A day-after assessment of the Uber/Didi deal through the lens of another yet tech giant who’s failed to overcome the many obstacles of establishing a meaningful presence in China – NYTimes and WSJ and Bloomberg
The Times gives us a pretty remarkable look (with pictures!) at the vast reach of Private Equity into areas of our lives we’ve probably never suspected. All a reality of the post-crisis economic world – NYTimes
Japan’s unveiled a massive new stimulus package that will include $45 billion in extra spending over the next 5 months – Bloomberg
More on the pressure big banks are feeling to get a piece of the instant payment market after falling way behind to start-ups – NYTimes
Microsoft’s third-largest US corporate bond sale of the year helped it rake in $19.75 billion, only reinforcing the global demand for US corporate debt as government bonds go negative – Bloomberg
Andrew Ross Sorkin offers up this hot take on Bill Ackman and his longstanding short on Herbalife: maybe he’s been right all along? – NYTimes
In a post-forking landscape, it’s all about Ethereum Classic vs. [New] Ethereum. Which one wins will have a to say about the future of the digital currency (and others like it) – WSJ
Here’s a handy guide to the rule changes the SEC has undertaken in an effort to level the playing field [at least a little] in its in-house court system – Law360
Oracle’s recent acquisition of NetSuite—as some were pointing out as the deal was announced—is likely deeply connected to its commitment to data-heavy cloud computing (and the valuable analysis that it can yield) – NYTimes
We’ll give Elizabeth Holmes this—she and Theranos are apparently not going down without a fight [see, e.g., the miniLab] – NYTimes and WSJ
Odds are awfully good you won’t be seeing much of Russia in Rio. So here’s a little taste of what they do best (no doping necessary) – Deadspin