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EquipmentShare, which runs a jobsite tech and equipment rental platform for the construction industry, raised $747.3M in its IPO, valuing the company at $7.16B (Reuters)

Reuters : EquipmentShare, which runs a jobsite tech and equipment rental platform for the construction industry, raised $747.3M in its IP...

5 January 2025

Douyin, Pinduoduo, and Xiaohongshu vow to improve their algorithms, after China launched a campaign in November 2024 to address "typical issues with algorithms" (Coco Feng/South China Morning Post)

Coco Feng / South China Morning Post:
Douyin, Pinduoduo, and Xiaohongshu vow to improve their algorithms, after China launched a campaign in November 2024 to address “typical issues with algorithms”  —  ByteDance's Douyin, PDD's Pinduoduo, and Xiaohongshu have promised to address issues related to the misuse of algorithms

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