
More recent developments

Temu migrates to Oracle’s cloud infrastructure
What happened: According to reports by WSJ, Chinese e-commerce platform Temu has inked a data storage agreement with Oracle and is moving most of its US data onto Oracle’s cloud infrastructure. Why it matters: The move is an attempt to… Read More »

US officials may revoke chip tech export waivers
What happened: On June 20, WSJ reported that White House officials are considering revoking “Validated End User” (VEU) status from at least three semiconductor companies: Samsung SK Hynix TSMC Quick background: Conferred by the Bureau of Industry and Security (BIS),… Read More »

Regulators to reopen IPOs for unprofitable tech firms
China is re-opening the IPO channel for unprofitable companies on the STAR Market. Wu Qing, chairman of the securities regulator (CSRC), made the announcement at Wednesday’s Lujiazui Forum. Some context: Beijing has historically discouraged unprofitable companies from IPO-ing. Only 54… Read More »