Month: September 2018

California on Sunday adopted the nation’s toughest net-neutrality rules, as Gov. Jerry Brown approved a bill barring internet service providers from blocking, throttling or favoring online traffic. In addition, the new rules ban the practice of service providers exempting certain content from users’ data caps, known as “zero rating.” Telecommunications giants such as AT&T Inc. T, +0.48% and Comcast Corp.... Read More

Niu Technologies, a Chinese startup that makes electric scooters, has filed for an initial public offering in the U.S. On Monday, Niu Technologies filed for a $150 million IPO with the U.S. Securities and Exchange Commission. The company intends to apply for the listing of its American Depositary Shares or ADS on the Nasdaq Global Market under the symbol “NIU.”... Read More

X Financial, a technology-driven personal finance company in China, said Wednesday it has priced its initial public offering of 11 million American Depositary Shares or ADSs at $9.50 per ADS. Each ADS represents two Class A ordinary shares. The total offering size is about $104.5 million, assuming the underwriters do not exercise their option to purchase additional ADSs. The ADSs... Read More