The Trump administration is trying to tighten its export sanctions against Huawei by eliminating a loophole that has allowed U.S. chipmakers and other suppliers to keep selling their products to Huawei, the Wall Street Journal reported. While the U.S.-China trade war appears to be coming to a truce, the U.S. government’s effort to curb Huawei’s global expansion continues to fuel the tensions...
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Stripe in Talks to Raise Up to $3 Billion From Current Investors
Less than a week after telling employees that it would evaluate a public offering over the next year, payments giant Stripe is moving quickly on a deal to raise as much as $3 billion from its existing investors. The talks, which have heated up in recent days, are likely to value the company at between $55 billion and $60 billion, according to one person involved in the potential deal....
SoftBank’s Ex-COO Claure to Join Shein as Head of Latin America
Biden Administration May Fully Cut Off Huawei From U.S. Suppliers
San Francisco Officials Urge Caution on Expanding Robotaxi Approvals for Waymo, Cruise
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