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Prosus Ventures terminates its deal to acquire Indian payments company BillDesk for $4.7B in cash, saying "certain conditions precedent" were unfulfilled (Manish Singh/TechCrunch)

October 3, 2022

[ad_1] Manish Singh / TechCrunch: Prosus Ventures terminates its deal to acquire Indian payments company BillDesk for $4.7B in cash,…

An investigation details China's crackdown on executives at its $47B Big Fund for semiconductor self-sufficiency, including 12+ disappearances and detentions (Financial Times)

September 29, 2022

[ad_1] Financial Times: An investigation details China’s crackdown on executives at its $47B Big Fund for semiconductor self-sufficiency, including 12+…

Huawei reports H1 revenue dropped 5.9% YoY to ~$44.73B and net profit dropped to ~$2.2B, down from ~$4.7B in H1 2021, as smartphone and laptop sales weaken (David Kirton/Reuters)

August 12, 2022

[ad_1] David Kirton / Reuters: Huawei reports H1 revenue dropped 5.9% YoY to ~$44.73B and net profit dropped to ~$2.2B,…