ByteDance strikes a deal with a group of non-Chinese investors to create a new TikTok US entity and avoid a federal ban, concluding a six-year legal saga
Here's all you need to knowAnkita Chakravarti /Moneycontrol:TikTok avoids US ban after sealing last-minute dealJoy Chakravarty /Arabian Business:Abu Dhabi's MGX buys 15% stake to keep TikTok alive in ...
ByteDance strikes a deal with a group of non-Chinese investors to create a new TikTok US entity and avoid a federal ban, concluding a six-year legal saga
TikTok said on Thursday that its Chinese owner, ByteDance, had struck a deal with a group of non-Chinese investors to create a new U.S. TikTok …
Court hearing: UK prosecutors are looking to confiscate ~$6.8B in bitcoin tied to a massive 2017 fraud in China and plan to repay ~128K duped Chinese investors
Upmanyu Trivedi / Bloomberg :
Experts say Chinese investors would be wary of backing AI startups building foundation models; PitchBook: in Q1, AI/ML VC funding in China fell 30% YoY to $1.2B
Investors believe practical AI applications will fuel the next wave of growth, with startups building on top of DeepSeek's foundation, rapidly accelerating AI adoption throughout Chinese society. — ...
Sources: as US rules bite, US chip toolmakers tell suppliers that they need alternatives to Chinese products and that suppliers can't have Chinese investors
WSJ Applied Materials, Lam Research Among Chip Toolmakers Cutting Off Chinese Suppliers, Sources Say — WSJ U.S. Chip Toolmakers Say Suppliers Can't Have Chinese
Since 2023, Chinese investors, including Alibaba and Tencent, have valued 6+ China-based startups developing LLMs, dubbed “Little AI Dragons”, at $1B+ each
Since 2023, 40% of Alibaba's deals in China and 30% of Tencent's have targeted AI startups
Some Chinese investors are using creative methods to own bitcoin and other crypto that they believe are safer than China's crumbling stock and property markets
Dylan Run, a Shanghai-based finance sector executive, started moving a bit of his money into cryptocurrencies in early 2023 …
Chinese investors and VCs, who helped fuel India's tech ecosystem, lose out in India's tech IPO boom after having to cash out early amid geopolitical tensions
https://restofworld.org/... @restofworld : “No good entrepreneur will consider Shunwei over a Sequoia.” Faced with political barriers, Chinese investors are cashing out of Indian tech. @nilChristopher...
Tencent, Alibaba, Xiaomi, and other Chinese companies are testing audio-only chats in their platforms, looking to emulate Clubhouse, which is banned in China
Zheping Huang / Bloomberg : Tweets: @rushiv , @pingroma , and @business Tweets: Rushi Vishavadia / @rushiv : It's almost like China allows outsides apps to get started, then band them for any odd rea...
Sources: US CFIUS is scrutinizing past Chinese startup investments, even ones that closed years ago, for national security risks
National-security panel that gained powers under Trump to become even sharper weapon under Biden — A national-security panel on the hunt for Chinese involvement … Tweets: @heathersomervil Tweets: He...