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.
Voyager Technologies CEO Dylan Taylor discusses the booming commercial space race, NASA partnerships, defense tech, and building the future beyond Earth.
Inflation is outrunning growth, squeezing consumers and raising fear of a summer slowdown as high rates and sticky prices test spending and markets today now.
TIME's editorial director Emma Barker unpacks the 2026 100 Most Influential Companies list, spotlighting trends, AI impact, surprises, and leadership shifts.
From dire wolves to new species targets, scientists at Colossal Biosciences are using gene editing to revive extinction and reshape biodiversity as we know it.
R.J. Hottovy, Head of Analytical Research at Placer.ai, breaks down restaurant trends, pricing power, and which chains are winning this earnings season.
