China

  • Gaming in Asia may be crypto’s killer dApp As money and talent flows into the crypto and blockchain worlds, a persistent question keeps coming up: what is going to be the “killer app” that drives adoption for these nascent technologies? The answer may well be quite simple: gaming in Asia. That’s the theory for Cryptokitties, the notable purveyor of cute cats. The company has ...
  • Emerging markets: who’s taking the biggest hits and why? Trump trade tariffs and higher borrowing costs are causing problems from Turkey to ChinaDonald Trump’s trade tariffs are causing tremors in global markets. Emerging economies from Turkey to China are finding it more expensive to export to the US. Inves… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook ...
  • Sino-U.S. investment firms are targeting over $4 billion for new funds launched this year As limited partners increasingly demand greater exposure to emerging market opportunities, venture capital firms with a focus on Asia are bulking up their funds and chasing deals in an increasingly competitive race to own stakes in the next generation of local startups with global aspirations. Over the last year, firms including DCM Ventures, GGV Capital, Matrix ...
  • China is the fastest growing smart speaker market No surprise that smart speaker sales are on the rise. That certainly comports with recent numbers from NPD. The latest report from Canalys, however, pulls the camera back a bit to give a better picture of the global market. Seems that while smart speaker sales continue to be hot here in the States, they’re positively ...
  • China to send delegation for US talks to avert trade war New round of talks to take place in Washington ahead of threatened $200bn worth of tariffs on Chinese goodsA Chinese trade delegation will visit the US this month to kick off a new round of talks, the first since negotiations broke down two months ago…. Share this:Click to email this to a friend (Opens in new ...
  • Capitalism can crack climate change. But only if it takes risks | Larry Elliott Anglo-Saxon capitalism’s drive to maximise profits in the short term won’t save the planet. Perhaps the Chinese model can?This summer’s heatwave has provided a glimpse of the future, and it is not a pretty one. On current trends, the years to come will… Share this:Click to email this to a friend (Opens in new window)Click to ...
  • Making way for new levels of American innovation Matt Weinberg Contributor Matt Weinberg is a former White House appointee with the U.S. Small Business Administration, where he served as a Senior Advisor in the Office of Investment and Innovation. More posts by this contributor New tech trade associations will have big role in future tech policy ITC protection of IP necessary for continued ...
  • Y Combinator is launching a startup program in China U.S. accelerator Y Combinator is expanding to China after it announced the hiring of former Microsoft and Baidu executive Qi Lu who will develop a standalone startup program that runs on Chinese soil. Shanghai-born Lu spent 11 years with Yahoo and eight years with Microsoft before a short spell with Baidu, where he was COO and ...
  • Chinese Tesla rival Nio files to raise $1.8 billion in US IPO Tesla may be looking to go private, but Chinese rival Nio is going the other way after it filed to raise $1.8 billion in an IPO on the New York Stock Exchange. Nio was started in 2014, initially as NextCar, by Bin Li, an entrepreneur who founded online automotive services platform Bitauto. The company is backed by Chinese ...
  • New defense bill bans the U.S. government from using Huawei and ZTE tech U.S. government agencies will be forbidden from using certain components or services from several Chinese tech firms, including Huawei and ZTE. The ban was signed into law today by President Trump as part of the Defense Authorization Act and will go into effect over the next two years. The bill covers anything that is a ...
  • China’s Didi beefs up its newly-independent car services business with an acquisition A week after spinning out its driver services business and giving it $1 billion in investment capital, Didi Chuxing has added to it through an acquisition. Xiaoju Automobile Solutions (XAS), which the Didi spinout is called, announced today it has bought Hiservice, a three-year-old company that provides after-service care for car owners using a digital platform. ...
  • WeWork China rival Ucommune raises $43.5M more at a $1.8B valuation Barely weeks after WeWork China raised $500 million, one of its main rivals is refueling its tanks too. Ucommune — the company formerly known as UrWork until a WeWork lawsuit forced a rebrand — announced its $43.5 million Series C round. Beijing-based Ucommune’s new round was led by real estate-focused investment firms Prosperity Holdings and RK ...
