TechTaffy

tech:

taffy

China May Selectively Remove Facebook, Twitter Ban

By TechTaffy Desk

ChinaChina may remove the ban on Facebook, Twitter, and some news sites like that of the New York Times, within a 28.8 square kilometers proposed free-trade zone in Shangai. Sites like Facebook, which the government feel may be politically sensitive, have been banned in the mainland since around 2009.

A report by George Chen of the South China Morning Post, quotes government officials who remain anonymous, saying that the move was aimed at attracting foreign investments and workers in China.

The Chinese government will also reportedly allow foreign telecom companies to compete against the state-owned incumbents China Mobile, China Unicom, and China Telecom within the free-trade zone.

[Image courtesy: Shanghai Municipal Government]

Just in

Series A

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.
Around the web

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 
Fundings

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.
Around the web

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 
IT

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.