Tag: CNBC

China Raises the Bar for Humanoid Robot Companies Seeking IPOs

By Michael Adeleke Key highlights: China has expanded listing requirements for humanoid robot startups seeking IPOs Companies must meet three key criteria before going public Its humanoid robotics sector attracted $6.95 billion in investment in the second quarter of the year China’s securities regulator has implemented tougher rules, making it harder for humanoid robot startups […]

MDB Stock Crashes 19% as Meta Poaches MongoDB’s CEO

By Michael Adeleke Key highlights: MongoDB stock slumped after CEO CJ Desai resigned to join Meta The stock’s opening-day drop erased about $8 billion in market value MongoDB named former CEO Dev Ittycheria as interim CEO MongoDB stock dropped sharply after the software company’s CEO, Chirantan “CJ” Desai, resigned to take a role at Meta […]