Budweiser cancels biggest IPO of 2019, France passes a US tech tax, and Bird’s profitability drama
By Nick & Jack Studios
15/07/19·17m 6s
Earth’s biggest brew-glomerate, Budweiser-owner AB InBev, was planning the biggest IPO of the year by spinning off its Asia unit — that was suddenly canceled before the weekend. France unveiled a “tech tax,” but it really looks like a tariff on Silicon Valley. And scooter icon Bird is our “dramatic unicorn of the day” for a debate raging on its profitability problems.
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