Financial
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Sources: an entity under China's CAC acquired a 1% stake, or "golden shares", in an Alibaba subsidiary, and plans on taking a similar stake in a Tencent unit (Financial Times)
Financial Times: Sources: an entity under China’s CAC acquired a 1% stake, or “golden shares”, in an Alibaba subsidiary, and…
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Sources: Apple promises investors to disclose details about its App Store removals, including the number of removal requests by country and their legal basis (Financial Times)
Financial Times: Sources: Apple promises investors to disclose details about its App Store removals, including the number of removal requests…
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Court documents: Sam Bankman-Fried invested $20M in Paradigm's $2.5B Paradigm One fund in late 2021, before the fund then invested in FTX and FTX US (Financial Times)
Financial Times: Court documents: Sam Bankman-Fried invested $20M in Paradigm’s $2.5B Paradigm One fund in late 2021, before the fund…
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The UK will pay £24M to settle with French IT group Atos, which challenged awarding an £850M supercomputer contract to Microsoft to forecast weather and more (Financial Times)
Financial Times: The UK will pay £24M to settle with French IT group Atos, which challenged awarding an £850M supercomputer…
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People's Bank of China official Guo Shuqing says the government's two-year clampdown on financial units at Alibaba, Tencent, Didi, and others is winding down (Nikkei Asia)
Nikkei Asia: People’s Bank of China official Guo Shuqing says the government’s two-year clampdown on financial units at Alibaba, Tencent,…
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Despite a recent pledge by Chinese officials to support tech to boost growth, VCs and foreign investors remain wary after a brutal, two-year regulatory campaign (Financial Times)
Financial Times: Despite a recent pledge by Chinese officials to support tech to boost growth, VCs and foreign investors remain…
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