  • India’s budget hotel network OYO moves into wedding banquet services OYO Rooms, the India-based budget hotel network that’s backed by SoftBank’s Vision fund, has prioritized expansion into China this year but that’s not all it’s up to. Back home in India, it just moved into the event hosting space through the acquisition of a wedding banquet company. Today, OYO said it has acquired Weddingz.in, a three-year-old company that ...
  • Supergiant VC rounds aren’t just raised in China In the venture capital market, big is in. Firms are raising significant sums to finance a growing number of large startup funding rounds. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens ...
  • Slack raises, Dropbox and Snap report earnings and Magic Leap is real Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This week Matthew Lynley and Alex Wilhelm were joined by 500 Startups CEO Christine Tsai for what turned out to be a super packed episode. We kicked off with the latest from Slack: $400 million new dollars at a shiny, ...
  • Walmart co-leads $500M investment in Chinese online grocery service Dada-JD Daojia Walmart sold its China-based e-commerce business in 2016, but the U.S. retail giant is very much involved in the Chinese internet market through a partnership with e-commerce firm JD.com. Alibaba’s most serious rival, JD scooped up Walmart’s Yihaodian business and offered its own online retail platform to help enable Walmart to products in China, both on ...
  • Giant shipload of soybeans circles off China, victim of trade war with US Peak Pegasus became unlikely hit on Chinese social media as it tried to beat tariff deadlineA shipment of soybeans worth more than $20m (£15.5m) has been bobbing aimlessly in the Pacific Ocean for a month, a casualty of the escalating trade war between… Share this:Click to email this to a friend (Opens in new window)Click to ...
  • Fast-growing Chinese media startup ByteDance is raising $2.5B-$3B more Fast-growing Chinese media startup ByteDance is looking to raise as much as $3 billion to continue growth for its empire of mobile-based entertainment apps, which include news aggregator Toutiao and video platform Tiktok. The Beijing-based startup is in early-stage talks with investors to raise $2.5 billion to $3 billion, according to a source with knowledge ...
  • New unicorn Klook raises $200M to expand its travel activities platform worldwide Klook, a Hong Kong-based startup developing a travel activities platform, has pulled in $200 million in new capital to fuel a major expansion into the U.S. and Europe. A spokesperson confirmed to TechCrunch that the round values the company at more than $1 billion, although the company didn’t provide an exact figure. Klook sets out ...
  • Pound edges higher while oil rises as Iran sanctions restart – business live Sterling still struggling on fears of a no-deal Brexit but recovers some of Monday’s losses 8.27am BST Sterling is set for continued volatility in the run up to Brexit day next March, according to Thanos Vamvakidis, head of G-10 foreign exchange strate… Share this:Click to email this to a friend (Opens in new window)Click to share ...
  • India’s Uber rival Ola is headed to Europe with ride-hailing launch in the UK The UK is getting a new alternative to Uber after India-based ride-hailing company Ola announced plans to expand to the country, which will become its first market in Europe. Ola was founded in 2010 and it covers over 110 cities in India where it offers licensed taxis, private hire cars and rickshaws through a network ...
  • China’s Didi pumps $1B into its rebranded driver services business Didi Chuxing is going pedal to the metal for its automobile services business after it announced it will invest $1 billion into the division, which is also getting a rebrand. The Chinese ride-hailing firm had been tipped to spin out the business and raise $1.5 billion from investors ahead of an IPO, according to a recent Reuters ...
  • LemonBox brings US vitamins and health products to consumers in China China is rising in many ways — the economy, consumer spending and technology — but still many of its population looks overseas, and particularly to the West, for cues on lifestyle and health. That’s a theme that’s being seized by LemonBox, a China-U.S. startup that lets Chinese consumers buy U.S. health products at affordable prices. ...
