China’s leading podcast and audio app Ximalaya dropped its plans to list in the U.S. and will instead go public in Hong Kong, Reuters said. The company abandoned plans to list in the U.S. where it had sought to raise as much as $500 million under pressure from Chinese regulators amid a regulatory tightening over media and tech companies. Reuters said it would file paperwork for a Hong Kong...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Exclusive startups cloud
VCs Dangle AI Chips to Woo Founders
Venture capitalists have long flaunted their ties with startup founders. Lately they have been touting a different relationship: their connections with the biggest providers of artificial intelligence chips. VC partners competing to win sought-after investments in AI startups have been highlighting their relationships with Amazon, Microsoft and Google, which can give startups access to...
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Enjoy a clutter-free experience
Read without any banner ads.
Recent Popular Stories