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A look at the ByteDance investors who have billions in paper profits blocked by the US regulatory standoff over TikTok; source: Sequoia China holds a 10%+ stake (Alex Konrad/Forbes) 05-05-2023

Alex Konrad / Forbes: A look at the ByteDance investors who have billions in paper profits blocked by the US regulatory standoff over TikTok; source: Sequoia China holds a 10%+ stake  —  The world’s most valuable startup does more than any other investment to put VCs on the Forbes Midas List, including its No. 1. Lees verder op Tech Meme

Airbus, Eutelsat, SES, Thales, and other European satellite companies plan to bid for the IRIS² satellite constellation, hoping to rival SpaceX's Starlink (Eric Berger/Ars Technica) 05-05-2023

Eric Berger / Ars Technica: Airbus, Eutelsat, SES, Thales, and other European satellite companies plan to bid for the IRIS² satellite constellation, hoping to rival SpaceX’s Starlink  —  The bid includes large players such as Airbus Defence and Space, Eutelsat, and SES.  —  A consortium of nearly every major … Lees verder op Tech Meme

Sources: Ant Group's transformation into a fully regulated company has been on hold for over a year as China reshuffles its regulatory system (Wall Street Journal) 05-05-2023

Wall Street Journal: Sources: Ant Group’s transformation into a fully regulated company has been on hold for over a year as China reshuffles its regulatory system  —  Powerful new regulator will have to approve the fintech giant’s application to become a financial-holding company Lees verder op Tech Meme