US Investigating Boeing Satellite Sale To China-Backed Startup

The SEC and the Commerce Department are investigating Boeing’s relationship with a satellite startup backed by a Chinese government-owned firm, following a WSJ article last month......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Last week Germany blocked the sale of a satellite and radar firm to a Chinese state-backed buyer, the latest in a cooling of corporate relations between the two countries. China Aerospace and… The post German.....»»

Uber has sold its loss-making online food-ordering business in India to local rival Zomato in exchange for a 9.99% stake in the startup backed by China's Ant Financial......»»

It's suspected that technology on the Global IP satellite may have ended up with the Chinese military. Boeing has canceled a deal to build a communications satellite -- which it has almost completed.....»»

Nature’s Fynd, a Chicago startup that’s created a new method for producing meatless and dairy-free foods, revealed its first official products for sale.  The food-tech company, backed by Bill Gates, revealed its Fy Breakfast Bundle, which.....»»

Airbus SoftBank-backed satellite startup OneWeb is rep.....»»

SoftBank-backed startup CloudMinds has been blocked from sharing U.S.-origin technology with its China business, documents showed, illustrating how increased U.S. government restrictions are creating new headaches for tech firms and their investors......»»

President Donald Trump said Tuesday he backed the export of U.S.-made jet engines to China, in an apparent reference to reports that the administration was considering blocking a General Electric venture from selling them......»»

Wisk Aero LLC — the joint venture between The Boeing Co. and Larry Page-backed Kitty Hawk Corp. — on Tuesday said it has a deal to run the first passenger service trial of its autonomous air taxis. The Mountain View-based startup said the tri.....»»

Uber has sold its loss-making online food-ordering business in India to local rival Zomato in exchange for a 9.99% stake in the startup backed by China's Ant Financial......»»

Uber has sold its online food-ordering business in India to local rival Zomato in exchange for a 9.99% stake in the startup backed by China's Ant Financial, limiting its exposure to a crowded market where it has struggled to grow......»»

German startup Volocopter said it plans to form a partnership with Zhejiang Geely Holding Group that will bring its air taxis to China and that it has raised 50 million euros ($55.13 million) in fresh funding from the Chinese company and others......»»

German startup Fundament has obtained regulatory approval to sell $280 million-worth of a real estate-backed ethereum token to retail investors......»»

After raising $4 billion in a record token sale, Block.one gives some back to shareholders......»»

After raising $4 billion in a record token sale, Block.one gives some back to shareholders......»»

Boeing Co.-backed startup Zunum Aero plans to deliver its first hybrid-electric plane in 2022 to JetSuite Inc., setting the stage for a new era in regional flying......»»

Zunum Zunum Aero announced that JetSuite will be the electric plane maker's launch customer. JetSuite will take up to 100 planes from Zunum with delivery expected to start in 2022. Zunum.....»»

The Tencent-backed startup, whose offerings resemble those of Groupon, Grubhub and Yelp, is set to launch its offering in Hong Kong this week at a time of turbulence for Chinese tech stocks......»»

Blue Origin, the space-transportation company run by Jeff Bezos, has won a contract to provide engines for a potential rival’s next-generation rocket, vaulting Mr. Bezos into the lucrative market for Pentagon satellite launches......»»