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Nextdoor to go public in $4.3 billion SPAC merger as CEO looks toward expansion – CNBC

06 Jul Business

Nextdoor CEO Sarah Friar discussed the company’s plans to go public via a SPAC merger in a deal worth…

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Rimac Says It Will Let Bugatti Be Bugatti – Jalopnik

06 Jul Business

Rimac founder promises the Chiron will be left alone, and there’s another ICE-powered Bugatti in the works.

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Shuttered fitting rooms anger shoppers and boost returns. How these retailers are trying to fix that – CNBC

06 Jul Business

A survey from Coresight found that 42.4% of consumers in the U.S. returned unwanted products from March 2020 to…

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Chinese regulators suggested Didi delay its U.S. IPO, WSJ reports – CNBC

05 Jul Business

China’s cybersecurity regulator suggested weeks ago that Didi delay its IPO, WSJ reports

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Hackers demand $70 million to unlock businesses hit by sprawling ransomware attack – The Washington Post

05 Jul Business

Cybercriminals involved in a widespread supply chain attack said they would release their victims’ files for a ransom of…

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Asia industry group warns privacy law changes may force tech firms to quit Hong Kong – Reuters

05 Jul Business

An Asian industry group that includes Google (GOOGL.O), Facebook (FB.O) and Twitter

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Porsche to create hypercar company with Bugatti and Croatian electric vehicle maker Rimac – CNBC

05 Jul Business

Rimac will have a 55% stake in the Bigatti-Rimac joint venture, while Porsche will hold a 45% stake in…

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China’s Crackdown on Didi Is a Reminder That Beijing Is in Charge – The New York Times

05 Jul Business

After targeting the ride-hailing platform days after its I.P.O., regulators on Monday moved against more companies that had recently…

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Airbnb has blocked tens of thousands of bookings in party crackdown – The Verge

05 Jul Business

Airbnb has blocked over 20,000 suspicious bookings across nine US cities as a result of the ban on parties…

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Hackers demand $70 million to end biggest ransomware attack on record – CBS News

05 Jul Business

Notorious Russia-linked group REvil infected thousands of victims in at least 17 countries via software company Kaseya.

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