Chinese robotaxi companies are shifting to less advanced but more commercially viable smart-driving solutions, as funding dries up and losses continue to mount
Rita Liao / TechCrunch : X: @jenniferxie12 , @siddkhastgir , @tombamonte , and @ritacyliao X: @jenniferxie12 : 1/6 First, all roads lead to Rome. Second, find a way. Finally, build a following. Who w...
Apple removes many generative AI apps from its China App Store, supposedly over 100, ahead of China's new generative AI rules taking effect on August 15
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Eco, an a16z-backed payments startup that has raised $95M, announces decentralized, non-custodial payments wallet Beam, aiming to function like a “global Venmo”
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p0x labs, which develops Manta Network, a privacy-preserving protocol running on the Polkadot blockchain, raised a $25M Series A at a $500M valuation
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Two days after approving decentralized social network Damus, Apple complies with China's ask to remove the app from the App Store in China for “illegal” content
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Hong Kong-based About Capital acquires Huobi, a top 10 crypto exchange by trading volume; Huobi says the ownership transfer won't impact trading operations
Happy Sunday & Welcome back to What The FinTech … Bloomberg : Chinese Crypto Mogul Li Sells Stake in Exchange Operator Huobi Ifeanyi Egede / crypto.news : About Capital Now Controls Majority Shares In...
Alibaba Cloud, the third-largest public cloud provider with an estimated 9.5% market share in 2021, commits $1B to boost overseas alliances over three years
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Ethermine, the largest Ethereum mining firm, plans to shut down its servers for miners after Ethereum's Merge and switch its mining pool to withdraw-only mode
1 big thing: Adobe is buying online design startup Figma for $20 billion … CoinDesk : Meet 8 Ethereum Developers Who Helped Make the Merge Possible Mike Truppa / The Block : Beyond The Merge: A look a...
Dianxiaomi, an e-commerce SaaS provider for SMBs in China, Southeast Asia, and Latin America, has raised a $110M Series D led by Vision Fund 2 and Sequoia China
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Hong Kong-based Insilico Medicine, which uses machine learning to identify potential drug targets, raised $35M from Prosperity7, bringing its Series D to $95M
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