Tag: CFIUS

Anthropic founders block Saudi Arabia from buying FTX-owned stake

AI March 22, 2024

AI firm Anthropic has blocked Saudi Arabia from engaging in the sale process of 8% of its shares — currently owned by defunct crypto...

New Laws Threaten To Limit Foreign Ownership Of Land Across The Nation

Real Estate November 2, 2023

UK unconditionally approves Viasat’s Inmarsat takeover

Aerospace May 9, 2023

Ford in Republican Crosshairs for Chinese Battery Partnership

Automotive March 9, 2023

Binance Admits Lapse In Maintaining Stablecoin Reserves

BlockchainJanuary 31, 2023

Binance-peg BUSD Was Insufficiently Backed From 2020 To 2021 Binance, the leading crypto exchange by trading volume, has admitted that its Binance-peg BUSD stablecoin did...

Despite SEC Objection, Court Greenlights Billion-Dollar Asset Purchase Deal Between Binance US and Voyager

BlockchainJanuary 12, 2023

The asset purchase agreement between Binance US and bankrupt crypto lender Voyager Digital has reportedly received initial court approval despite objections from various...

CFIUS Plans to Review Any Deals Made By Bankrupt Crypto Lender Voyager

BlockchainDecember 30, 2022

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and...

TuSimple appoints CFO after firing co-founder and CEO Xiaodi Hou due to links to a Chinese startup

StartupsDecember 16, 2022

TuSimple announced today it has appointed interim financial chief Eric Tapia on a permanent basis and reconstituted its audit committee. The announcement comes weeks after the...

US Senate votes to ban TikTok on government devices

BlockchainDecember 14, 2022

The US Senate has passed a bill that bars federal employees from using TikTok, the short video-sharing app, on government-issued devices in the latest...

Self-driving truck startup TuSimple ousts CEO over ties to Chinese rival

AIOctober 31, 2022

Self-driving truck biz TuSimple fired co-founder and CEO Xiaodi Hou on Monday amid what's reported to be US federal investigations into whether he inappropriately...

“Nothing to share”: South Korean firm turns down Ukrainian request for satellite imagery

AerospaceMarch 3, 2022

South Korea’s Earth observation company SI Imaging Services (SIIS) turned down a request to share satellite imagery of Ukraine and neighboring countries to assist Ukrainian efforts to repel Russia’s invasion.

The post “Nothing to share”: South Korean firm turns down Ukrainian request for satellite imagery appeared first on SpaceNews.

AE Industrial Partners to acquire stake in Firefly from Noosphere

AerospaceFebruary 24, 2022

AE Industrial Partners is buying the part of Firefly Aerospace currently owned by Noosphere Venture Partners, which previously announced it was being forced by the federal government to sell its stake in the launch vehicle developer.

The post AE Industrial Partners to acquire stake in Firefly from Noosphere appeared first on SpaceNews.

Firefly halts launch preparations after federal government seeks divestment of foreign ownership

AerospaceDecember 30, 2021

Firefly Aerospace is pausing preparations for its next Alpha launch, originally scheduled for early 2022, after the government asked its largest shareholder to divest its stake for national security reasons.

SpaceNews

New regulations reinforce CFIUS’s expanded role with respect to foreign investments in the US

Venture CapitalJanuary 17, 2020

Article prepared by and republished courtesy of our colleagues Christine Daya, Thomas M DeButts, Danish Hamid, Sarah E. Kahn, Richard Newcomb, Ignacio E. Sanchez,...

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