  • Virus shuts down factories of major iPhone component manufacturer TSMC Apple touts the cybersecurity of its iPhone, but less can be said for the exclusive manufacturer who makes the processor for the iPhone. Semiconductor foundry TSMC, or Taiwan Semiconductor Manufacturing Company, was hit by a virus late Friday night, which forced it to shut down several factories according to Debbie Wu at Bloomberg. The virus ...
  • Washington hit China hard on tech influence this week After months of back-and-forth negotiations, Washington moved rapidly this past week to fend off the increasing transcendence of China’s tech industry, with Congress passing expanded national security controls over M&A transactions and the Trump administration heaping more pressure on China with threats of increased tariffs. We’ve been following the reforms to CFIUS — the Committee ...
  • China warns of tariffs on imported US goods worth $60bn Beijing retaliates against Trump’s threatened tariffs on $200bn of Chinese importsChina has unveiled plans to impose retaliatory tariffs on US imports worth $60bn (£46bn), firing the latest volley in the mounting trade dispute between the world’s two l… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in ...
  • China threatens retaliatory tariffs on $60 billion of U.S. goods, ranging from aircraft to condoms BEIJING — China on Friday announced retaliatory tariffs on US$60 billion worth of U.S. goods ranging from liquefied natural gas (LNG) to some aircraft and warned of further measures, signalling that it won’t back down in a protracted trade war with Washington. China’s finance ministry unveiled new sets of additional tariffs on 5,207 goods imported ...
  • Chinese tech stocks tumble from more than just trade tensions Editor’s note: This post originally appeared on TechNode, an editorial partner of TechCrunch based in China. Reports of trade tensions between China and the US in the past few months have been hard to ignore. In early July, the US imposed $34 billion on Chinese goods, prompting the Shenzhen Component Index, dominated by technology and ...
  • ‘All-weather friendship’: but is Pakistan relying too heavily on China? China already accounts for 46% of Pakistan’s trade deficit – yet few have questioned acceptance of huge loans as part of a new economic allianceChen Zhu, a 46-year-old director of a Chinese shipping company in Karachi, Pakistan, was sitting in his car … Share this:Click to email this to a friend (Opens in new window)Click to ...
  • Apple Working With Chinese Mobile Carriers to Reduce iMessage Spam Apple is working with major mobile carriers in China on exploring ways to reduce iMessage spam, according to state media (via Reuters). The company is actively exploring ways to further cut spam messages, including using advanced technology to ident… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in ...
  • Short video service Musical.ly is merging into sister app TikTok Musical.ly, the short video app that’s popular among teens and young people, is going away. Kinda. The app and all user data and accounts is being merged with Toktok, a sister app that’s owned by ByteDance, the Chinese company that acquired Musical.ly for around $1 billion last year. The switch-over happens today (Thursday) and it should ...
  • Starbucks partners with Alibaba on coffee delivery to boost China business Starbucks is palling up with Alibaba as it seeks to rediscover growth for its business in China. China has been a bright spot for some time for the U.S. coffee giant, but lately it has struggled to maintain growth — its China business dragged on its Q3 financials — and it is up against some ...
  • There’s more: Google is also said to be developing a censored news app for China Can Google’s week get any worse? Less than a day after the revelation that it is planning a censored search engine for China, so comes another: the U.S. firm is said to be developing a government-friendly news app for the country, where its search engine and other services remain blocked. That’s according to The Information which reports ...
  • The dramatic rise and fall of online P2P lending in China Editor’s note: This post originally appeared on TechNode, an editorial partner of TechCrunch based in China. When Emily Zhang was interning with a peer-to-peer (P2P) lending firm in the Summer of 2016, her main task was to carry out research on other P2P lending firms. She found the rates of return tempting and some underlying ...
  • Grab picks up $2 billion more to fuel growth in post-Uber Southeast Asia Grab, the ride-hailing service that struck a deal to take Uber out of Southeast Asia, has pulled in $2 billion in new capital as it seeks to go beyond ride-hailing to offer more on-demand services. The $2 billion figure includes a $1 billion investment from Toyota which was announced in June, and it sees a ...
