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Microsoft’s Windows and foreign database programs also sidelined as Beijing favours Chinese hardware and software
...Delaware-registered entity Son used to buy the property, SV Projects LLC, mortgaged the house to secure a ¥10bn loan — worth $92mn at the time — from Japanese bank Mizuho to another Delaware entity called SV America Inc...
...Reporting by Ryan McMorrow in Beijing, Eleanor Olcott in Hong Kong, Ivan Levingston in London, Tabby Kinder in San Francisco and James Fontanella-Khan in New York...
...“This is a horribly managed company,” said Spaulding Ryan....
Polling group attacked as ‘tool’ to discredit Beijing as foreign companies face rising state scrutiny
...Additional reporting by Ryan McMorrow in Beijing...
...She told a close associate about the surrogate pregnancy last year, the person told the Financial Times. Two other people familiar with the matter also said she had a child via a surrogate....
Shares in US electric-car maker soar 17% on autonomous driving prospects in world’s biggest auto market
Investor’s Susquehanna International Group owns estimated $40bn stake in parent company ByteDance as app faces potential ban
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Internet regulator orders delisting of two Meta-owned apps over ‘national security concerns’
...big backer of ByteDance founder Zhang Yiming and buying itself a stake in a Chinese company now worth about $40bn and which represents a significant chunk of Yass’s net worth, write the Financial Times’ Ryan...
iPhone maker chief visits Shanghai and emphasises increased investment in manufacturing supply chain
...of more than $2bn in profits for 2023 and also recorded roughly $45bn in gross merchandise value, the total value of goods sold on its website, four people close to the company told the Financial Times’ Ryan...
Delegates at annual Communist party meeting spurn iPhones for homegrown handsets
Jump in flows that began in February suggests region has overcome its traditional reluctance to invest in arms
...Tian Xuan, associate dean at Tsinghua University’s PBC School of Finance and an NPC delegate, called the bonds “a very important signal of central fiscal efforts to support our high-quality economic development...
...Zeng Yiwu, an associate professor at Hangzhou Normal University, said Alibaba’s rural market had been hit hard by the rise of other ecommerce platforms....
...Hacking Inc....
...orla.ryan@ft.com...
...for cash in December 2019, when his company’s fortunes were cracking under the weight of a failed WeWork IPO and Son was struggling to raise billions for a second Vision Fund, writes the Financial Times’ Ryan...
...The FT’s China tech correspondent Ryan McMorrow looks at chief executive Robin Li’s latest venture, in artificial intelligence, and whether this will be enough to turn the company around....
Issues with leadership and strategic mis-steps raise doubts but generative AI gives hope for comeback
Beijing clears regulatory hurdle holding up tech tie-up as trade tensions ease with Washington
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