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Elon Musk"s SpaceX Seeks To Double Valuation At $92B In New Funding Round: Report
Space Exploration Technologies Corp., or SpaceX, is in talks with investors to raise fresh funding, as per Business Insider. read more.....»»
Alibaba, others fined for not reporting deals to Chinese regulators, CNBC says
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.....»»
Alibaba Fined By China Over Improper Reporting Of Intime Purchase
Alibaba Group Holding Ltd (NYSE: BABA) has been fined by the Chinese market regulator for not reporting past deals properly, Reuters reported Monday (Shanghai time). read more.....»»
U.S. moves to cut Huawei off from global chip suppliers as China eyes retaliation
The Trump administration on Friday moved to block global chip supplies to blacklisted telecoms equipment giant Huawei Technologies [HWT.UL], spurring fears of Chinese retaliation and hammering shares of U.S. producers of chipmaking equipment......»»
U.S. cracks down on global chip exports to Huawei, China retaliation eyed
The Trump administration on Friday moved to block global chip supplies to blacklisted telecoms equipment giant Huawei Technologies [HWT.UL], spurring fears of Chinese retaliation and hammering shares of U.S. producers of chipmaking equipment......»»
Intel Capital invests in Chinese chip companies amid tech tensions
Intel Capital, the venture arm of chipmaker Intel Corp , has invested in two Chinese startups in the semiconductor sector, the company announced on Wednesday, as part of its latest batch of deals......»»
Imagination, BAIC Capital to form automotive chip JV
Imagination Technologies announced recently it has struck a deal with BAIC Capital, a Beijing-based investment unit of China's state-owned automaker BAIC Group, to initiate the establishment of an automotive fabless semiconductor company......»»
Trump "not interested" in reopening U.S.-China trade deal after report of Beijing discontent
U.S. President Donald Trump said on Monday he opposed renegotiating the U.S.-China "Phase 1" trade deal after a Chinese state-run newspaper reported some government advisers in Beijing were urging fresh talks and possibly invalidating the agreement......»»
Chinese advisers call for talks on new trade deal with U.S.: Global Times
Hawkish voices have emerged in China seeking a reevaluation of its Phase 1 trade deal with the United States, with some advisers urging fresh talks, a state-controlled tabloid said, citing sources close to the Chinese government......»»
WeWork is rolling out more job cuts as the coronavirus deals the coworking giant a fresh setback. Here"s everything we know about what"s going on inside the company.
Associated Press WeWork pulled its IPO in 2019 after mulling a massive valuation cut to drum up investor interest, and cofounder Adam Neumann was ouste.....»»
Learning Technologies downgraded to Hold from Buy at Peel Hunt
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.....»»
Uber to lay off 14% of staff as ridership declines due to COVID-19
Uber Technologies Inc. announced in a Wednesday filing that it plans to lay off 3,700 full-time employees in customer-support and recruiting roles as the company deals with a steep drop off in rides volum.....»»
Chinese Buyers Flee Hong Kong Real Estate In Major Hit To World"s Priciest Property Market
Chinese Buyers Flee Hong Kong Real Estate In Major Hit To World's Priciest Property Market Mainland Chinese are no fools. They're shunning commercial real estate deals in .....»»
Wuhan-Based Company Can Now Produce The Same 128-Layer Chip Samsung Does
A leading Chinese chipmaker, Yangtze Memory Technologies, said it now has the ability to produce the same 128-layer 3D NAND flash memory chips as those to be sold by rival Samsung Electronics Co Ltd. read more.....»»
Huawei laments U.S. plans to crimp its global chip supply
A Huawei Technologies Co Ltd [HWT.UL] executive on Tuesday described as "unfortunate" plans by the U.S. government to curb the Chinese telecom equipment maker's access to global chip supplies......»»
Sharp files patent lawsuit against CHOT, TPV, Vizio
Sharp has filed a patent infringement lawsuit against Chinese LCD panel maker Xianyang CaiHong Optoelectronics Technology (CHOT), and TV vendors TPV Technology and Vizio in the US, accusing them of infringing 12 patented panel technologies......»»
Capitol Report: TikTok faces legislation that aims to ban U.S. government workers from using the video-sharing app
TikTok has been targeted this week by Republican and Democratic lawmakers, in a fresh sign of the security concerns that Washington has with the popular Chinese-owned video-sharing app......»»
Chinese surveillance giants blacklisted by Trump"s administration are set to appear at a major US security trade show
REUTERS/Thomas Peter New research shows Chinese companies offering surveillance technologies— including two firms on a US trade blacklist — will exhibit at a major US secu.....»»
Huawei makes end-run around US ban by turning to its own chips
Huawei Technologies Co., the Chinese technology giant barred from doing business with U.S. suppliers, is finding a way around the strict limits imposed by the Trump administration......»»
Peter Thiel-Backed Startup Begins Mining Bitcoin In US To Counter Chinese Dominance
Bitcoin mining startup Layer1 Technologies has started operations at its West Texas factory, it announced Wednesday. read more.....»»