text

China's Meitu buys more Bitcoin, total investment reaches $100 million

Chinese app developer Meitu said Thursday that its wholly-owned subsidiary in Hong Kong acquired an additional 175.6 units of Bitcoin for approximately $10 million, bringing its total purchase of the

text

China approves merger of two state-owned chemical giants

Logos of Sinochem Group and ChemChina Group. /CFPChina has approved the restructuring of Sinochem Group and ChemChina Group, the State-owned Assets Supervision and Admi

text

Xiaomi joins the ranks of Chinese tech giants to work on EVs

After weeks of rumors, Xiaomi officially confirmed that it is making a foray into the electric vehicle space. The Chinese smartphone and IoT giant will set up a wholly-owned subsidiary to operate a sm

text

Finch Capital acquires Wirecard Turkey

Finch Capital, the early-stage fintech VC with a presence in London and Amsterdam, is acquiring Wirecard Turkey, a subsidiary of Wirecard, the disgraced fintech out of Germany. The acquisition, for wh

text

Skies in Beijing clearer, but West's view of China smoggy

Editor's note: CGTN's First Voice provides instant commentary on breaking stories. The daily column clarifies emerging issues and better defines the news agenda, offeri

text

Visualping, which scans the web for changes (including new vaccination slots), raises $2 million

Years ago, Serge Salager, a Vancouver-based entrepreneur who’d taken a small company public on the Toronto Stock Exchange, was approached by deep-pocketed buyer who was interested in buying the

text

Hopin confirms $400M raise at $5.65B valuation

This morning Hopin, a virtual events platform and video-focused software service, announced that it has closed a $400 million Series C. The new capital values Hopin at $5.65 billion. Both numbers matc

text

Amazon’s GameOn app, a platform for sharing mobile gaming clips, launches on iOS

Mobile gaming hasn’t seen the same demand for streaming content in the past as desktop has, but Amazon sees a market there to extend Twitch’s dominance. After launching on Android back in

text

Brex applies for bank charter, taps former Silicon Valley Bank exec as CEO of Brex Bank

Brex is the latest fintech to apply for a bank charter.The fast-growing company, which sells a credit card tailored for startups with Emigrant Bank currently acting as the issuer, announced Friday tha

text

Rocket startup Astra is going public vis SPAC

Rocket launch company Astra, which just reached space this past December with a test launch from Alaska, will be going public on the NASDAQ via a merger with a special purpose acquisition company (SPA

text

China issues action plan on further opening up its market

Skyline of Shenzhen, south China's Guangdong Province. /CFP The General Office of the Communist Party of China (CPC) Central Committee along with China's State Council on Sunday published an a

text

EVgo to go public via SPAC in bid to power EV charging expansion

EVgo, the wholly owned subsidiary of LS Power that owns and operates public fast chargers for electric vehicles, has reached a deal to become a publicly traded company through a merger with special-pu

text

American hypocrisy comes home to roost in Capitol Hill riot

National Guard soldiers are seen on Capitol Hill in Washington, D.C., U.S., January 14, 2021. /Xinhua Editor's note: Danny Haiphong is a journalist based in the United States and activist with

text

American hypocrisy comes home to roost in Capitol Hill riot

National Guard soldiers are seen on Capitol Hill in Washington, D.C., U.S., January 14, 2021. /Xinhua Editor's note: Danny Haiphong is a journalist based in the United States and activist with

text

Niantic buys competitive gaming platform Mayhem

Pokèmon Go creator Niantic has acquired a small SF gaming startup building a league and tournament organization platform to help gamers create their own communities around popular titles.Mayhem was in

text

Blue Origin’s space industry all-star team submits proposal for landing system to carry humans back to the Moon

The Blue Origin -led “National Team” has submitted a proposal to NASA for its Human Landing System (HLS), which would be used to transport the next lunar astronauts to the surface of the M

text

Grab-Singtel and Ant Group win digital bank licenses in Singapore

Singapore on Friday granted four firms including Ant Group and Grab the licenses to run digital banks in the Southeast Asian country, in a move that would allow tech giants to expand their financial