A blow to US-listed Chinese firms and TikTok’s new global face – TechCrunch

[ad_1] Hello and welcome back to ’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. It’s been a tumultuous week for Chinese tech firms abroad: Huawei’s mounting pressure from the U.S., a big blow to U.S.-listed Chinese firms, and…

Audi punts on Level 3, Lyft layoffs and Nio’s $1 billion deal – TechCrunch

[ad_1] The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Hi readers. Welcome back to The Station, a weekly newsletter dedicated to the future (and present) of transportation. I’m your host Kirsten Korosec, senior transportation reporter at…

Tesla shares fall on Elon Musk ‘stock price too high’ tweet – TechCrunch

[ad_1] Tesla CEO Elon Musk tweeted Friday that the company’s stock price was “too high” in his opinion, immediately sending shares into a free-fall and in possible violation of an agreement reached with the U.S. Securities and Exchange Commission last year. Tesla shares fell nearly 12% in the half hour following his stock price tweets…