Wednesday, December 29, 2021

Chinese AI company SenseTime raises ~$700M in a Hong Kong IPO, below its $2B goal after pricing shares at the low end, after delaying its IPO earlier this month (Jacky Wong/Wall Street Journal)

Jacky Wong / Wall Street Journal:
Chinese AI company SenseTime raises ~$700M in a Hong Kong IPO, below its $2B goal after pricing shares at the low end, after delaying its IPO earlier this month  —  SenseTime has developed strong AI technology.  Next, it needs to figure out how to make money from it.



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Disney, Fox, and WBD say they have agreed to discontinue their Venu Sports streaming joint venture and will focus on existing products and distribution channels (Alex Weprin/The Hollywood Reporter)

Alex Weprin / The Hollywood Reporter : Disney, Fox, and WBD say they have agreed to discontinue their Venu Sports streaming joint venture...