(Bloomberg) Apple Inc. has agreed to allow media app developers to link their App Store to other websites and avoid the current 30% fees on downloads and subscriptions. The change…
(Reuters) Didi Global Inc., Meituan, and Geely’s Caocao are among 11 ride-sharing firms summoned by Chinese regulators over market practices. The regulators accuse the ride-hailing firms of hiring unqualified drivers…
(Marijuana Moment) The Drug Enforcement Administration is pushing for an expansion in Marijuana and Psilocybin production for the research and development of therapeutic drugs. The agency seeks to increase its…
(Electrek) Tesla is recruiting to fill new positions relating to building a humanoid robot, dubbed the Tesla Bot. Some of Tesla’s advertised positions include an electrical engineer, a mechanical design…
(Markets Insider) The world’s second biggest cryptocurrency Ethereum led other altcoins in Wednesday’s surge, jumping by up to 7% to about $3,560, the highest since mid-May. The surge in Ether…
(IHS Markit) US Manufacturing PMI hit 61.1 in August, down from 63.4 in July, the lowest in four months, but one of the strongest in the series history. The robust…
(Nikkei Asia) Tech giant Google is making its own central processors for laptops and tablets as it shifts to in-house development to become competitive. The move by Google is part…
(ADP National Employment) US private-sector employment rose by 374,000 in August from July, a lower gain compared to an expected increase of 600,000. Medium businesses added the most jobs at…
(Nio Inc.) Nio Inc. delivered 5,880 vehicles in August this year, up 48.3% from the comparable month of 2020. The deliveries consisted of 1,738 ES8s, 2,342 ES6s, and 1,800 EC6s.…
(Reuters) Chinese government-backed firms are eyeing major stakes in Ant Group joint venture with Zhejiang Tourism Investment Group that could come as soon as October. Ant’s IPO with Zhejiang aims…
(Bloomberg) Cathie Wood’s Ark Investment Management’s Transparency ETF could debut this year upon approval by the regulator.The new ETF will closely follow an index that excludes alcohol, gambling, banking, oil,…
(IHS Markit) Germany’s manufacturing PMI hit a six-month low of 62.6 in August, from 65.9 in July as manufacturers struggled to meet demand due to supply constraints. Output sub-index fell…