The United States Treasury will place eight Chinese companies including DJI, the world’s largest commercial drone manufacturer, on an investment blacklist for alleged involvement in surveillance of the Uyghur Muslim minority, the Financial Times reported on Tuesday.
The Treasury will put DJI and the other firms on its “Chinese military-industrial complex companies” blacklist on Thursday, the FT report said, citing two people briefed on the move.
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EV ride-hail leasing company Hive raises US$30 million in funding roundElectric vehicle leasing startup Hive Technologies Inc said on Tuesday it closed a US$30 million funding round to expand its fleet for ride-hail drivers who can otherwise not afford the vehicles' higher upfront costs.Backed by environmental, social and governance (ESG)-focused investors, the company lease
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