Sources: Shein voluntarily sought the US Treasury's CFIUS national security review of its $80M deal to acquire US clothing retailer Everlane, an unusual move
US authorities are conducting a national security review of Shein Global Holdings Ltd.'s purchase of American clothing retailer Everlane …
Tencent-owned Finnish game company Supercell says it is cooperating with a CFIUS security probe of Tencent's data practices
Supercell Oy, the Finnish game company owned by Tencent Holdings Ltd., said it's cooperating with a US government security probe of its Chinese parent's data practices.
Sources, public records, and documents detail TuSimple's downfall, after it transferred autonomous driving IP to Chinese partners despite a 2022 CFIUS agreement
American officials thought they'd secured a deal with TuSimple to protect autonomous-driving technology. It didn't work. X: @business . LinkedIn: David Atkinson and Shawn Donnan . Bluesky: @metacurit...
Documents: self-driving truck startup TuSimple transferred critical autonomous driving tech and data to Chinese partners despite a 2022 agreement with CFIUS
TuSimple shared with Beijing a best-in-class autonomous driving system—and became a prime example of Washington's shortcomings in keeping critical technology in the U.S.
Cerebras says it has resolved “all open issues” with the CFIUS, as it prepares for an IPO; the AI startup filed a notice about its ties to Abu Dhabi's G42
G42 also planned to buy more than 22 million shares in Cerebras. The Sunnyvale, California-based company had said the arrangement …
Sources: Chinese hackers breached CFIUS, the US government office that reviews foreign investments for national security risks
Chinese hackers breached the US government office that reviews foreign investments for national security risks, three US officials familiar with the matter told CNN.
Sources: in the past year, CFIUS forced Aramco Ventures' Prosperity7 fund to sell its stake in AI chip startup Rain AI; Prosperity7 led Rain's 2022 $25M round
Jane Lanhee Lee / Bloomberg :
Autonomous trucking company TuSimple aims to sell its US business; CEO Cheng Lu says the plan is not the result of pressure due to CFIUS' review of the company
Alan Ohnsman / Forbes :
Sources: TikTok's leadership is considering divesting itself from ByteDance as a last resort if CFIUS rejects the existing proposal, possibly leading to an IPO
TikTok's leadership is discussing the possibility of separating from ByteDance Ltd., its Chinese parent company, to help address concerns about national security risks.