PDD Sacks Employees Involved in Melee with Market Authorities, Sources Say
Chinese e-commerce conglomerate Pinduoduo sacked a number of its employees after being involved in a brawl with market regulators, Nikkei Asia reported Wednesday, citing sources.The dismissed employees were mostly from Pinduoduo's government relations division, the report said, citing people familiar with the matter.Among those dismissed was compliance director Tu Tuohang, who posted on WeChat stating he had been dismissed last week for "serious negligence that caused substantial harm to the company," the report said."Nearly 30 employees" were also dismissed, the report said, citing Tu.Police earlier detained at least three executives of Pinduoduo after a physical fight with market inspectors at its Shanghai headquarters, the report said.Clashes between companies and regulators are rare in China, the report said.
Wonder Gen-Z will watch the Discovery documentaries when they can produce them anytime using AI....❗❓😁
WBD Stock Rises over 7%; Paramount Gains 2%; Netflix Falls 2%. Paramount Makes $108.4 Billion Hostile Bid for Warner Bros Discovery
$Paramount Skydance(PSKY)$ on Monday launched a hostile bid worth $108.4 billion for $Warner Bros Discovery(WBD)$, throwing a wrench into the deal with Netflix in a last-ditch effort to create a...
Just partnering. Need to see the proposed solution can function well or a cash burning proposal ❓ 🤔
Navitas Semiconductor Corp (NVTS.US) Partners with WisdomTree Investments to Integrate Asian Distribution Network, Accelerating Shift to High-Power Markets Like AI and Energy
Navitas Semiconductor Corp (NVTS.US) has consolidated its Asian distribution network through a strategic distribution agreement with WisdomTree Investments. This collaboration will strengthen...
Jens is taking the risk on the uncharted path as NVDA's China market is closed by Trump. No risk no gain.
Nvidia Is Going Out of Its Way to Rebut Online Criticism. Is This Savvy PR or Adding Fuel to the Fire?
Nvidia has been vocal in refuting bearish critiques, and there's debate over the merits of its communications strategy. Nvidia says it's "a generation ahead of the industry.". With Nvidia shares down since last week's earnings report, the world's largest company by market cap has been vocal in response to budding bearish criticisms. To some, the messaging seems consistent with what investor-relations teams should convey. But others think the company is only stoking worries further by acknowledging them.It started with a memo to sell-side analysts over the weekend, addressing a variety of concerns, from the impact of Nvidia's buyback program to the financial positions of partners like OpenAI and CoreWeave, to the company's view that it "does not resemble historical accounting frauds" like Enron.Are Nvidia's responses savvy public relations or a sign the company is growing worried?But to Seaport Research's Jay Goldberg, the sole sell-side analyst to carry a bearish rating on Nvidia's st
SIA Group Reports 5.3% Increase in Passenger Traffic for October 2025; Cargo Demand Declines
Singapore Airlines (SIA) Group reported a 5.3% year-on-year rise in passenger traffic for October 2025, surpassing the 3.7% increase in passenger capacity. This led to the group's passenger load...
Short it ❗ Should dip more. Potentially facing delisting by SEC...🫰
White House Says Alibaba Is Helping Chinese Military Target US, FT Reports
UPDATE 2-White House says Alibaba is helping Chinese military target US, FT reportsAdds comments by Chinese embassy, White House declines to comment, paragraphs 7-9WASHINGTON, Nov 14 (Reuters) - Washi
[Facepalm] [Facepalm] [Facepalm] future prospects doom unless it decoupling from Air India. Not to add salt to it, its Scoot airline is considering hiring Indian pilots...I am worried that China n ASEAN countries air traffic controllers can understand the pilots' Indian slang.... Gone With SIA brand & reputation ❗😕😨
Singapore Airlines Plummets 3.01% as Air India Losses Drag Down Profits
Singapore Airlines (SIA) saw its stock price plummet by 3.01% in pre-market trading on Friday, following the release of its disappointing first-half financial results. The national carrier reported a...