Category : Search result: Chinese tech investment


Meta buys AI startup Manus for over $2 billion

Meta Platforms Inc. acquires Singapore-based AI agent startup Manus in a deal valued at over US$2 billion, marking a major move in Zuckerberg's AI strategy and severing the company's Chinese investor ties.

Nvidia takes $5 billion stake in Intel

Nvidia has acquired a massive $5 billion stake in chipmaker Intel under a September agreement, reshaping the semiconductor landscape. Discover the details and implications of this landmark deal.

U.S. bans new foreign drones, hitting DJI

The United States has enacted a ban on new foreign drone models, a major regulatory move directly affecting the Chinese market leader, DJI. Explore the details and potential consequences.

French court rejects suspension of Shein platform

A Paris court has dismissed a legal bid to suspend the Chinese fast-fashion giant Shein's operations in France. The decision allows the platform to continue its business amid ongoing scrutiny.

BlackBerry reports Q3 profit of US$13.7 million

Canadian tech firm BlackBerry swung to a Q3 profit of US$13.7 million, a significant turnaround from last year's loss. Discover the details behind the company's financial rebound.

Big Tech Backs Biowaste Carbon Removal Company

A coalition supported by major tech firms is investing in a company that removes carbon via biowaste. This move highlights the growing role of private capital in climate tech. Discover the details and implications for Canada's green economy.

Crypto investors shift strategies after market crash

Following a significant market correction, cryptocurrency investors in Canada are exercising caution and diversifying into a wider array of investment vehicles, including ETFs and derivatives. Discover the new landscape.

Alberta's AI Ambitions Need People, Not Just Power

Alberta is attracting massive data centre investments, but experts warn the province must focus on talent and AI development, not just infrastructure, to capture lasting economic value. Read the analysis.

$1.6M Cryptocurrency Scam Reported by Peel Police

Peel Regional Police report victims lost $1.6 million in a sophisticated cryptocurrency investment scam. Authorities urge the public to exercise extreme caution with online investment offers.

Conexus Venture Capital Fund Reaches $30M Investment Goal

Conexus Venture Capital's second fund has been oversubscribed, hitting its $30 million target to fuel high-growth tech startups in Saskatchewan. Discover how this capital injection will accelerate the province's innovation ecosystem.

Shopify CEO criticizes foreign tech subsidies

Shopify CEO Tobias Lütke calls out Liberal government's $72M subsidy to Nokia as 'toxic' to Canadian tech economy. Analysis shows Canada ranks 17th in global innovation.

Shopify CEO Criticizes Foreign Tech Subsidies

Shopify CEO Tobias Lutke calls federal subsidies for foreign tech firms 'toxic.' Analysis reveals Canada ranks 17th in global innovation, contradicting government claims.

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