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Some Chinese investors are using creative methods to own bitcoin and other crypto that they believe are safer than China’s crumbling stock and property markets (Reuters)

    Reuters: Some Chinese investors are using creative methods to own bitcoin and other crypto that they believe are safer than China’s crumbling stock and property markets  —  Dylan Run, a Shanghai-based finance sector executive, started moving a bit of his… Read More »Some Chinese investors are using creative methods to own bitcoin and other crypto that they believe are safer than China’s crumbling stock and property markets (Reuters)

    Indian cricket NFT startup Rario plans to close on January 29 and relaunch in March 2024, leaving users with losses; Rario raised a $120M Series A in April 2022 (Apoorva Mittal/The Economic Times)

      Apoorva Mittal / The Economic Times: Indian cricket NFT startup Rario plans to close on January 29 and relaunch in March 2024, leaving users with losses; Rario raised a $120M Series A in April 2022  —  Dream Sports-backed Rario in… Read More »Indian cricket NFT startup Rario plans to close on January 29 and relaunch in March 2024, leaving users with losses; Rario raised a $120M Series A in April 2022 (Apoorva Mittal/The Economic Times)

      Microsoft launches Mesh, its immersive 3D meeting platform in Teams, out of preview, with custom environments, games, and more; Mesh only supports Meta Quest (Tom Warren/The Verge)

        Tom Warren / The Verge: Microsoft launches Mesh, its immersive 3D meeting platform in Teams, out of preview, with custom environments, games, and more; Mesh only supports Meta Quest  —  Microsoft is launching its immersive 3D meetings inside Microsoft Teams… Read More »Microsoft launches Mesh, its immersive 3D meeting platform in Teams, out of preview, with custom environments, games, and more; Mesh only supports Meta Quest (Tom Warren/The Verge)

        How the rising prices of streaming services are driving a new era of US pirate sites, bringing ~$2B per year in ads and subscriptions with a 90% profit margin (Thomas Buckley/Bloomberg)

          Thomas Buckley / Bloomberg: How the rising prices of streaming services are driving a new era of US pirate sites, bringing ~$2B per year in ads and subscriptions with a 90% profit margin  —  Illegal subscription services that steal films… Read More »How the rising prices of streaming services are driving a new era of US pirate sites, bringing ~$2B per year in ads and subscriptions with a 90% profit margin (Thomas Buckley/Bloomberg)

          Franco-Italian chipmaker STMicro reports Q4 revenue down 3.2% YoY to $4.28B, meeting est., and expects Q1 revenue to fall 15% YoY to $3.6B, below $4.1B est. (Jillian Deutsch/Bloomberg)

            Jillian Deutsch / Bloomberg: Franco-Italian chipmaker STMicro reports Q4 revenue down 3.2% YoY to $4.28B, meeting est., and expects Q1 revenue to fall 15% YoY to $3.6B, below $4.1B est.  —  – Revenue in the first quarter is seen falling… Read More »Franco-Italian chipmaker STMicro reports Q4 revenue down 3.2% YoY to $4.28B, meeting est., and expects Q1 revenue to fall 15% YoY to $3.6B, below $4.1B est. (Jillian Deutsch/Bloomberg)

            Arati Prabhakar, director of the White House Office of Science and Technology Policy, says the US will work with China on AI safety, despite trade tensions (Madhumita Murgia/Financial Times)

              Madhumita Murgia / Financial Times: Arati Prabhakar, director of the White House Office of Science and Technology Policy, says the US will work with China on AI safety, despite trade tensions  —  Biden adviser says the two nations must work… Read More »Arati Prabhakar, director of the White House Office of Science and Technology Policy, says the US will work with China on AI safety, despite trade tensions (Madhumita Murgia/Financial Times)

              Sources: Shein’s shareholders offered to sell stock on the private market at $45B-$55B valuation in late 2023, down from Shein’s ~$66B valuation in May 2023 (Bloomberg)

                Bloomberg: Sources: Shein’s shareholders offered to sell stock on the private market at $45B-$55B valuation in late 2023, down from Shein’s ~$66B valuation in May 2023  —  – Investors trying to sell in recent months but few takers  — Sliding… Read More »Sources: Shein’s shareholders offered to sell stock on the private market at $45B-$55B valuation in late 2023, down from Shein’s ~$66B valuation in May 2023 (Bloomberg)

                As Palworld sells 8M+ copies, The Pokémon Company says it has not granted permission to “another company” to use its IP and plans to “take appropriate measures” (Manish Singh/TechCrunch)

                  Manish Singh / TechCrunch: As Palworld sells 8M+ copies, The Pokémon Company says it has not granted permission to “another company” to use its IP and plans to “take appropriate measures”  —  The Pokemon Company said Thursday it has not… Read More »As Palworld sells 8M+ copies, The Pokémon Company says it has not granted permission to “another company” to use its IP and plans to “take appropriate measures” (Manish Singh/TechCrunch)

                  Chinese smartphone shipments declined 5% YoY to 271.3M units in 2023; in a first, Apple gained the top spot with 17.3% marketshare, followed by Honor with 17.1% (IDC)

                    IDC: Chinese smartphone shipments declined 5% YoY to 271.3M units in 2023; in a first, Apple gained the top spot with 17.3% marketshare, followed by Honor with 17.1%  —  A shift of power that we saw on the worldwide stage… Read More »Chinese smartphone shipments declined 5% YoY to 271.3M units in 2023; in a first, Apple gained the top spot with 17.3% marketshare, followed by Honor with 17.1% (IDC)

                    An investigation details a spy tool called Patternz, which can track billions of phone profiles via ads in hundreds of thousands of apps, including 9gag and Kik (Joseph Cox/404 Media)

                      Joseph Cox / 404 Media: An investigation details a spy tool called Patternz, which can track billions of phone profiles via ads in hundreds of thousands of apps, including 9gag and Kik  —  A wide-spanning investigation by 404 Media reveals… Read More »An investigation details a spy tool called Patternz, which can track billions of phone profiles via ads in hundreds of thousands of apps, including 9gag and Kik (Joseph Cox/404 Media)

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