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Private-equity companies are taking a closer look at how their portfolio companies manage their cybersecurity, often before a deal is signed. Private-equity companies are taking a closer look at how their portfolio companies manage their cybersecurity, often before a deal is signed.…

Over the last decade or so, many venture capitalists have built vast personal fortunes. Some of the money has been made through investments in companies that have outperformed. But much of their wealth traces to management fees that added up quickly as fund sizes —  raised in faster succession than ever in history — ballooned to unprecedented levels. Given that the market has changed — and will likely remain a tougher environment for everyone for at least the next year or two — an obvious question is what happens…

<!----> Piaggio and Foton Motor have signed a preliminary agreement for the development of a new range of four wheel electric light commercial vehicles. The agreement consolidated the deal established by the two groups in September 2017 for joint development of light LCVs.…

Carter said Snap tried to be ahead of legislation, though it is happy to work with governments on policy issues. “We always strive to have the highest level of policy as it relates to safety or privacy or data, or the protection of our community, which in most instances, has meant that we haven’t had to then go and make any changes retrospectively as it relates to particular policy developments.”This year has been bad for major technology companies, especially those fuelled by advertising such as Snap. Its shares are down…

SINGAPORE—Chinese e-commerce major JD.com Inc. JD 1.36% told staff that it will cut executive salaries to improve employee benefits and ease financial pressure, as tech companies grapple with a weaker economy.   Beijing-based JD.com will reduce the compensations of some 2,000 senior managers by 10%-20% from next year, with steeper cuts for higher-level executives, according to a letter Richard Liu, the…

WASHINGTON—U.S. officials are jetting around the globe in a quiet diplomatic push to get Russia’s major trading partners to enforce sanctions and trade controls, as exports to the country pick up after diving in the weeks following Moscow’s invasion of Ukraine.   But so-called sanctions leakage—in which weak enforcement enables banned finance and trade to flow—is undermining the campaign, aiding Russia’s economy and potentially prolonging the war, according to senior Western officials. “We want to avoid…

New England power producers are preparing for potential strain on the grid this winter as a surge in natural-gas demand abroad threatens to reduce supplies they need to generate electricity.New England, which relies on natural-gas imports to bridge winter supply gaps, is now competing with European countries for shipments of liquefied natural gas, following Russia’s halt of most pipeline gas to the continent. Severe cold spells in the Northeast could reduce the amount of gas available to generate electricity as more of it…

WASHINGTON —  The 2022 midterm election so far has unfolded in three chapters.In the spring, rising prices, falling approval for President Biden and growing concern about crime combined to create a very favorable environment for Republican campaigns. Half a dozen Democratic senators appeared at risk of losing their reelection bids, and a Republican sweep through contested House races seemed all but inevitable.Then, in June, the Supreme Court released its decision overturning Roe vs. Wade and ending the nationwide…

The phrase “labor market” doesn’t do justice to the complex relationship between workers and their jobs. Unlike ordinary goods and services, such as slabs of steel or cups of coffee, workers care about how they’re treated, and have other things to do with their time.This has become glaringly apparent from recent events. Last week, railroad workers nearly went on strike over working conditions, such as how much time they could take off for medical needs without penalty. In Minnesota, nurses walked off the job for more pay…

Jason Hiner/ZDNETWorldwide shipments of wearables in the second quarter of this year declined 6.9% compared to the prior year, according to data from IDC. The demand for wearables is stagnating due to worldwide economic conditions and the hypergrowth that the wearables market has experienced in the last two years, the research firm reports.The companies leading the wearables category have not changed, with Apple, Samsung, Xiaomi, Huawei, and Imagine Marketing still at the forefront. However, out of these leading…