  • China in Africa: win-win development, or a new colonialism? The tiny fishing village of Bagamoyo is set to become Africa’s largest port in a $10bn Chinese development. Are locals right to be optimistic? As their hand-built wooden dhow approaches the shore, Ibrahim Chamume and his fellow fishermen take in the sa… Share this:Click to email this to a friend (Opens in new window)Click to share ...
  • What is China’s Belt and Road Initiative? The project is often described as a 21st century Silk Road, made up of a ‘belt’ of overland corridors and a maritime ‘road’ of shipping lanes Continue reading… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click ...
  • Follow the New Silk Road Jon Watts traces China’s Belt and Road as it flows from the steppes of Central Asia down to the Black Sea and into Europe, creating ports, railways and entire cities from scratch and radically remaking the lives of the people in its path Continue read… Share this:Click to email this to a friend (Opens in ...
  • Beyond the crash | Adam Tooze Politics don’t matter; market forces shape our world. So ran the dominant ethos before 2008. Adam Tooze, the author of a landmark book, says it was always an illusion‘I hear people say we have to stop and debate globalisation. You might as well debate … Share this:Click to email this to a friend (Opens in new ...
  • WeWork China raises $500M to triple the number of cities it covers WeWork’s China business is getting a fresh injection of capital after it raised $500 million. The company entered China two years ago and today it covers Beijing, Shanghai and Chengdu with nearly 40 locations. It claims 20,000 members, and it is also active in Hong Kong, which technically falls under ‘Greater China.’ The new capital ...
  • The incredible rise of Pinduoduo, China’s newest force in e-commerce Editor’s note: This post originally appeared on TechNode, an editorial partner of TechCrunch based in China. From Alibaba to JD, China is not short of e-commerce powerhouses. Although the country’s e-commerce market is highly consolidated, it’s not impossible for startup teams to crack this market as long as they are solving the right problems for ...
  • India’s answer to WeWork raises $20M WeWork rivals are in the money this year. India’s biggest rival to the U.S. co-working giant, a Mumbai-headquartered startup called Awfis, announced that it has raised $20 million in new capital for expansion. The news comes just after Hong Kong-based Campfire pulled in $18 million. Awfis raised its new funds, which are a Series C ...
  • U.S. Airlines Are Editing Their Websites to Remove Taiwan’s Name at China’s Request China set a deadline for the changes to reflect its claim on the island Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens in ...
  • Indian H-1B applicants face particular scrutiny in Trump’s work visa crackdown Coming to the U.S. on a work visa is getting harder across the board, but workers from India in particular are feeling the effects of recent policy shifts from the Trump administration. A new report from the National Foundation for American Policy sheds light on how the “Buy American and Hire American” executive order from ...
  • Xiaomi goes after global markets with two new Android One phones Xiaomi gave Google’s well-intentioned but somewhat-stalled Android One project a major boost last year when it unveiled its first device under the program, Mi A1. That’s now joined by not one but two sequel devices, after the Chinese phone maker unveiled the Mi A2 and Mi A2 Lite at an event in Spain today. Xiaomi ...
  • Hong Kong co-working startup Campfire pulls in $18M ahead of global expansion WeWork may be doubling down on Asia, having initially focused its efforts on China, but that isn’t stopping local players from hatching ambitious expansion plans of their own. One of those eying new markets is Hong Kong-based Campfire, which tries to stand out from the crowd with industry-focused spaces. Today, the startup announced it has ...
  • The Guardian view on Trump’s trade wars: making a bad situation worse | Editorial Donald Trump has channelled the anger felt by globalisation’s discontents to serve an agenda in line with elite interestsDonald Trump’s decision to launch trade wars against all five of the United States’ closest commercial partners has brought depress… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in ...
