Didi spurned Chinese regulators, who wanted to delay its U.S. IPO

Didi spurned Chinese regulators, who wanted to delay its U.S. IPO

2021-07-05

  Weeks before Didi Global Inc. went public in the U.S., China’s cybersecurity watchdog suggested the Chinese ride-hailing giant delay its initial public offering and urged it to conduct a thorough self-examination of its network security, according to people with knowledge of the matter. But for Didi DIDI, -5.30%, waiting would be problematic.Read More →

Siemens sees its business fall 20% in the April-June quarter, according to the company’s chief financial officer, according to Reuters’ Boersenzeitung

2020-07-04

  Reuters. Siemens AG’s headquarters can be seen in Munich FRANKFURT (Reuters) – German engineering firm Siemens (DE:) saw its contract volume increase by 20% in the three months to June and business in 2021 is expected to remain below 2019 levels, the financial director told the Boersenzeitung (BoeZ). RalfRead More →

Cardano’s IOHK and Global Blockchain Business Council Join Hyperledger

2020-06-12

Eight new members have joined Hyperledger, including several firms targeting tokenization initiatives. Hyperledger is a consortium of firms working on open-source enterprise solutions using distributed ledger technologies (DLT). Launched in December 2015 by the Linux Foundation, the project has since received contributions from IBM, Intel, and other leading tech firmsRead More →