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A profile of China's CXMT, whose $4.2B IPO goal would rank among the century's biggest chip debuts, as the state-backed company faces US and South Korean curbs (Wall Street Journal)

Wall Street Journal : A profile of China's CXMT, whose $4.2B IPO goal would rank among the century's biggest chip debuts, as the ...

25 February 2025

Baidu acquires the YY Live streaming platform from Joyy for $2.1B, completing a deal started in 2020; a previous $3.6B deal was rejected by Chinese regulators (Vlad Savov/Bloomberg)

Vlad Savov / Bloomberg:
Baidu acquires the YY Live streaming platform from Joyy for $2.1B, completing a deal started in 2020; a previous $3.6B deal was rejected by Chinese regulators  —  The operator of China's leading search engine is paying roughly $2.1 billion for YY Live, it said in a statement on Tuesday.

Posted from: this blog via Microsoft Power Automate.

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