How Larry Ellison is helping his son David build a media empire, including making the case to Trump for why Paramount, not Netflix, should acquire WBD
Kevin Tierney / @catholicsmark : Well yes, in order to survive CBS needed to have less bias in its newsroom. Why is this surprising? Steve Rosenbaum / @magnifymedia : https://www.n...
How Larry Ellison is helping his son David build a media empire, including making the case to Trump for why Paramount, not Netflix, should acquire WBD
When David Ellison became a teenager, his father, Larry, bought him a gift not usually bestowed on a 13th birthday: his own Katana stunt plane.
Memo to US staff: TikTok vows a legal battle if the US' divestment bill becomes law, saying the bill is “a clear violation” of its users' First Amendment rights
TikTok told employees it will fight in the courts if a US bill forcing a ban or divestiture of the Chinese-owned app …
How TikTok has influenced US culture and shaped Hollywood, privacy, fashion, shopping, news, music, trends, cooking, mental health, national security, and more
The House passes a TikTok divestiture bill with a longer sale deadline as part of a package of Ukraine/Israel aid bills, pressuring the Senate to vote on TikTok
The House once again passed a bill that could ban TikTok from the US unless its Chinese parent company ByteDance divests it …
Sources: big Chinese VCs like Sequoia Capital China and ZhenFund have quietly invested in US AI startups over the past year, undeterred by US security concerns
https://lnkd.in/gNnbJb2i
Preqin: total US dollars raised by China-focused VC and PE funds peaked at $48.6B in 2021 before dropping to $16.5B in 2022 and just $1.15B so far in 2023
The Information https://www.theinformation.com/ ... Dan Wang / @danwwang : A stark drop for VCs as endowments and pensions decide to stop investing in China: https://www.theinforma...
A look at the global network of subsea internet cables, dominated by companies from France, the US, and Japan, as China circumvents US curbs to build its own
Nearly 1.4mn kilometres of metal-encased fibre criss-crosses the world's oceans, speeding internet traffic seamlessly around the globe.
Sources: some lawmakers and tech executives like Peter Thiel are mobilizing against China's involvement in US tech, ahead of the TikTok CEO's US House testimony
Group to meet ahead of TikTok's testimony before Congress — A group of Silicon Valley executives, including investor Peter Thiel …
Sam Bankman-Fried admits involvement in two of Alameda's largest uses of funds: spending $3B to buy out Binance's FTX stake and pouring $4B into venture capital
Exchange's former CEO says he was close to key decisions at nominally separate trading firm — Speaking from his bed in Nassau …
Foxconn offers ~$1,400 payouts to newly recruited Chinese workers who opt to leave its iPhone factory, aiming to quell unrest after violent clashes with police
Apple supplier apologises for ‘technical error’ after violent clashes between workers and police
Nvidia says the US let the company continue developing its H100 enterprise AI chip in China; Nvidia's stock is down 10%+ after warning about export restrictions
Nvidia and AMD say the US has imposed restrictions on exporting chips for AI-related applications to Russia and China, including Nvidia's A100 and AMD's MI200
The U.S. has begun to impose fresh restrictions on exports of advanced chips necessary for AI-related applications to Russia and China …
As Congress debated the $280B CHIPS Act for 13 months, China's semiconductor industry surged ahead, making a 7nm chip that may be based on, or stolen from, TSMC
Sources: Sequoia China, whose portfolio includes ByteDance and online fashion startup Shein, is in early talks to raise $8B+ across four new funds
Sources: Foxconn is in talks with Saudi Arabia to jointly build a $9B factory for chips, components, and electronics in Neom; Foxconn is also talking to the UAE
Shenzhen police send Walmart a warning for not quickly fixing 19 cybersecurity loopholes, days after China slammed Walmart for removing Xinjiang-made products
Iris Deng / South China Morning Post :
Ex-Pentagon software chief Nicolas Chaillan, who recently resigned, says China is headed for global dominance due to advances in AI, ML, and cyber capabilities
Katrina Manson / Financial Times :
Irish data commissioner launches GDPR probe into TikTok's handling of children's data and the transfer of user information to China
Hannah Murphy / Financial Times : Source: Data Protection Commission .
China pushes to subject data-related activities to government oversight, as it worries tech giants could use collected data to build alternative power centers
Beijing is calling on tech giants to share their information—and asserting its authority over data held by U.S. companies in China as well