Author
Chen Li
Latest by Chen Li
Business
Koch's Venture Arm Backs Industrial AI Startup Emanate After a16z and Peter Thiel
Emanate, a startup founded by Thiel Fellow Kiara Nirghin to automate industrial sales with AI, has picked up fresh backing from Koch Disruptive Technologies, following an earlier round led by a16z, Peter Thiel, and Alexis Ohanian.
2 min read
Business
Citigroup Taps Ex-Nomura Dealmaker to Lead Japan M&A Push
Hajime Higuchi, a three decade investment banking veteran, joins Citigroup's Tokyo operation as the Wall Street bank races to capture a share of Japan's booming mergers and acquisitions market.
2 min read
Markets
Hyperliquid Strategies Bucks the Crypto Treasury Death Spiral With a 251% Rally
While many digital asset treasury companies have collapsed as crypto prices stalled, Hyperliquid Strategies has built an active business model around its HYPE token holdings rather than simply hoarding and waiting.
2 min read
Innovation
Banks Race to 'Know Your Agent' as AI Systems Start Shopping and Paying on Their Own
Ant International, Visa, and Mastercard are building a shared framework to verify AI agents making purchases, as the finance industry braces for autonomous systems that could handle trillions of dollars in spending by 2030.
2 min read
Leadership
Tata Sons Board Defies Family Trust, Reappoints Chairman and Weighs IPO
A board vote to keep N. Chandrasekaran as chairman and move toward a public listing has deepened a rift with Tata Trusts, the family charity that controls the 158 year old conglomerate, leaving patriarch Noel Tata facing a fight to protect his influence over the group.
2 min read
Markets
Nasdaq Invests $100 Million in Kraken's Parent to Push Tokenized Stock Trading
The exchange operator's venture arm is backing Payward at a $21 billion valuation, deepening a partnership aimed at bringing blockchain based versions of Nasdaq listed shares to market by 2027.
2 min read
Business
China Hands Evergrande Founder Hui Ka Yan a Life Sentence
A Chinese court sentenced Hui Ka Yan, the property tycoon once ranked as Asia's richest man, to life in prison after he pleaded guilty to fraud, bribery, and other charges tied to Evergrande's collapse.
1 min read
Markets
Humanoid Robot Maker Unitree Soars in Shanghai Debut, Founder's Fortune Tops $16 Billion
Shares in the Hangzhou robot maker surged more than sixfold on their first day of trading, pushing founder Wang Xingxing's stake past sixteen billion dollars and into the top tier of Chinese tech wealth.
2 min read