China's Uber Rival Catches Up, and Pinterest Will Delay its IPO
Cheddar's up early to celebrate the Winter Solstice and to get you the morning's latest stories.
Didi Chuxing raised a new $4 billion in funding, bringing the ride-hailing company's valuation to $56 billion. Investors include Abu Dhabi's Mubadala and Japan's SoftBank.
And Pinterest is reportedly going to delay its IPO until at least 2019, as the photo-sharing app is expected to miss revenue forecasts for the year. The Information reports the company will bring in about $490 million this year, compared to early estimates of $500 million.
Plus Facebook under fire for how companies are using the companies filters to find potential employees in specific age groups. Companies like Verizon, Amazon, and Target reportedly all using the tool.
Jay Woods of Freedom Capital Markets shares thoughts on how the latest inflation report will impact the market, and why he expects a ‘cascade’ of IPOs if Reddit’s public debut goes well.
During AT&T's widespread outage Thursday, landline phones were a working alternative — which most of the U.S. does not have. Over half of Americans are estimated to have ditched landlines altogether.
Jade Kearney Dube, Founder & CEO of She Matters talks the Symptom Tracker app, cultural competency for healthcare providers, and being a Black woman CEO looking for funding.
Ahead of April’s planned BitCoin halving, Bitfarms CEO Geoff Morphy shares why he thinks the crypto rally will continue, plus why you’ll see a broader adoption of clean energy for mining.
Did you know there's a big difference between a dude ranch and a working cattle ranch? Check out the new generation of ranches, and live out your cowboy dreams.
Lara Rhame, FS Investments chief U.S. economist, discusses the recent market highs, how the job market is in a ‘good place,’ and why rates staying higher for longer might not be a bad thing.
