Nike quietly sold its digital products subsidiary RTFKT on December 16 for an undisclosed sum, roughly one year after Nike shuttered the NFT unit
Nike has sold one of its subsidiaries, but it's not the one on the minds of some analysts and industry watchers.
Docs: Foxconn's subsidiaries and China's Luxshare plan expansions in Vietnam to boost gaming device production, reinforcing Vietnam's gaming supply chain role
Foxconn (2317.TW) and Luxshare (002475.SZ) plan to add millions of gaming devices to Vietnam's annual output …
The US FCC announces proceedings to potentially bar Hong Kong-based telco HKT and its subsidiaries from accessing domestic US networks, citing its ties to China
Dylan Butts / CNBC :
The US Commerce Department says subsidiaries of entity list companies would also be subject to trade restrictions, threatening Chinese companies, from Tuesday
Amrith Ramkumar / Wall Street Journal :
Tether launches the US-regulated USAT stablecoin and names Bo Hines, the former Executive Director of the White House Crypto Council, as CEO of its new US unit
from a misunderstood/opaque offshore stablecoin to a $169B market leader, now pioneering financial innovation in the U.S. Excited for the Tether America launch event. [image] @cowboycrypto313 : Cantor...
Anthropic says it will stop selling AI services to majority Chinese-owned groups; a source says the policy is partly aimed at Chinese subsidiaries in Singapore
Policy will also apply to US adversaries including Russia, Iran and North Korea — Anthropic will stop selling artificial intelligence services …
Taiwan imposes export controls on Huawei, SMIC, and some of their subsidiaries, restricting their access to tech and equipment necessary for AI chip production
Taiwan's International Trade Administration has included Huawei, SMIC and several of their subsidiaries in an update …
Sources: Trump administration plans to expand Entity List restrictions to cover subsidiaries of Chinese companies, aiming to block workarounds via new offshoots
The Trump administration plans to broaden restrictions on China's tech sector with new regulations to capture subsidiaries of companies under US curbs.
Document: French prosecutors close Congo's case accusing Apple subsidiaries of using conflict minerals, saying it is “not sufficiently well-founded”
French prosecutors have closed a case filed by Democratic Republic of Congo accusing Apple (AAPL.O) subsidiaries …
SoftBank commits $3B annually for itself and its subsidiaries to use OpenAI's tech, and launches SB OpenAI Japan to market OpenAI's enterprise tech in Japan
Welcome to Cautious Optimism, a newsletter on tech, business, and power. SoftBank Group Corp. : OpenAI and SoftBank Group Partner to Develop and Market Advanced Enterprise AI The Asahi Shimbun : SoftB...