China

China is funding the future of American biotech

Silicon Valley is in the midst of a health craze, and it is being driven by “Eastern” medicine. It’s been a record year for US medical investing, but investors in Beijing and Shangha

Cryptocurrency wallet startup Cobo raises $13M Series A to enter the U.S. and Southeast Asia

Cobo, a cryptocurrency wallet startup headquartered in Beijing, has raised a $13 million Series A to enter new international markets. The round was led by DHVC and Wu Capital, a family office based in

Tesla inks deal for Gigafactory 3 in China

Tesla has secured the rights to about 210 acres of land in Lingang, Shanghai, the site of the electric automaker's planned factory and its first outside of the U.S.

Google CEO Sundar Pichai speaks publicly for the first time about its censored China search engine

Commenting publicly for the first time about Google’s censored search engine for China, CEO Sundar Pichai said onstage at the WIRED 25 summit in San Francisco that the company is taking “a longer-

Chinese electric automakers Nio exceeds Q3 delivery target for its ES8 SUV

Nio, the Chinese electric automaker aiming to compete with Tesla, reported that it delivered 3,268 of its new ES8 vehicles in the third quarter, beating its own target by 9 percent. The company planne

U.S. lawmakers warn Canada to keep Huawei out of its 5G plans

In a letter addressed to Canadian Prime Minister Justin Trudeau, Senators Mark Warner and Marco Rubio make a very public case that Canada should leave Chinese tech and telecom giant Huawei out of its

The real-life Emery and Evan from “Fresh off the Boat” launch Batu Capital for cannabis, crypto and big data startups

Restaurateur and raconteur Eddie Huang is the best known of the three “Fresh off the Boat” brothers (it was his memoir that inspired the ABC sitcom), but his younger brothers Emery and Evan remain

China’s fast-rising Bullet Messenger hit with copyright complaint

Bullet Messenger, a fast-rising Chinese messaging upstart that’s gunning to take on local behemoth, WeChat, has been pulled from the iOS App Store owing to what its owners couch as a copyright

Nubank is now worth $4 billion after Tencent’s $180 million investment

Nubank, the Brazilian financial services company, has raised $180 million from the Chinese internet giant, Tencent. Tencent has long been interested in financial services startups, and with its $90 mi

In letter to Congress, Apple sends strongest denial over ‘spy chip’ story

Apple has doubled down on its repudiation of Bloomberg’s report last week that claimed its systems had been compromised by Chinese spies. The blockbuster story cited more than a dozen sources c

The next big restaurant chain may not own any kitchens

If investors at some of the biggest technology companies are right, the next big restaurant chain could have no kitchens of its own. These venture capitalists think the same forces that have transform

Study says the US is quickly losing its entrepreneurial edge

According to a new study conducted by the Center for American Entrepreneurship and NYU’s Schack Institute of Real Estate, the US may be losing its competitive advantage as the dominant nucleus of th

Chinese investment into computer vision technology and AR surges as U.S. funding dries up

Last year, 30 leading venture investors told us about a fundamental shift from early-stage North American VR investment to later-stage Chinese computer vision/AR investment -- but they didn’t anti

Rejected journalist visa sparks press freedom fears in Hong Kong

There’s concern for the freedom of the press in Hong Kong after the government declined to renew the visa of a veteran Financial Times’ editor, dealing an alarming blow to the country&#

Volvo’s Polestar brand is assembling prototypes of its first plug-in hybrid sports car

Polestar has started assembling verification prototypes of its upcoming plug-in hybrid sports car as Volvo’s standalone electric performance brand prepares to produce customer cars next year. Verifi

VP Pence calls on Google to end work on a search engine for China

On Thursday, Vice President Mike Pence called for Google to end its development of a search engine custom built to accommodate China’s disposition for censorship. Pence gave the speech at a cons

Tencent backs fintech firm Voyager to set up battle with Alibaba in the Philippines

China’s internet battle is rapidly reproducing itself in Southeast Asia. One new hotspot is the Philippines, where Tencent just agreed to invest in Voyager, a fintech business started by telecom

China reportedly infiltrated Apple and other US companies using ‘spy’ chips on servers

Ready for information about what may be one of the largest corporate espionage programs from a nation-state? The Chinese government managed to gain access to the servers of more than 30 U.S. companie

ZTE hit with 2-year ‘monitoring’ extension after breaking probation terms

Embattled Chinese tech firm ZTE narrowly survived after the U.S. Department of Commerce hit it with a $1 billion fine and forced changes to its business earlier this year, and. Now it is back in the

SoftBank and Toyota team up to develop services powered by self-driving vehicles

SoftBank is getting into self-driving car services after the Japanese tech giant announced a joint-venture with Toyota in its native Japan. SoftBank is invested in Uber and a range of other ride-haili
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