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China’s CXMT Plans $42 Billion Shanghai IPO to Fuel AI Chip Ambitions

ChangXin Memory Technologies (CXMT), China’s leading memory chipmaker, is preparing for a Shanghai initial public offering (IPO) as early as the first quarter of 2026, targeting a valuation of up to 300 billion yuan ($42.1 billion), according to sources familiar with the matter. The listing would mark one of China’s largest tech IPOs in years […]

Japan Weighs Allowing Banking Groups to Offer Crypto Trading Services

Japan’s Financial Services Agency (FSA) is considering a major regulatory shift that would allow banking group subsidiaries to launch cryptocurrency trading services, according to a report by Nikkei on Wednesday. The move aims to expand market access and boost competition in Japan’s fast-growing digital asset industry. Currently, subsidiaries of banking groups are barred under the […]

TeamViewer Lowers 2025 Revenue Outlook Amid Weak Performance at 1E Unit

TeamViewer (TMV.DE) said on Tuesday it now expects its 2025 revenue to come in at the lower end of its previous guidance—between €778 million and €797 million ($907 million–$929.5 million)—as weakness in its recently acquired 1E business continues to weigh on growth. The 1E unit, acquired in December 2024, develops software that helps detect and […]