Nextdoor to go public in $4.3 billion SPAC merger as CEO looks toward expansion – CNBC
Nextdoor CEO Sarah Friar discussed the company’s plans to go public via a SPAC merger in a deal worth $4.3 billion.
USA
Rimac Says It Will Let Bugatti Be Bugatti – Jalopnik
Rimac founder promises the Chiron will be left alone, and there’s another ICE-powered Bugatti in the works.
Shuttered fitting rooms anger shoppers and boost returns. How these retailers are trying to fix that – CNBC
A survey from Coresight found that 42.4% of consumers in the U.S. returned unwanted products from March 2020 to March 2021, and…
Chinese regulators suggested Didi delay its U.S. IPO, WSJ reports – CNBC
China’s cybersecurity regulator suggested weeks ago that Didi delay its IPO, WSJ reports
Hackers demand $70 million to unlock businesses hit by sprawling ransomware attack – The Washington Post
Cybercriminals involved in a widespread supply chain attack said they would release their victims’ files for a ransom of $70…
Asia industry group warns privacy law changes may force tech firms to quit Hong Kong – Reuters
An Asian industry group that includes Google (GOOGL.O), Facebook (FB.O) and Twitter
Porsche to create hypercar company with Bugatti and Croatian electric vehicle maker Rimac – CNBC
Rimac will have a 55% stake in the Bigatti-Rimac joint venture, while Porsche will hold a 45% stake in the company.
China’s Crackdown on Didi Is a Reminder That Beijing Is in Charge – The New York Times
After targeting the ride-hailing platform days after its I.P.O., regulators on Monday moved against more companies that had recently…
Airbnb has blocked tens of thousands of bookings in party crackdown – The Verge
Airbnb has blocked over 20,000 suspicious bookings across nine US cities as a result of the ban on parties and events it announced…
Hackers demand $70 million to end biggest ransomware attack on record – CBS News
Notorious Russia-linked group REvil infected thousands of victims in at least 17 countries via software company Kaseya.