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VOICE ARCHIVE

Raymond Zhong

@zhonggg
29 posts
2021-08-30
Didi was an operation of dubious legality when it raised its first big bucket of money nearly a decade ago. And in one way or another, it has been testing the Chinese authorities ever since. W/@LiYuan6 https://www.nytimes.com/...
2021-08-30 View on X
New York Times

Didi, which grew by moving in regulatory gray zones before the US IPO, became a bellwether for how far China is ready to go in Big Tech crackdowns

2021-08-29
Didi was an operation of dubious legality when it raised its first big bucket of money nearly a decade ago. And in one way or another, it has been testing the Chinese authorities ever since. W/@LiYuan6 https://www.nytimes.com/...
2021-08-29 View on X
New York Times

Didi, which grew by moving in regulatory gray zones before the US IPO, became a bellwether for how far China is ready to go in Big Tech crackdowns

Didi pushed the limits and thrived in legal gray areas.  Until China cracked down.  —  China's leading ride-hailing company, Didi … Tweets: @zhonggg and @liyuan6 Tweets: Raymond Zh...

2021-08-28
Didi was an operation of dubious legality when it raised its first big bucket of money nearly a decade ago. And in one way or another, it has been testing the Chinese authorities ever since. W/@LiYuan6 https://www.nytimes.com/...
2021-08-28 View on X
New York Times

Didi, which grew by moving in regulatory gray zones before the US IPO, became a bellwether for how far China is ready to go in Big Tech crackdowns

Didi pushed the limits and thrived in legal gray areas.  Until China cracked down.  —  China's leading ride-hailing company, Didi … Tweets: @zhonggg and @liyuan6 Tweets: Raymond Zh...

2021-03-19
LinkedIn mysteriously paused new registrations in China last week without explaining why. Turns out the country's internet regulator was punishing it for failing to control political content. w/@paulmozur @SteveLohr https://www.nytimes.com/...
2021-03-19 View on X
New York Times

Sources: China told LinkedIn that it found objectionable posts on the service, asking it to perform a self-evaluation and suspend new sign-ups for 30 days

2020-12-20
NEW: Thousands of confidential internal documents and files reveal how China's censors stage-managed what appeared online during the early weeks of the coronavirus outbreak. https://www.nytimes.com/...
2020-12-20 View on X
ProPublica

Leaked docs show how China stage-managed what appeared on its domestic internet to make coronavirus look less severe in the early days of the outbreak

ProPublica is a nonprofit newsroom that investigates abuses of power.  Sign up to receive our biggest stories as soon as they're published. Tweets: @paulmozur , @justinhendrix , @c...

2020-10-27
Alipay's parent company is aiming for a monster haul when it goes public in the coming weeks: $34 billion, more than any other I.P.O. on record. https://www.nytimes.com/...
2020-10-27 View on X
New York Times

Jack Ma's Ant Group set out to disrupt China's banks but now partners with many of them while counting huge Chinese institutions as shareholders

The tech giant, which is preparing for a mega I.P.O., has transformed personal finance in China.  Regulators have taken notice.

Alipay's parent company is aiming for a monster haul when it goes public in the coming weeks: $34 billion, more than any other I.P.O. on record. https://www.nytimes.com/...
2020-10-27 View on X
CNBC

Ant Group will raise $34.5B in its dual Shanghai and Hong Kong IPOs, valuing it at $313.37B, making it the biggest listing of all time

Arjun Kharpal / CNBC :

Jack Ma used to talk a lot about disrupting China's state-dominated financial system. Now, Ant is going public not as a scrappy upstart, but as a leviathan deeply dependent on the good will of the government he once relished prodding. https://www.nytimes.com/...
2020-10-27 View on X
New York Times

Jack Ma's Ant Group set out to disrupt China's banks but now partners with many of them while counting huge Chinese institutions as shareholders

The tech giant, which is preparing for a mega I.P.O., has transformed personal finance in China.  Regulators have taken notice.

2020-10-26
Obituary: When Lee took the helm at Samsung Group in 1987, many in the West knew the group's electronics unit only as a maker of cheap TVs and unreliable microwaves sold in discount stores. He pushed the company relentlessly up the technological ladder. https://www.nytimes.com/...
2020-10-26 View on X
New York Times

Lee Kun-hee, who was chairman and chief executive of Samsung Electronics from 1998 to 2008 and its chairman since 2010, has died at age 78

more than a 10-fold rise from 1997, making it among the world's most valuable technology companies https://www.wsj.com/... David Josef Volodzko / @davidvolodzko : Lee Kun-hee, who ...

2020-10-25
Obituary: When Lee took the helm at Samsung Group in 1987, many in the West knew the group's electronics unit only as a maker of cheap TVs and unreliable microwaves sold in discount stores. He pushed the company relentlessly up the technological ladder. https://www.nytimes.com/...
2020-10-25 View on X
New York Times

Lee Kun-hee, who was chairman and chief executive of Samsung Electronics from 1998 to 2008 and its chairman since 2010, has died at age 78

Mr. Lee was convicted — and pardoned — twice for white-collar crimes, in a sign of the ills in South Korea's relationship with its business dynasties.

