Nvidia is weighing plans to abandon the controversial $40 billion takeover of U.K.-based chip-designer Arm amid fierce pushback from regulators and rivals, according to Bloomberg. In the meantime, the companies are still making their case to enforcers around the world, with China’s antitrust regulator just kicking off its formal review last week. After more than a year of informal negotiations...
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Chinese Investment Giant Hillhouse Capital Seeks to Expand Outside China
Hillhouse Capital Group, the Chinese sprawling investment powerhouse that has drawn comparisons to Tiger Global Management, has a new challenge: growing outside China. The firm is best known for investments in Chinese tech giants such as Tencent, JD.com, Didi Global and TikTok owner ByteDance. But the devastation of China’s private equity and venture capital sectors, caused by...
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