China expresses concern over its absence in India’s 5G trials

China expressed concern on Wednesday over India’s move to not grant any Chinese firm permission to participate in 5G trials in the world’s second-largest internet market as the two neighboring nations struggle to navigate business ties amid their geo-political tensions. India’s Department of Telecommunications earlier this week approved over a dozen firms’ applications to conduct […]
https://tcrn.ch/3b3IaYe

Supercell likes Metacore’s games so much it just gave it another $180M credit line

Metacore, a Finnish mobile games company, seems to have an amazing “relationship” with Supercell, another (quite successful) Finnish mobile games company. Back in September 2020, Metacore raised $17.7 million in equity from Supercell and another $11.8 million line of credit, sometimes also called a debt round. That amazing relationship appears to be ongoing. Because Metacore […]
https://tcrn.ch/3upyvCT

Beyond the fanfare and SEC warnings, SPACs are here to stay

Can SPACs still solve the funding problem for capital-intensive, deep tech startups? And will they become a permanent financing option?
https://tcrn.ch/3xSyYzF