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DeepSeek Pauses Fundraising After Founder's Remarks Leaked
DeepSeek Pauses Fundraising After Founder's Remarks Leaked
Authored by Arthur Zhang via The Epoch Times,
Chinese artificial intelligence (AI) startup DeepSeek has paused a second fundraising round after founder Liang Wenfeng’s remarks at a conference circulated online, including a statement that the company could obtain some processors he described as “noncompliant.”
Liang made the remarks during a May 20 closed-door investor meeting on why DeepSeek was receiving fewer Huawei processors than China’s major internet companies. The transcript of the meeting was shared online and posted on GitHub on July 22.
“For us, we...
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Jun 3, 2026 / Tyler Durden
SDNY Prosecutors Looking At Valuation Discrepancies In Private Credit Market
SDNY Prosecutors Looking At Valuation Discrepancies In Private Credit Market
In a move that is long overdue, Jay Clayton, the US attorney for the Southern District of New York, said his office is looking at possible valuation discrepancies in the private credit marketplace.
Wall Street’s top prosecutor addressed the issue Wednesday while speaking at the Bloomberg Global Credit Forum in New York.
Clayton said the difference between the price at which assets are marked on one balance sheet versus others was at the heart of blowups at First Brands Group, Tricolor Holdings and...
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Jul 26, 2026 / Tyler Durden
US State Department Issues Travel Advisory For Belgium
US State Department Issues Travel Advisory For Belgium
Authored by Naveen Athrappully via The Epoch Times,
The U.S. Department of State has updated the travel advisory for Belgium, warning about risks to American travelers due to terrorism, crime, and unrest.
Police's forces blocked the area around the parliament at a protest gathering of teachers in front of the Federation Wallonia-Brussels parliament in Brussels, on June 4, 2026. Emile Windal/Belga Mag/Belga/AFP via Getty Images
Outfits inspired by terrorist organizations "are intent on attacking U.S. citizens abroad," including in Europe, the department said in a...
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Mar 6, 2026 / Tyler Durden
Did Trump Force China's Hand? Beijing Nears 500-Jet Boeing Deal Ahead Of Xi Summit
Did Trump Force China's Hand? Beijing Nears 500-Jet Boeing Deal Ahead Of Xi Summit
Boeing shares moved higher in late-afternoon trading in New York after Bloomberg News reported that the planemaker may be nearing one of the largest sales in its history, potentially to be unveiled during President Trump's trip to China later this month.
People familiar with the potential Boeing-China jet deal said it could be announced during President Trump's trip to Beijing from March 31 to April 2. They said the deal includes a 500-plane order for 737 Max...
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