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Shai Oster

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Articles

Beijing to Investigate Energy Consumption of Crypto Mining

About 75% of the world’s bitcoin is still mined in China despite government crackdowns on the energy-guzzling industry.

Jack Ma’s Ant Group Could See Its Value Tumble to $29 Billion

The Bloomberg estimates represents a big drop from Ant Group's last round of private financing when it was valued at $150 billion.

China’s Antitrust Regulator Launches Investigation of Food Delivery Giant Meituan

The announcement of the investigation comes after regulators levied a record $2.8 billion fee on Alibaba.

ByteDance Says Has No Plans ‘Yet’ for Listing

The denial comes amid growing expectations that the online video juggernaut would list after it recently hired a chief financial officer.

Ant Group to Offer Employees Zero Interest Loans

The offer to borrow money off of employees' stock options comes as morale plummets after last year’s failed IPO.
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Forum Posts
US-China decoupling
Posted byShai Oster
The Information
this deep dive into signs of US-China decoupling is fascinating. I'd argue that there is really no other example of two tech ecosystems as symbiotic and the US and China -- the flow of capital to China and talent (and stock market returns) to the US has benefited both sides. I was skeptical that the forces for decoupling could work but I am shifting my view.
#china#decoupling
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Optimism
Posted byShai Oster
The Information
Some investors in ByteDance see signs of hope in recent reports that China might be letting up on its tech crackdown. Are they over optimistic?
#bytedance
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