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What Can U.S. Learn From China’s ‘Big Fund’ Fiasco?

By Junko Yoshida

What’s at stake?
Big funding, no matter in what country, attracts lobbyists galore, while politicians and corporate executives jockey for pieces of the action. China’s experience in this feeding frenzy ended in the collapse of Tsinghua Unigroup and the tarnished reputation of its “Big Fund.” There are lessons here as the United States considers how to oversee, divvy up and execute the CHIPS Act. 

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children crossing the street

Road Test Using ‘Live’ Kids Exposes AV Absurdity

By Junko Yoshida

Last weekend, a handful of Muskovite vigilantes used their children as guinea pigs to prove that Tesla’s Full Self-Driving (FSD) functions are unlikely to mow down a small child crossing the road.

This dubious effort by amateur Tesla testers was triggered by a video clip posted on Twitter by Taylor Ogan, CEO of Snow Bull Capital, a technology hedge fund (see below). It showed a Tesla obliterating a child-size crash dummy on a test course.

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