A powerful group of US Lawmakers is attempting to pass legislation to ban Big Tech from functioning as financial institutions or issuing digital currencies; Xiaomi has taken a stake in chipmaker VeriSilicon to support access to a critical competitive edge; a think piece in CNBC highlights VC investments in China plunged in Q2’19 – which may be due to poor innovation.
15 Jul 2019
Big Tech Ban on FinServ?; Xiaomi chip redesign; China VC slowdown
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Big Tech Ban on FinServ?; Xiaomi chip redesign; China VC slowdown
- Published:
15 Jul 2019 -
Author:
Kartik Swaminathan -
Pages:
4
A powerful group of US Lawmakers is attempting to pass legislation to ban Big Tech from functioning as financial institutions or issuing digital currencies; Xiaomi has taken a stake in chipmaker VeriSilicon to support access to a critical competitive edge; a think piece in CNBC highlights VC investments in China plunged in Q2’19 – which may be due to poor innovation.