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Term sheets, IPOs, layoffs, and the operators building the next wave across ASEAN, India, and Greater China.

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Film Social Network Letterboxd Draws Streaming Giants in $250 Million Sale Talks

Netflix, Sony Pictures, and Paramount are circling the movie-focused platform as its user base surges to 30 million, raising questions about editorial independence

By Mei-Lin Tan·Jul 14, 2026·4 min read
Startups

SK Hynix Pulls $26.5 Billion in Record U.S. Listing as Washington Eyes Korean Fab Capacity

The memory chipmaker's debut eclipsed Alibaba's 2014 record, while Commerce officials press Seoul's semiconductor giants to manufacture stat

Mei-Lin Tan ·   · 4m
Startups

Shopping Startup Faces Allegations Over Affiliate Commission Practices

Phia, co-founded by Phoebe Gates, is accused of using cookie stuffing techniques to claim unearned affiliate revenue, raising questions abou

Mei-Lin Tan ·   · 4m
Startups

Shein Moves Closer to Hong Kong Listing After Regulatory Green Light

The fast-fashion giant has cleared a critical regulatory hurdle in its latest attempt to go public, years after shelving plans in New York a

Wei Zhang ·   · 4m
Startups

OnePlus Set to Withdraw From US and Europe After Years of Market Uncertainty

The Chinese smartphone maker's impending exit would close a chapter that began with challenger-brand energy in 2014, leaving American Androi

Arjun S. Mehta ·   · 7m
Startups

SK Hynix Sheds 15% in Seoul After Record Nasdaq Listing

The memory chipmaker's sharp retreat signals investor anxiety over whether AI-driven demand has reached its ceiling

Mei-Lin Tan ·   · 5m
Startups

How AI Training Economics Are Reshaping Memory Chip Markets

SK Hynix's $26.5 billion U.S. listing underscores the strategic shift in semiconductor supply chains as high-bandwidth memory becomes infras

Wei Zhang ·   · 4m
Startups

Microsoft Confirms 3,200 Xbox Layoffs as Gaming Division Faces Strategic Reset

The company will cut 20 percent of its gaming workforce over twelve months, with half already terminated this week - a stark reversal for a

Marcus Halloran ·   · 6m
Startups

When Pitch Meetings Become Intelligence Leaks

A college social app's lawsuit alleges a VC used fundraising talks to gather confidential data for a competitor, exposing blind spots in fou

Daniel R. Whitfield ·   · 4m
Startups

Bluesky Gambles on Permanence as Schneider Sheds Interim Tag

The former Automattic founder takes full command of the decentralized social platform amid questions about whether it can sustain momentum b

Arjun S. Mehta ·   · 5m
Startups

Bluesky Drops the Interim Tag: Toni Schneider Takes Permanent Helm

Four months after Jay Graber stepped down, the decentralized social network confirms its new operating chief as user-driven communities loom

Daniel R. Whitfield ·   · 4m
Startups

Reed Jobs and the New Bet on Biotech Venture

Yosemite has scaled to seventeen people in three years, riding patent cliffs and AI-enabled drug discovery into a second wave of life-scienc

Arjun S. Mehta ·   · 6m
Startups

Mercor Eyes Doubling in Valuation as Revenue Surges Past $2 Billion

The AI training platform is reportedly negotiating a $20 billion round just eight months after its Series C, backed by explosive growth and

Arjun S. Mehta ·   · 5m
Startups

Germany's QuantumDiamonds Turns Weeks of Chip Testing Into Two Minutes

Backed by €76 million in EU-approved funding, the Munich startup uses quantum sensing to inspect multi-layered semiconductors without haltin

Daniel R. Whitfield ·   · 6m
Startups

Ollama Reaches 8.9 Million Monthly Users as Open-Weight Models Move From Labs to Production

The Docker Desktop alumni behind the three-year-old developer tool have closed a $65 million Series B as enterprises shift inference workloa

Arjun S. Mehta ·   · 5m
Startups

Infosys Co-Founder Steps Back from Daily VC Role as Fundamentum Targets $200M

Nandan Nilekani transitions to anchor investor as the Indian venture firm expands its senior team and shifts focus toward AI applications bu

Priya Nair ·   · 7m
Startups

Alibaba Stock Jumps 12% as Investors Bet on T-Head Chip Demand and AI Revenue

The e-commerce giant's strongest single-day rally this year reflects growing confidence in its semiconductor business and artificial intelli

Wei Zhang ·   · 4m
Startups

Why Mainland Tech Firms Are Choosing Hong Kong for More Than Money

Recent IPOs reveal how Chinese startups leverage the city's global networks, partnerships, and product refinement opportunities alongside it

Wei Zhang ·   · 5m
Startups

Obsidian Shifts Gears to Fallout After Microsoft Cancels Avowed Sequel

The studio behind The Outer Worlds will lead a new entry in the post-apocalyptic franchise as Xbox's restructuring cuts 3,200 jobs and kills

Daniel R. Whitfield ·   · 5m
Startups

Blue Origin Pursues Record Capital Round After New Glenn Explosion

Jeff Bezos's rocket maker seeks $10 billion from institutional backers months after a test failure grounded its flagship vehicle, signaling

Marcus Halloran ·   · 5m
Startups

Blue Origin Opens the Door to Outside Capital After Two Decades

Jeff Bezos's space venture is raising $10 billion in its first external funding round, signaling a strategic shift as it scales lunar lander

Arjun S. Mehta ·   · 6m
Startups

Momenta's Hong Kong Debut Exposes Investor Caution on Autonomous Driving Economics

The Toyota-backed self-driving startup raised $750 million but closed flat, highlighting the gap between technical promise and profitability

Wei Zhang ·   · 4m
Startups

Paris Startup Bets on Multi-Chip Inference to Break AI Hardware Lock-In

ZML launches free inference server that promises peak performance across Nvidia, AMD, Google, Apple, and Intel silicon, challenging the econ

Mei-Lin Tan ·   · 6m
Startups

Houston Startup Pivots From Hypersonic Passengers to Defense Contracts

Venus Aerospace's rotating detonation engine attracted $90 million after a successful flight test forced the company to reconsider its comme

Marcus Halloran ·   · 6m
Startups

SAIC Mobility's Second IPO Push Reveals Platform Dependency Problem

The SAIC Motor-backed mobility operator is growing order volumes, but its updated Hong Kong filing shows how much value digital platforms ex

Wei Zhang ·   · 7m