Byju’s Investors Vote to Oust CEO from Troubled Ed-Tech Startup | India Business News

Byju’s Investors Vote to Oust CEO from Troubled Ed-Tech Startup | India Business News

Major Byju’s shareholders including Prosus NV and Peak XV Partners voted Friday to oust its founder as chief executive officer, escalating a battle over the fate of the once high-flying online tutoring startup that is fighting to remain in business.Byju’s rejected the resolutions, which also sought to remove Byju Raveendran from the board of the … Read more

Once bitten, twice shy: Why investors aren’t betting on China’s tech rebound

Once bitten, twice shy: Why investors aren't betting on China's tech rebound

China’s tech stocks just had their best week since December. But for many investors who have been burned chasing past rallies, more signs of fundamental improvement are needed before they jump back in.The industry still faces a raft of challenges including a sluggish economic recovery, and uncertainty about whether the end of the official crackdown … Read more