Consumers around the world will soon be able to know intricate life details of the salmon they eat with a new blockchain initiative from top exporter Norway.The Norwegian Seafood Association has … ( read original…
BUSINESS
Ripple Exec: Slow Response on Blockchain Could be ‘Potential Catastrophe’ for US
Ripple co-founder Chris Larsen discussed U.S. regulators’ ignorance towards regulating the blockchain and crypto space and how it is helping China … ( read original story …)
Cambricon, once Huawei’s core AI chip supplier, eyes $400M IPO
This week, the chipmaker received the final green light from the China Securities Regulatory Commission, the stock market watchdog, for its first-time sale. The company is aiming to raise 2.8 billion … ( read original…
Blockchain Bites: BitLicense at 5, Lawsky’s Fallacy and Hehmeyer’s Pivot
National Blockchain Initiatives SmartContract, the company behind the Chainlink oracle network, will help China’s state-backed Blockchain-Based Service Network (BSN) with sourcing of reliable … ( read original story …)
Chinese online property site Beike seeks $2bn in New York IPO
Beike Zhaofang, a Chinese online property brokerage backed by Tencent Holdings and SoftBank Group, has filed to go public in New York in an offering that could be worth as much as $2 billion. The…
China stocks set for weekly gains on upbeat data, Beijing’s reforms
China stocks rose on Wednesday, set to close the shortened three-session week on a firmer note, as investors cheered improving data from key economies and Beijing’s latest reforms in its capital … ( read original…
India suspends three China business deals as border tensions rise
Authorities in India are pausing plans to carry out $600 million in business deals with Chinese companies in the wake of a deadly border clash with China last week. ( read original story …)
Disney Exits Language School Business in China, Citing Coronavirus
Disney English, once envisioned as a 150-location chain, walked a fine line between language education and brand building. ( read original story …)
Blockchain as an Infrastructure: A Deep Dive Into China’s DLT Strategy
China is not playing catch-up, but rather exploring aggressively pragmatic ways to deploy a digital infrastructure for the whole economy with the blockchain tech implementation … ( read original story …)
Grainger (GWW) to Divest Distribution Business in China
GWW has entered into an agreement to divest its China-based distribution business, Grainger China LLC (Grainger China), to an undisclosed purchaser of the Grainger China management team and Sinovation … ( read original story …)
Silicon Valley’s next IPO is a Chinese software company that could raise over $500M on Friday
Chinese software company Agora Inc., whose U.S. headquarters is in Santa Clara, set price targets Monday for a Friday IPO in which it hopes to raise up to $362 million. The company has a pair…
How Chainlink and Cosmos Fit Into China’s Grand Blockchain Initiative
China’s ambitious national blockchain infrastructure project has enlisted two partners to help with two of the biggest challenges with this technology. SmartContract, the company behind the Chainlink … ( read original story …)
Chain Reaction-Global Blockchain Value and Application-Media Exchange Conference Held Online With Unifive and Others
Global Blockchain Value and Application-Media Exchange Conference was successfully held online on June 18, as Shanghai Bay Area government representatives and blockchain industry experts engaged in a … ( read original story …)
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