eCommerce giant Alibaba — China’s largest tech firm — was among other Chinese investors that skipped past the U.S. in 2019, The Financial Times (FT) reported on Sunday (Feb. 9). The long trade war between the U.S. and China signaled an end to Chinese investors’...
ByteDance, the company that owns popular social media app TikTok, is attempting to separate itself from its Chinese operations, as a probe of the company is ongoing, according to a report by CNBC. The Committee on Foreign Investment in the United States (CFIUS) is investigating...
The United States government is investigating China-based ByteDance Technology, the company that owns popular video app TikTok, according to Reuters. The investigation is mainly centered around the company’s acquisition of social media app Musical.ly two years ago. U.S. lawmakers have been calling for an investigation...
U.S. self-driving company Cruise revealed that a U.S. national security panel has approved a $2.25 billion investment by Japan’s SoftBank. Last year it was reported that the investment is coming from SoftBank’s $100 billion Vision Fund, making it one of the fund’s biggest investments in...
January 05, 2018
A pretty good songster named Paul McCartney sang once that “in the end, the love you take is equal to the love you make.” To shift that a bit for business – because, really, Beatles lyrics are applicable to anything – the deals you take are equal to the deals you make. And if recent […]
May 18, 2017
On Tuesday, MoneyGram’s shareholders gave an unequivocal thumbs up to the buyout by Ant Financial. With one more hurdle yet to clear, CFIUS approval, MoneyGram CEO Alex Holmes tells Karen Webster what’s next for this...
April 28, 2017
Ant Financial may snap up MoneyGram, amid a $1.2 billion price tag, hurdling concerns over national security, too. But Walmart lies in wait. Smooth sailing to a merger approval might...
March 15, 2017
Who said that money transmitters with large physical footprints weren’t sexy? In a turn of events — surprising enough that if it had happened two weeks from now we might...
August 15, 2024
Telecommunications company T-Mobile was fined $60 million by a U.S. regulator that said the company failed to prevent and report unauthorized access to sensitive data. The Committee on Foreign Investment in the United States (CFIUS) said in an announcement of the enforcement action that T-Mobile committed these violations between August 2020 and June 2021, and […]
February 10, 2020
eCommerce giant Alibaba — China’s largest tech firm — was among other Chinese investors that skipped past the U.S. in 2019, The Financial Times (FT) reported on Sunday (Feb. 9)....
November 27, 2019
ByteDance, the company that owns popular social media app TikTok, is attempting to separate itself from its Chinese operations, as a probe of the company is ongoing, according to a...
November 01, 2019
The United States government is investigating China-based ByteDance Technology, the company that owns popular video app TikTok, according to Reuters. The investigation is mainly centered around the company’s acquisition of...
