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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

A thousand-year-old poem just cost Chinese delivery giant Meituan tens of billions of dollars in market value, further rattling a tech industry that is already on edge.

A 1,100-Year-Old Poem Cost Meituan’s Outspoken CEO Billions Bloomberg 3 hrs ago Coco Liu, Yoojung Lee and Ishika Mookerjee (Bloomberg) -- It took just 28 Chinese characters on an obscure social media platform to ignite a controversy that’s rattled the country’s tech industry. Popular Searches Meituan CEO Wang Xing lost $2.5 billion of his wealth over two days after he posted verses from a millennium-old poem about the misguided attempts of China’s first emperor to quash dissent. Wang, a usually plain-speaking engineer who enjoys literary classics, later scrubbed his ...

Delivery riders for Meituan, one of China’s biggest food delivery firms, chat while waiting for orders outside a restaurant in Beijing. Even before Wang’s post, state media had run regular exposes describing the plight of Meituan’s delivery drivers, helping stoke online outrage. — AFP It took just 28 Chinese characters on an obscure social media platform to ignite a controversy that’s rattled the country’s tech industry. Meituan CEO Wang Xing lost US$2.5bil (RM10.29bil) of his wealth after he posted verses from a millennium-old poem about the misguided attempts of China’s first ...

China is growing fast — but the workforce powering its economic rise is shrinking.Census data released Tuesday showed that China's total population rose