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China’s tech giants promise speculation-free NFTs

The future of non-fungible tokens is getting more clarity in China as the country’s tech giants come together to formulate standards for the nascent industry. The China Cultural Industry Association, […]




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Down bad

Welcome back to Chain Reaction. Last week, we talked about layoffs and the Winklevoss rock gods. This week, we’re looking at a new layer of crypto doom and gloom. Get […]




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Meta Pharmaceuticals lands $15M to make autoimmune drugs with AI, new immuno-metabolism tech

Biotech startup Meta Pharmaceuticals sets itself an ambitious goal as it secures its initial investment. The Shenzhen-based company, which sets out to develop treatments for autoimmune diseases with the help […]




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China’s EV darling Nio turns to Hong Kong and Singapore amid US delisting risk

Nio, an electric vehicle upstart from China, is planning to list its shares in Singapore, which will make the city-state the third base where it trades as geopolitical tensions between […]




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Daily Crunch: To complicate Musk’s attempt to swallow Twitter, board approves ‘poison pill’ strategy

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PT, subscribe here. Welcome to the Daily Crunch for Friday, […]




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AR glasses maker Nreal nabs $200M funding in 12 months

China’s augmented reality startup Nreal is on a roll. The company, which hopes to bring AR to the masses by making bright-color, lightweight smart glasses, has just received $60 million in […]







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PUBG Mobile maker Krafton sues Apple, Google and rival game developer Garena over clones

Krafton, the developer behind PlayUnknown’s Battlegrounds,” and the maker of PUBG MOBILE, last year’s No. 6 top-grossing mobile game on a global basis, is suing the app stores and a […]




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India’s Cars24, a used-vehicle sales platform, raises $400M, now at a $3.3B valuation, to double down on growth

With supply chains in the automotive industry continuing to be disrupted due to Covid-19, demand has surged in the used-car market. Today, one of the startups that’s seeing a lot […]




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Alibaba’s Southeast Asia arm Lazada hits 130M annual consumers

Alibaba has always aspired to bring its e-commerce service to customers outside China. Its strategy is multi-thronged. The giant’s house-developed AliExpress has found success in Russia in recent years. In […]