[ Reuters ] U.S. blocking Chinese acquisitions of global tech firms a “red flag” – Chinese state-backed tabloid

Chinese state-backed tabloid the Global Times called U.S. efforts to block cross-border acquisitions of tech companies a “red flag” that impedes China’s tech sector and disrupts the growth of the global tech sector. The outlet, which is published by the People’s Daily, China’s official newspaper for the ruling Communist Party, argued a recent attempt to…

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[ The Independent ] New Covid-19 variant with multiple mutations sparking concerns

South African scientists have identified a new coronavirus variant – its number of mutations sparking concerns. First identified in the South African provinces of Mpumalanga and Gauteng, the variant, called C.1.2, is more highly mutated than others flagged by the World Health Organization (WHO). Since being identified, the variant has spread to most South African provinces and…

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[ WSJ ] China Plans to Ban U.S. IPOs for Data-Heavy Tech Firms

China plans to propose new rules that would ban companies with large amounts of sensitive consumer data from going public in the U.S., people familiar with the matter said, a move that is likely to thwart the ambitions of the country’s tech firms to list abroad. In recent weeks, officials from China’s stock regulator have told…

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[ Decrypt ] Dogecoin Foundation Returns With Elon Musk Rep, Ethereum’s Vitalik Buterin as Advisors

The core developers behind Dogecoin, the meme cryptocurrency that seeks to be a global payment method, have announced the members of the renewed Dogecoin Foundation. Its new advisory board includes Ethereum co-founder Vitalik Buterin and Elon Musk representative Jared Birchall, according to a statement shared today by the foundation. Three prominent Dogecoin community members, Gary Lachance, Jens Wiechers…

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[ BBC ] UK blood supplies to be used to make life-saving drug

Plasma from blood donations in England will be used to make a vital medicine, following a rule change to reduce reliance on imported stocks. Each year about 17,000 people need immunoglobulin treatment and, until recently, there was a ban on using plasma from UK  donors to safeguard against vCJD or “mad cow disease”. Officials say…

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[ Noahpinion] Why is China smashing its tech industry?

For those outside China’s byzantine, opaque nexus of party, government, and big business, it’s very difficult to figure out what’s going on. Just who is ordering these actions is not clear, or what the ultimate result of the crackdown will be. That makes it very hard to figure out why it’s happening. Some observers see this as an…

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