US-China tensions put Kioxia’s $3.2bn IPO in doubt

US-China tensions put Kioxia’s $3.2bn IPO in doubt

The board of Kioxia Holdings is due to meet on Monday to discuss postponing Japan’s biggest initial public offering of the year, in a sign that tensions between Washington and Beijing are rippling through the global tech sector. Kioxia, the world’s second-largest...
10 big things: Sharks are circling Nikola and Quibi

10 big things: Sharks are circling Nikola and Quibi

Happy startups are all alike; every unhappy startup is unhappy in its own way.  Tolstoy didn’t write about Silicon Valley. But his most famous line is as applicable to young companies as it was to Russian families. The annals of venture capital are full of...
Private equity-owned companies win access to UK emergency funds

Private equity-owned companies win access to UK emergency funds

Private equity groups have won a key concession for UK companies they own to access taxpayer-backed loans to help survive the pandemic, after the Treasury relaxed criteria used by banks to judge eligibility for bailout borrowing. Private equity-backed groups, such as...