Latest in Chinese EV and self driving tech companies turn to IPOs for cash
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Chinese EV and self-driving tech companies turn to IPOs for cash
Funding has been drying up for car start-ups in fiercely competitive domestic marketWorld - Financial Times - October 24 -
Chinese smartphone company Honor gets new investors as it gears up for IPO
Chinese smartphone company Honor on Thursday announced backing from new investors as the Huawei spinoff prepares for an initial public offering.Business - CNBC - October 31 -
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Chinese autonomous-driving company Pony AI steers toward U.S. initial public offering
Software maker plans to trade on the Nasdaq under the symbol “PONY.”Business - MarketWatch - 6 days ago -
The very human problem with not-quite-self-driving cars
The better an automated system performs, the more complacent — and dangerous — we becomeWorld - Financial Times - November 12 -
EU drives through tariffs on Chinese electric vehicles
Levies totalling up to 45% needed to compensate for Beijing’s ‘injurious’ subsidies, says BrusselsBusiness - Financial Times - October 30 -
Outrider, a Self-Driving Truck Startup, Raises $62 Million
The Colorado company got backing from the VC arm of Koch Industries, as well as Nvidia, New Enterprise Associates, and Prologis’ venture unit.Business - Inc. - October 24 -
Tesla’s stock jumps on report Trump team to create rules for self-driving cars
Tesla stock rocketed on Monday on a report President-elect Donald Trump’s team will make rules for self-driving cars a priority.Business - MarketWatch - 3 days ago -
Trump victory hands hedge funds $1.2bn win from bet against renewables
Clean energy shares have tumbled on fears Republican president-elect will scrap subsidies and tax breaksWorld - Financial Times - November 8 -
EU to demand technology transfers from Chinese companies
New requirements will apply to batteries but could be expanded to other green sectorsWorld - Financial Times - 2 days ago -
Chinese satellite company to challenge Musk’s Starlink in Brazil
Billionaire Trump ally had clashed with Brasília this year over alleged misinformation on XWorld - Financial Times - 16 hours ago -
Chinese IPOs in the U.S. and Hong Kong are set to increase next year, analysts say
A few high-profile Chinese listings outside the mainland are adding to expectations for a pickup in initial public offerings next year.Business - CNBC - October 28 -
FirstFT: US companies rush to cash in on Trump market rally
Also in today’s newsletter, FTC targets Microsoft and Argentina cools on Paris climate accordWorld - Financial Times - 6 days ago -
Chinese EV maker BYD's quarterly sales overtook Tesla's for the first time
The milestone comes amid tough competition in China, the world's largest auto market, as well as higher tariffs on imports of Chinese EVs into the EU.Business - CNBC - October 31 -
Chinese EVs leave other carmakers with only bad options
If you believe the auto transition must happen at some point, delaying simply puts you further behindWorld - Financial Times - October 31 -
It's 'liquidity, stupid': VCs say tech investing is tough amid IPO lull and 'nuts' AI hype
Venture capitalists at Web Summit say the hunt for liquidity is getting harder, despite "nuts" funding rounds for AI firms like OpenAI.Business - CNBC - November 14 -
Alphabet's self-driving unit Waymo closes $5.6 billion funding round as robotaxi race heats up in the U.S.
Alphabet-owned driverless vehicle unit Waymo just closed a $5.6 billion funding round to expand its robotaxi service across the U.S.Business - CNBC - October 25 -
Tesla stock pops after report Trump wants to relax U.S. self-driving rules
Elon Musk was a central figure in the business world pushing for Trump's return to the White House in the lead-up to this month's elections.Business - CNBC - 3 days ago -
Chinese tech groups build AI teams in Silicon Valley
Alibaba, ByteDance and Meituan seek to poach top talent from US rivals despite Washington’s chip curbsBusiness - Financial Times - 3 days ago -
FirstFT: Chinese tech groups expand AI teams in Silicon Valley
Also in today’s newsletter, ‘hybrid warfare’ in the Baltic Sea and the battle to be the next US Treasury secretaryWorld - Financial Times - 2 days ago -
Why These Fast-Growing Companies Turned to Private Equity
PE firms get a bad rap. These CEOs partnered with them anyway.Business - Inc. - November 7 -
Chinese smartphone companies tout AI features ahead of Apple Intelligence launch
Chinese smartphone companies are rolling out artificial intelligence features for local users, adding pressure on Apple.Business - CNBC - October 23 -
Rubio says Chinese hacking of U.S. telecom companies is a "very serious situation"
Sen. Marco Rubio, who is on the Senate Intelligence Committee, said Sunday that as "time goes on, we're going to learn more" about Chinese hacking of U.S. telecom companies.Top stories - CBS News - November 3 -
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Big Tech stocks rally, as tech now drives S&P 500 more than on Election Day 2016
Big Tech stocks rallied Tuesday as Americans cast their vote for the next U.S. president, fueling the S&P 500’s sharp gain.Business - MarketWatch - November 5 -
Judge scolds Giuliani for not turning over assets, including car he's driving
Giuliani got a tongue lashing Thursday in federal court after missing a deadline to turn over valuables to two election workers he defamed. He owes the women $148 million in damages.Top stories - CBS News - November 7 -
Tech consultant spars with the prosecutor over details of the death of Cash App founder Bob Lee
A tech consultant charged with murder in Cash App founder Bob Lee’s stabbing death has sparred with the lead prosecutor at trialTech - ABC News - 6 days ago -
Tech investor Xavier Niel urges Europe’s AI start-ups not to cash out
French billionaire warns that if region misses AI boom it will be ‘a very small continent abandoned for a few generations’Business - Financial Times - 4 days ago -
Security Tech Company Evolv Fires CEO Peter George
The chief executive was fired by the company board, not long after news of an internal investigation into its sales figures.Business - Inc. - November 1 -
Indonesian coast guard drives away a Chinese vessel in disputed waters for the third time in a week
Indonesian patrol ships have driven a Chinese coast guard vessel away from a survey ship in a disputed area of the South China Sea for the third time in a week, according to a statement from ...World - ABC News - October 26 -
Why Elon Musk’s Plan to Reinvent EV Batteries Was Dissed by a Chinese Battery Leader
Inside Tesla a team has been feverishly working to reinvent the power cells that make EVs work. The founder of the world’s biggest battery maker said the effort was doomed to fail.Business - Inc. - 6 days ago
