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Economic Conditions and Trends

The New New World: The Huawei Executive’s Arrest Is Igniting Fear. The U.S. Should Take Notice.

Days after the Canadian authorities arrested one of China’s leading technology executives at the behest of Washington, Cisco warned some employees that China might return the favor. In an email with the subject line “Travel Restriction to China,” the Silicon Valley networking giant cautioned employees against nonessential travel to China …

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Huawei Executive Was Company’s Professional Face, Until Her Arrest

BEIJING — As Huawei’s finance chief and daughter of its founder, Meng Wanzhou has been a polished, professional face for a huge technology firm that long was opaque to the outside world. Ms. Meng, the eldest daughter of Ren Zhengfei, the leader of the telecom equipment maker, has appeared before …

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Jack Ma, China’s Richest Man, Belongs to the Communist Party. Of Course.

HONG KONG — Jack Ma, China’s richest man and the guiding force behind its biggest e-commerce company, belongs to an elite club of power brokers, 89 million strong: the Chinese Communist Party. The party’s official People’s Daily newspaper included Mr. Ma, executive chairman of the Alibaba Group and the country’s …

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New York Is a Genuine Tech Hub (and That Was Before Amazon)

MongoDB trades at about $70 a share, compared with its initial price of $24 a share, when it went public in October 2017. Etsy, which went public at $16 a share in 2015, currently trades at about $47 a share. “New York entrepreneurs, investors and boards are just starting to …

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Alibaba Had Another Big Singles Day. The Party May Not Last.

The company’s methods for ginning up excitement have come under scrutiny before. Two years ago, Alibaba said that the United States Securities and Exchange Commission was investigating it for the way it reports Singles Day sales. The company’s preferred metric, gross merchandise value, is supposed to represent the amount of …

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Visions of a Tech Hub? Landing Amazon Is Just a Start

When Amazon announced plans to build a second headquarters somewhere in North America, it set off a competition for a sort of new-economy golden ticket, a chance for one city to become, almost overnight, a magnet for the high-paying jobs and entrepreneurial spark that are hallmarks of urban success in …

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Alibaba Feels the Pinch From China’s Slowing Growth

SHANGHAI — A slowing economy is taking a toll on China’s biggest e-commerce company. The Alibaba Group on Friday reported $12.4 billion in revenue for the latest quarter, a 54 percent increase from a year earlier but less than analysts’ estimates. The company also said it was lowering its estimate …

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