Apple’s AI gamble in China: Did it bet on the wrong horse?
Apple may have miscalculated by teaming with Alibaba in a limited AI partnership, rather than embracing open-source sensation DeepSeek By Vivian Toh When Apple (AAPL.US) recently unveiled its collaboration…
BRIEF: ByteDance reaches $315 billion valuation in latest share buyback
ByteDance, parent of short-video sensation TikTok, was set to conduct a share buyback this week that values it at $315 billion, a record for the company, according to Reuters. Citing…
BRIEF: TikTok’s Canada unit files for judicial review after shutdown order
TikTok's Canadian unit said Wednesday it has filed an emergency motion with Canada's Federal Court seeking judicial review of an order requiring the company to shut down its operations in…
BRIEF: TikTok to shutter year-old music streaming platform
Short video platform TikTok announced it will discontinue its TikTok Music streaming service on Nov. 28, just over a year after launching the service, Caixin reported. TikTok said that customer…
Xiaohongshu’s new funding: Return to old times or end of a chapter?
The social e-commerce company, whose name means ‘Little Red Book,’ scored a relative rarity by attracting Western big-name DST in its latest funding round Key Takeaways: Xiaohongshu was valued at…
Haoxi Health Tech returns to capital markets six months after IPO
Investors were unimpressed with the company’s latest fundraising, which, at $9.6 million, is almost as large as the $11 million it raised in its January IPO Key Takeaways Haoxi Health…
Bayzed joins IPO quest as medical rivalry heats up
The cancer treatment specialist is seeking a Hong Kong listing to fund its campaign in the M&A battle for China’s private healthcare market Key Takeaways: Over the past three years, Bayzed…
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