China’s Bike-Share Startup Frenzy Turns into Money-Suck by Wolf Richter • Nov 26, 2017 • 33 Comments Fresh startups with millions of dollars in funding run out of cash and collapse.
Another Cryptocurrency Gets Hacked, Money Disappears. Here are the 30 Biggest Crypto Hacks by Wolf Richter • Nov 21, 2017 • 80 Comments Hackers are dogging cryptocurrencies.
Uber’s Survival Strategy? “Tens of Thousands” of Self-Driving Volvo-Ubers Starting in 2019 by Wolf Richter • Nov 20, 2017 • 159 Comments Ready or not, here they come. Tough luck for drivers.
The Corporate Earnings Fiction in Q3 by Wolf Richter • Nov 19, 2017 • 52 Comments The Biggest Sinners in the Dow.
Wall Street Discovers the Brick-and-Mortar Meltdown by Wolf Richter • Nov 16, 2017 • 60 Comments Oh Lordy.
P2P Loans are “Predatory,” Have Delinquency Characteristics of pre-2007 Subprime Mortgages, Could Impact Financial Stability: Cleveland Fed by Wolf Richter • Nov 13, 2017 • 51 Comments Debt slaves get deeper into high-cost debts they can’t handle.
Equifax Discloses its Coming Nightmares by Wolf Richter • Nov 10, 2017 • 44 Comments “It is not possible to estimate the amount of loss or range of possible loss.”
How Snap Just Gave a Middle Finger to its Voteless Shareholders by Wolf Richter • Nov 8, 2017 • 34 Comments They don’t need to know, Snap says. Tencent rues the day it bought a 12% stake.
How Can a Company Once Worth $30B Lose $443M on Just $208M in Revenues? Here’s How by Wolf Richter • Nov 7, 2017 • 68 Comments This is where hype (and money) goes to die.
Malls and their Hapless Investors Keep Getting Crushed by Wolf Richter • Nov 3, 2017 • 63 Comments (Creative) Destruction in the brick-and-mortar meltdown.