Deirdre Bosa

Uber and SoftBank completed their long-awaited investment agreement on Thursday.

CNBC’s Deirdre Bosa breaks down the latest actions from Chinese regulators targeting e-commerce giant Alibaba, and its fintech arm, Ant Group.

MasterClass has raised $225 million in a Series F funding round to help launch a new enterprise business and expand internationally.

Grocery delivery app Instacart has tapped Fidji Simo, head of Facebook’s app, as its next CEO.

Carolyn Everson announced Friday she will step down as Instacart’s president at the end of the year.

Uber will slash spending on marketing and incentives and treat hiring as a “privilege,” CEO Dara Khosrowshahi said in an email to staff on Sunday.

All mainland Chinese listings — homes and experiences — will be taken down by this summer.

SoftBank founder Masayoshi Son had foreshadowed cost-cutting this summer after the company posted a $21.6 billion quarterly loss for the Vision Fund.

Musk completed his $44 billion acquisition of the company this week.