Latest in Chinese Internet Firm
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Inside RedNote, the Chinese app that spurned TikTokers are flocking to
With the surge in international interest, RedNote is now offering many Americans a glimpse at online culture in China.NBC News - Jan. 17 -
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Train firms urged to give 'yellow cards' instead of fines
A rail watchdog wants passengers who make genuine mistakes to be treated more fairly.BBC News - Jan. 16 -
Lobbying World: Former lawmakers find new homes in lobbying firms
Two more recently retired lawmakers have found their way to K Street since the end of the 118th Congress. Former Sen. Debbie Stabenow (D-Mich.) has joined Liberty Partners Group as a senior policy ...The Hill - Jan. 16 -
Influential activist short-seller firm Hindenburg Research says it is shutting down
Founder Nathan Anderson says he and his team are ready to move on to the next chapter in their lives after just eight years.MarketWatch - Jan. 16 -
Chinese Celebrities and Tourists Think Twice About Thailand
The brief abduction of a Chinese actor who was trafficked into Myanmar to work in a scam camp has rattled travelers from a country that Thailand relies on for tourism.The New York Times - Jan. 16 -
Why This ‘Shark Tank’ Brand Disappeared From the Internet
Underwear subscription service BootayBag shuttered last month. Here’s what we know.Inc. - Jan. 15 -
Romantic scam turned internet mockery for woman conned out of $855K by AI Brad Pitt
A French woman who thought she was in a romantic relationship with Brad Pitt handed over $855,000 to scammers who used an AI version of the actor to dupe her.NBC News - Jan. 15 -
Private equity firm Providence weighs £1bn sale in latest events transaction
Company in early-stage deliberations over sale of CloserStill amid surging demand for conferencesFinancial Times - Jan. 15 -
Here's where insurance firms see the most risk for disasters
In the months preceding the outbreak of the infernos now raging through Los Angeles County, home insurance carriers began withdrawing new coverage in response to the rising threat from wildfires, ...NBC News - Jan. 14 -
KPMG readies challenge to US law firms
Big Four accounting firm wins panel endorsement for Arizona license to offer legal services to corporate AmericaFinancial Times - Jan. 14 -
Imec spins out Vertical Compute memory chip firm in $20.5M deal
Europe's Imec.xpand is spinning out memory chip firm Vertical Compute in a seed investment round worth $20.5 million.VentureBeat - Jan. 14 -
TikTok Users Flee to a Chinese App: 'RedNote'
Chinese users of Xiaohongshu, or Little Red Book, welcome Americans fleeing a feared TikTok ban.The Wall Street Journal - Jan. 13 -
Kalshi names Donald Trump Jr. as strategic advisor to prediction market firm
The president-elect's eldest son's growing business footprint now includes the prediction market platform that rose to prominence during the 2024 election.CNBC - Jan. 13 -
Elon Musk donates Cybertrucks to provide LA community with power, Internet amidst wildfire devastation
A Los Angeles County community near the Eaton Fire is getting help as wildfires have ravaged through residents' homes throughout the past week. Altadena, a census-designated place just north of ...The Hill - Jan. 13 -
GSK to buy US cancer drug firm IDRx for up to $1.15bn
Massachusetts-based company is working on new treatments for gastrointestinal cancers. Business live – latest updates GSK has struck a deal worth up to $1.15bn (£950m) to acquire a ...The Guardian - Jan. 13 -
Taiwan reports 'significant rise' in suspected Chinese espionage
Taiwanese charged with suspicion of spying on behalf of China rose by a third to 64 people last year, the island’s National Security Bureau said.NBC News - Jan. 13 -
The internet wants me to spend £500 on a jumper. How can I say no?
