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Alibaba-backed Hellobike bags new funds as it marches into ride-hailing

2018 has been a rough year for China’s bike-sharing giants. Alibaba-backed Ofo pulled out of dozens of international cities as it fought with a severe cash crunch. Tencent-backed Mobike puts a brake on expansion after it was sold to neighborhood services provider Meituan Dianping. But one newcomer is pedaling against the wind. Hellobike, currently the country’s […]

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Mark Zuckerberg is ‘proud’ of how Facebook handled its scandals this year

After the year Mark Zuckerberg’s had, you’d think he’d struggle to appear so chipper. “I’m proud of the progress we’ve made,” he said in an end-of-year note posted on his Facebook page for everyone to see. Acknowledging that the social network played its part in the spread of hate speech, election interference and misinformation, Zuckerberg’s […]

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‘Bird Box’ breaks a Netflix record with 45M+ people watching in its first week

Sandra Bullock’s star power can still sell a movie, apparently. Though reviews for the Netflix horror film “Bird Box” have been lukewarm — the movie has a respectable, but not outstanding, score of 65 percent on Rotten Tomatoes — it has still managed to break records for the streaming service, Netflix said this afternoon. The company […]

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