Jeffrey Katzenberg is set to determine Quibi’s fate. This afternoon he’s set to host a call with Quibi’s range of investors to lay out its path foward, according to three people familiar with the matter. Shortly thereafter he’s set to address Quibi’s employees, according to two people familiar with the matter. One very likely possibility is that he will shut the company down, according to people...
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Opinion Asia Policy
China’s Tech Crackdown Is a Geopolitical Play
It hardly bears repeating that 2021 was a rough year for China’s platform companies. The firehose of new regulations and rolling crackdowns on everything from data security to overseas listings cost Chinese shares—including those of Didi, Meituan, Pinduoduo, JD.com, Tencent, and ByteDance—42% of their cumulative value in the U.S. and Hong Kong. Not so long ago, China held up...
China Plans to Require Big Internet Firms to Gain Approvals for Deals
Beijing Olympics Covid-Tracker App Has Security Flaws
NFT Gaming Company Animoca Brands Raised $360 Million at $5 Billion Valuation
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