Taiwan is fining Foxconn, the world’s largest assembler of iPhones, for investing in China’s largest chip company, Tsinghua Unigroup. Foxconn, which is based in Taiwan but operates factories in mainland China, disclosed earlier this year that it was a shareholder in state-backed Unigroup but announced last week that it was selling off its entire stake. Taiwan places strict rules on both...
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Meta’s Twitch Competitor Cuts Contracts With Gaming Creators
Since 2018, Meta Platforms has paid videogamers to stream their play on Facebook’s gaming service, its alternative to Twitch. Now, in a new era of austerity, Meta is cutting back on those payments. Facebook Gaming in the second half of last year dropped its contracts with at least 200 creators that paid them to spend time streaming on the web service, according to two people with direct...
New York Regulator Investigating Crypto Exchange Gemini
Chinese Online Retail Giant JD.com Retreats in Southeast Asia
China’s Baidu to Launch ChatGPT-like Service
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