Hey, so I saw this in an earlier bread but it didn’t get any notice. I went back and grabbed it. I think this is what got Sidney suspended:
https://gnews.org/577635
ANONS, where’s the sauce on the Trump campaign press release on Powell?? I’ve looked but can’t find any official people posting or reposting it..
And here’s the link that got Powell knocked off twatter.
https://gnews.org/577635/
Last month Qihoo was put on a US trade blacklist along with 32 Chinese companies and government organisations, in a move that upped the stakes in an escalating tech stand-off between the world’s two largest economies.
Some of Sequoia’s most high-profile bets include China’s e-commerce giants Alibaba Group Holding and JD.com, short video giants ByteDance and Kuaishou, one-stop online services provider Meituan Dianping, Shenzhen-based drone maker DJI and ride-hailing platform Didi Chuxing.
Chinese tech firms denounce latest additions to US trade blacklist
25 May 2020
Sequoia Capital China did not respond to a request for comment. SoftBank declined to comment on the resignation of its managing partner from Qihoo’s board.
Last month Qihoo was put on a US trade blacklist along with 32 Chinese companies and government organisations, in a move that upped the stakes in an escalating tech stand-off between the world’s two largest economies.
The US Commerce Department said in May that it was putting 24 more Chinese governmental and commercial organisations on its so-called “Entity List”, which prevents them from buying US-made technology, on national security grounds – including Qihoo, cloud robot and services start-up Cloudminds and lidar company Skyeye Laser Technology.
China’s Ministry of Public Security Institute of Forensic Science and eight other Chinese companies were also added to the list over Beijing’s alleged treatment and surveillance of Uygur Muslims and other predominantly Muslim ethnic minorities, including state-backed artificial intelligence (AI) unicorn CloudWalk and AI start-up Intellifusion.
Qihoo 360 roundly condemned the US decision, saying it “firmly opposed this irresponsible [US] accusation” and opposed the US Department of Commerce’s “politicisation of business activities and technological research and development”.
The Beijing-based company said on Sunday it did not expect the resignations to affect normal operation of the board, which is currently functioning above the minimum requirement for members and has accounting professionals serving as independent directors. It also thanked Shen and Chen for their “major contributions” to the company.
San Francisco-based Chen was previously a senior vice-president with JP Morgan and a managing director with Silver Lake Partners before joining SoftBank in 2018 to expand investments in the Chinese market.