Breakingviews – China's Pinduoduo digs in for a long Alibaba fight

·

·

Breakingviews – China's Pinduoduo digs in for a long Alibaba fight

HONG KONG (Reuters Breakingviews) – China’s Pinduoduo is in for a long fight that may now have multiple fronts. The e-commerce startup lost nearly $11 billion of market value on Wednesday after reporting a bigger quarterly loss than shareholders were …
See Original Article

Harnessing the sun's heat for industry could cut 10% of global carbon emissions

The use of fossil fuels in the production of heat to make cement, steel, and other industrial products creates 10% of global carbon emissions. That’s five times the emissions put out by all planes. A new solar startup, funded by billionaires Bill Gates and Patrick …
See Original Article

Tiny, 'New York City-sized' Cracker Barrel rolls into Manhattan for Thanksgiving

Cracker Barrel, America’s favorite country-fried stop along the interstate, is celebrating a big milestone with a little country store in NYC, ahead of the Macy’s Thanksgiving Day Parade. The Lebanon, Tenn.-based restaurant chain — known for antique-covered …
See Original Article

Prosus, Takeaway trade barbs in battle for Britain's Just Eat

AMSTERDAM (Reuters) – The two companies vying to purchase British food delivery service Just Eat traded barbs on Wednesday, as technology company Prosus and Takeaway.com each sought to win over a critical mass of shareholders. FILE PHOTO: The …
See Original Article

The FCC's public auction of C-band spectrum jeopardizes a major source of funding for satellite companies

The Federal Communications Commission (FCC) plans to allocate additional spectrum for 5G by conducting a public auction of C-band spectrum before the end of 2020, according to CNBC. The public auction would distribute rights to 280 MHz of lower …
See Original Article



Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.