Sources: the US and China have approved the sale of TikTok's US business to a group of mostly US investors led by Oracle and Silverlake, set to close this week
The US and China have signed off on a deal to sell TikTok's US business to a consortium of mostly US investors led by Oracle and Silverlake …
Meta says Manus, initially based in Beijing and Wuhan, will cut Chinese investor ties after the deal and “will discontinue its services and operations in China”
PALO ALTO, California/HONG KONG — Meta says it will acquire AI startup Manus and that the Singapore-based company …
China's SMIC plans to acquire the remaining 49% stake in its SMNC unit for ~$5.8B, making the unit wholly owned; SMNC focuses on 12" integrated circuit wafers
China's top foundry SMIC (0981.HK) said on Monday that it plans to acquire the remaining 49% stake in unit SMNC for 40.6 billion yuan …
Nexperia's former CEO Frans Scheper says Wingtech, which bought the Dutch chipmaker in 2019, quickly plotted to send Nexperia's research and IP to China
New York Times :
Sources: Tata Electronics bought the Indian unit of Justech Precision, a China-based Apple supplier that provides CNC machines to Foxconn, for ~$100M in August
Anniek Bao / CNBC :
Sources: under the US-China framework, a US investor consortium that includes Oracle, Silver Lake, and a16z would hold an ~80% stake in TikTok's US business
Oracle, Silver Lake and Andreessen Horowitz are part of consortium that would control 80% stake — TikTok's U.S. business …
Sources: Oracle is among a consortium of companies that would enable TikTok to continue its US operations if the US and China finalize their framework deal
Technology company Oracle is among a consortium of firms that would enable TikTok to continue operations in the U.S. if a framework deal between …
Bain Capital agrees to sell its data centers in China to a consortium led by Shanghai-listed Shenzhen Dongyangguang in a ~$4B deal
Bloomberg :
PUBG developer Krafton is eyeing major expansion in India, seeking acquisitions as growth slows in China and the US, and plans to invest at least $50M annually
Song Jung-a / Financial Times :
As Trump targets Intel CEO Lip-Bu Tan, a look at his VC firm Walden International, which has invested $5B+ in 600+ companies, with 100+ in China, including SMIC
Ian King / Bloomberg :