Google can no longer import or sell certain Google-branded speakers, laptops or phones that infringe on patents owned by speaker maker Sonos, the U.S. International Trade Commission said on Thursday , affirming an earlier ruling. Financially, the decision appears to be meaningful for Sonos, whose shares rose more than 5% in after-hours trading. But it isn’t clear whether Google will strike a...
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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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