  • China’s BOE Seeking to Become OLED Panel Supplier to Apple China-based BOE Technology Group is stepping up its bid to become an OLED panel supplier for Apple’s future smartphones, according to a new report from The Wall Street Journal. BOE is the world’s top producer of large liquid crystal screens and alre… Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • SoftBank’s move into new services continues with plan for a payment service in Japan SoftBank is best known in Japan as a mobile operator but the company, which is behind the near-$100 billion Vision Fund, is increasingly getting into other types of consumer services in its homeland. The Japanese firm last month launched a parking app, it is in the midst of rolling out a taxi-hailing service in conjunction ...
  • Google’s iron grip on Android: Controlling open source by any means necessary From the archives: Android is open—except for all the good parts. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens in new window)Click to ...
  • Trump threatens to hit all $505bn of Chinese imports with tariffs President indicates readiness to slap tariffs on the entirety of Chinese goods, saying it is ‘the right thing to do for our country’Donald Trump escalated economic global tensions on Friday, lashing out a range of targets that included the European Uni… Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • Trump’s tariffs threaten global prosperity, warns Angela Merkel US levies on European and Chinese goods may also break WTO rules, says German leaderThe war of words over President Donald Trump’s threat to impose wide-ranging tariffs on imports from China and the European Union intensified on Friday after the German… Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • Farfetch acquires CuriosityChina to expand its social media efforts on the mainland Farfetch — the e-commerce startup that works with some 900 high-end fashion boutiques and labels to present and sell clothes, shoes, accessories and jewelry online, and we and others have heard is gearing up for a $6 billion IPO — is making an acquisition to double down on China, one of the fastest-growing markets for luxury ...
  • The E.U. Looks to China to Shield Itself From the Fallout of Trump’s Trade War When asked by News on July 15 to name America’s greatest foe, the first name past the lips of President Trump was the European Union, given “what they do to us in trade,” followed by Russia and then China. By launching steep tariffs on a swath of Chinese and E.U. imports, Trump has given Beijing… Share ...
  • Alibaba boosts its offline reach with $2B+ investment in outdoor digital marketing firm Alibaba is investing big bucks into offline distribution. The Chinese e-commerce giant has forked out $2.23 billion in exchange for a sizeable piece of Focus Media, a Shanghai-based company that operates outdoor digital advertising screens across China, Singapore and Hong Kong, according to a U.S. filing. The deal itself is broken up into a few pieces. Alibaba itself ...
  • China’s Didi Chuxing is close to launching a taxi-booking service in Japan Days after raising $500 million via a strategic investment from travel giant Booking Holdings, Chinese ride-hailing giant Didi Chuxing has continued its international push with the launch of a local business in Japan. Its new Japan-based unit is a joint venture with SoftBank, a longtime Didi investor, which has been in the works since an announcement back ...
  • Donald Trump may kill the global recovery The economy is being buffeted by growing concerns over the US president’s trade warHow does the current global economic outlook compare to that of a year ago? In 2017, the world economy was undergoing a synchronised expansion, with growth accelerating … Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • Apple’s Chinese iCloud Data Moved to Servers Managed by State-Owned Mobile Operator Apple’s Chinese iCloud operator has agreed a deal with state-owned China Telecom to transfer local customer data to the company’s Tianyi cloud storage business, according to TechCrunch. China Telecom reportedly announced the agreement in a WeChat po… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click ...
  • Apple’s iCloud user data in China is now handled by a state-owned mobile operator If you’re an Apple customer living in China who didn’t already opt out of having your iCloud data stored locally, here’s a good reason to do so now. That information, the data belonging to China-based iCloud users which includes emails and text messages, is now being stored by a division of China Telecom, the state-owned telco. ...
  • Google launches its first WeChat mini program as its China experiments continue Google is continuing to test new strategies in China after the U.S. search giant released its first mini program for WeChat, the country’s hugely popular messaging app. WeChat is used by hundreds of millions of Chinese people daily for services that stretch beyond chat to include mobile payments, bill paying, food delivery and more. Tencent, ...
  • Travel giant Booking invests $500M in Chinese ride-hailing firm Didi Chuxing Didi Chuxing, China’s largest ride-hailing company, has pulled in some strategic capital after Booking Holdings invested $500 million into its business. The deal will see Booking Holdings — which was formerly known as Priceline — work closely with Didi to offer its on-demand car services through its Booking.com apps via an integration. Likewise, Didi customers ...