2020-10-05
People in Taiwan have long seen China's reliance on Taiwanese-made chips as a bulwark against military aggression. But how much longer will that be true if the U.S. continues blocking Chinese companies from working with global chip makers? https://www.nytimes.com/...
2020-10-05 View on X
New York Times

How Taiwan's biggest chip maker TSMC is caught in a tough spot, forced to heed the dictates of Trump's tech policy, while trying to keep many customers in China

2020-10-04
People in Taiwan have long seen China's reliance on Taiwanese-made chips as a bulwark against military aggression. But how much longer will that be true if the U.S. continues blocking Chinese companies from working with global chip makers? https://www.nytimes.com/...
2020-10-04 View on X
New York Times

How Taiwan's biggest chip maker TSMC is caught in a tough spot, forced to heed the dictates of Trump's tech policy, while trying to keep many customers in China

The island's biggest chip maker has been a coveted partner to both battling giants.  But rising nationalism is making it harder to keep the middle ground. Tweets: @gavinsbaker , @n...

2020-09-22
ByteDance confirms that there is no transfer of algorithms or technology in the current deal. “Oracle has the authority to conduct security checks of TikTok U.S.'s source code.” https://mp.weixin.qq.com/... https://twitter.com/...
2020-09-22 View on X
New York Times

Trump says he would not approve a TikTok deal unless ByteDance ceded its control, after ByteDance said it would retain an 80% stake

President Trump on Monday said that he would not approve a deal for TikTok if its Chinese owner did not fully sell its interest in the product …

2020-09-21
Also says the $5 billion contribution to U.S. Treasury represents the taxes it will pay over the next few years. “But the actual amount of tax will be determined by the actual development of the business and U.S. tax structure.” https://twitter.com/...
2020-09-21 View on X
Financial Times

ByteDance asserts it will maintain majority ownership and control over TikTok Global and will not transfer source code or technology to Oracle and Walmart

Chinese company contradicts assertions of Donald Trump, Oracle and Walmart  —  ByteDance said on Monday that it would maintain majority ownership …

ByteDance confirms that there is no transfer of algorithms or technology in the current deal. “Oracle has the authority to conduct security checks of TikTok U.S.'s source code.” https://mp.weixin.qq.com/... https://twitter.com/...
2020-09-21 View on X
Financial Times

ByteDance asserts it will maintain majority ownership and control over TikTok Global and will not transfer source code or technology to Oracle and Walmart

Chinese company contradicts assertions of Donald Trump, Oracle and Walmart  —  ByteDance said on Monday that it would maintain majority ownership …

ByteDance, in a statement on its Toutiao news aggregator app, said Sunday that it had been unaware of the $5 billion contribution it would supposedly be making. “We are also hearing for the first time about the $5 billion education fund from the news.” https://www.nytimes.com/...
2020-09-21 View on X
TechCrunch

US delays TikTok ban by a week, as company says Oracle and Walmart may take 20% stake in TikTok Global's pre-IPO round, host US user data and computer systems

or crazy volatile? Or if monetization goes slower than expected? Jason Keath / @jasonkeath : Walmart (and Oracle) still somehow won out as a partial owner ok TikTok (in principle) ...

Also says the $5 billion contribution to U.S. Treasury represents the taxes it will pay over the next few years. “But the actual amount of tax will be determined by the actual development of the business and U.S. tax structure.” https://twitter.com/...
2020-09-21 View on X
Bloomberg

Trump says he has approved Oracle's bid for the US operations of TikTok “in concept”

ByteDance confirms that there is no transfer of algorithms or technology in the current deal. “Oracle has the authority to conduct security checks of TikTok U.S.'s source code.” https://mp.weixin.qq.com/... https://twitter.com/...
2020-09-21 View on X
Bloomberg

Trump says he has approved Oracle's bid for the US operations of TikTok “in concept”

ByteDance, in a statement on its Toutiao news aggregator app, said Sunday that it had been unaware of the $5 billion contribution it would supposedly be making. “We are also hearing for the first time about the $5 billion education fund from the news.” https://www.nytimes.com/...
2020-09-21 View on X
Financial Times

ByteDance asserts it will maintain majority ownership and control over TikTok Global and will not transfer source code or technology to Oracle and Walmart

Chinese company contradicts assertions of Donald Trump, Oracle and Walmart  —  ByteDance said on Monday that it would maintain majority ownership …

2020-09-20
ByteDance, in a statement on its Toutiao news aggregator app, said Sunday that it had been unaware of the $5 billion contribution it would supposedly be making. “We are also hearing for the first time about the $5 billion education fund from the news.” https://www.nytimes.com/...
2020-09-20 View on X
Bloomberg

Trump says he has approved Oracle's bid for the US operations of TikTok “in concept”

- TikTok app store ban put on hold for a week after Trump nod  — New TikTok Global to donate $5 billion to education foundation  —  Donald Trump gave his blessing to Oracle Corp....