I already have too much stuff – and every time I go online I’m being pushed to buy more. Time to channel my inner deinfluencer. I am uneasily aware that around this time last year I wrote that my ...The Guardian - Jan. 12 -
Transfer rumors, news: Man City make firm move for Marmoush
Manchester City are on the verge of signing striker Omar Marmoush from Eintracht Frankfurt. Transfer Talk has the latest news, gossip and rumors.ESPN - Jan. 11 -
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Falling Chinese bond yields signal concern with deflation
Investors expect price pressures to become entrenched in world’s second-largest economyFinancial Times - Jan. 10 -
Starmer aide to receive dividends from corporate advisory firm Hakluyt
Varun Chandra still holds majority of his previous stake in the group despite joining Downing Street in JulyFinancial Times - Jan. 9 -
The Internet’s Future Is Looking Bleaker By the Day
While Meta enacts the X playbook, TikTok is on the verge of being declared illegal. Who wins? Probably not internet users.Wired - Jan. 9 -
AI-generated ‘slop’ is slowly killing the internet, so why is nobody trying to stop it? | Arwa Mahdawi
Low-quality ‘slop’ generated by AI is crowding out genuine humans across the internet, but instead of regulating it, platforms such as Facebook are positively encouraging it. Where does this end?. ...The Guardian - Jan. 8 -
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AT&T to Credit Customers After Internet Outages
The announcement follows a year of high-profile internet blackouts that hit several companies.The New York Times - Jan. 8 -
Bottom Line: Palantir taps Trump-tied firm as it chases government contracts
Defense Palantir Technologies has hired Miller Strategies to lobby on issues related to defense policy and appropriations. The U.S. government has awarded Palantir nearly $2.5 billion in contracts ...The Hill - Jan. 8 -
Chinese airlines rush into Europe as western carriers retreat
Ability to keep flying over Russia helps three big state-owned carriers undercut European rivalsFinancial Times - Jan. 8 -
Taiwan Suspects a Chinese-Linked Ship of Damaging an Internet Cable
The Taiwanese Coast Guard said seven Chinese nationals were aboard a ship suspected of causing the damage.The New York Times - Jan. 8 -
Shein lawyer refuses to tell MPs if fashion firm uses Chinese cotton
Yinan Zhu declined to say whether it retailer's suppliers used Chinese cotton amid concerns over forced labour.BBC News - Jan. 7 -
Jeans brand True Religion acquired by PE firm, American Eagle-linked investment firm
True Religion, the Y2K-era jeans brand in the midst of a comeback, has been acquired by private equity firm ACON Investments and its partner SB360 Capital.CNBC - Jan. 7 -
Pentagon Labels More Chinese Companies as Military in Nature
Tencent was added to the Defense Department’s list of “Chinese military companies,” contributing to a selloff in U.S.-listed shares of the WeChat owner.The Wall Street Journal - Jan. 7 -
U.S. Adds Tencent to Chinese Military Companies Blacklist
Tencent’s shares plunged nearly 10 percent after it was designated a military company. The Chinese battery manufacturer CATL was also added to the list.The New York Times - Jan. 7 -
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Chinese Vessel Cuts Taiwan Internet Cable in Apparent Sabotage
The incident caused only minimal disruption of service but sent a message about the vulnerability of the island and its internet.The Wall Street Journal - Jan. 6 -
Firms to raise prices due to tax and wage increases
Consumers could face higher costs in the coming months amid falling confidence among UK businesses.BBC News - Jan. 6 -
The Gen Z problem for audit firms
The profession is finding it harder to attract and retain staff — a key factor in the quality of inspectionsFinancial Times - Jan. 6 -
Amazon aims to branch into UK internet market with satellite broadband plan
Proposed space launches within next two years could ultimately deliver mobile phone signal even to most remote areas. Amazon is hoping to offer a satellite broadband service in the UK within the ...The Guardian - Jan. 5 -
US set for IPO comeback as private equity firms seek to offload holdings
Bankers hope strong 2024 gains for Wall Street equities and pro-business policies will drive listings reboundFinancial Times - Jan. 5