  • Trump hits back at Canada for retaliating against tariffs with WTO complaint U.S. launches formal challenges with WTO against Canada, China, the European Union, Mexico and Turkey Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens ...
  • China files complaint to WTO over Trump’s $200bn tariff plan Move comes less than a week after new call by US president escalated trade disputeChina has filed a complaint against the US at the World Trade Organisation over Donald Trump’s threats to place tariffs on an additional $200bn worth of Chinese goods.The… Share this:Click to email this to a friend (Opens in new window)Click to share ...
  • Grim scenarios of collateral damage are emerging in the U.S., China trade war Trump’s tariff offensive on China means more economic pain for Canadian consumers and businesses Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens in ...
  • Chinese economy slows as trade war casts shadow – business live All the day’s economic and financial news, including new growth figures from China and the IMF’s latest World Economic OutlookChinese growth slows to 6.7% in Q2 2018Industrial production growth slowedBeijing warns of ‘increased uncertainties’Coming up:… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to ...
  • Trump’s trade war makes political sense to his base. Rivals must beware China may have underestimated the president’s determination, and the global fallout from any US ‘victory’ will come laterWhen Donald Trump’s chief trade adviser went to Beijing in May with proposals to open up China’s vast domestic market to American g… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook ...
  • 3D printed guns are now legal… What’s next? Jon Stokes Contributor Jon Stokes is one of the founders of Ars Technica, an author, and a former Wired editor. He currently hacks ruby at Collective Idea, and runs AllOutdoor.com. More posts by this contributor How President Trump could abuse big data and the surveillance state How Intel missed the iPhone revolution On Tuesday, July ...
  • ‘Investment hesitation’: Canadian firms eye other export markets, as NAFTA uncertainty takes its toll China stands out as the country where Canadian exporters plan to make the most significant investment increases Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on ...
  • China trade surplus with US hits record $29bn high June figures risk further escalation of bitter trade dispute with WashingtonChina’s trade surplus with the US widened to a record in June, risking further escalation of a a bitter trade dispute with Washington. Related: Global investors rattled as all-… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens ...
  • Markets shrug off trade fears but pound falls on Trump Brexit comments – business live Traders await developments in US-China dispute, while Trump’s talk of no UK-US trade deal hits sterling 9.48am BST The pound continues to slip against the dollar as investors weigh up Donald Trump’s inflammatory comments about Theresa May’s Brexit prop… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens ...
  • Apple Announces New $300 Million Clean Energy Fund in China Apple today announced the launch of a $300 million investment fund in China which is designed to connect Apple’s suppliers with renewable energy sources. Apple, along with 10 initial suppliers, is investing $300 million into the China Clean … Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in ...
  • China plays for time in U.S. trade war with subtle shift in rhetoric amid weakening economy China may have aims of restarting stalled negotiations in an effort to limit the need to unleash punitive measures that could hurt its own economy Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on ...
  • A new $124 million for Brazil’s Movile proves that investors still see promise in Latin American tech Brazil’s macroeconomic picture may be gloomy, but technology investors still see hope in the nation’s burgeoning technology sector — and a recent $124 million financing for the mobile conglomerate Movile is the latest proof that that the pace of investment isn’t slowing down. Brazil was already the hottest spot for technology investment throughout Latin America ...
  • The U.S. and ZTE reach a deal that will lift export ban The United States government has made a deal with Chinese telecommunications giant ZTE that, once completed, will lift the ban preventing the company from working with American suppliers. The agreement eases tensions in the U.S.-China trade war because the seven-year denial order, which the Trump administration imposed in April after ZTE violated sanctions against North ...
  • Global investors rattled as all-out trade war moves step closer Beijing vows countermeasures if Trump administration acts on latest threat of tariffsGlobal investors have been rattled after a threat by the Trump administration to impose 10% duties on $200bn (£151bn) of imports prompted protests from Beijing and bro… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in ...