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Short seller says Lemonade website bug exposed insurance customers’ account data

An activist short seller has written a letter to the chief executive of insurance giant Lemonade with details of an “accidentally discovered” security flaw that exposes customers’ ac

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China’s Luckin Coffee will pay $180 million to settle accounting fraud charges

China’s embattled coffee delivery startup Luckin has reached a settlement with the U.S. Securities and Exchange Commission, agreeing to pay a $180 million penalty to se

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Baidu Q2 results beat estimates, but overshadowed by iQIYI probe

The Logo of Baidu in Beijing. /VCG Chinese search engine giant Baidu Inc posted quarterly revenue a notch ahead of estimates, but its shares slid in extended trade after its streaming service

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Michael Jordan's six NBA championships: 1992, breaking all doubts

Michael Jordan, #23 of the Chicago Bulls, celebrates victory in Game 6 of the NBA Finals against the Portland Trail Blazers at the United Center in Chicago, Illinois, June 14, 1992. /AP Having

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iQIYI CEO dispels research firm's allegations of exaggerated revenue

VCG "Good will triumph over evil. Let's see who will eventually win?" said Gong Yu, CEOof Beijing-based video-streaming platform iQIYI, after the company was alleged to have exaggerated revenu