Meituan Shares Drop for 10th Session on Consumer Group Criticism

Meituan Shares Drop for 10th Session on Consumer Group Criticism

Meituan shares fell for the 10th straight session after an influential consumer group voiced criticism over issues that hurt consumer rights, fueling concerns the Chinese tech firm is facing heightened regulatory scrutiny. The Shanghai Consumer Council, …
See Original Article

Semiconductor makers and users form a group to push for chip funding.

The coalition is calling on Congress to provide $50 billion in funding for semiconductor research and manufacturing, which President Biden has proposed as part of his $2.3 trillion infrastructure package. “Leaders from a broad range of …
See Original Article

What is Delta 8 THC? It's not marijuana, but it's creating a buzz in NY

It’s been picking up momentum nationwide and in New York for the past few months. It can now be found on the shelves at many local shops that sell CBD (cannabinol) and other hemp products. It’s sold in forms that can be smoked, vaped or ingested (like …
See Original Article

Subaru Names New All-Electric SUV "Solterra"

CAMDEN, N.J., May 11, 2021 /PRNewswire/ — Subaru of America, Inc. (SOA) today announced that it will name its new full-electric SUV Solterra. Designed as a joint venture between Subaru and Toyota, the Solterra features a new, dedicated all-electric …
See Original Article

A division of SoftBank has invested $1.6 billion into an e-commerce start-up's new 'influencer platform'

The deal will give SBM 19.9% of THG Ingenuity, valuing it at $6.3 billion. Formerly known as The Hut Group, THG owns several online beauty and nutrition brands such as Lookfantastic, Mankind, and …
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Your email address will not be published.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.