HAYMITCH’S HUNGER GAMES

Scoop: In 2022, the crypto VC Yida Gao was riding high with a debut $200 million fund backed by some of the biggest names in finance. Then things went south. I uncovered a raft of compliance issues at Shima Capital that alienated investors and appear to violate key SEC rules:

it’s that time of year again

Fascinating reporting by my FORTUNE colleague Rachyl Jones: Chinese self-driving cars have quietly traveled 1.8 million miles on U.S. roads, collecting detailed data with cameras and lasers fortune.com/2024/07/08/chi…

Important investigation by Rachyl Jones on the intelligence threat posed by Chinese self-driving cars on American streets, and the stunning lack of regulation to mitigate it. fortune.com/2024/07/08/chi…

For my latest story, I spoke with the Select Committee on the Chinese Communist Party's Congressman Raja Krishnamoorthi (D-IL) who shed light on the lack of reciprocity in how the US treats Chinese goods and services. “We are not allowed to test our autonomous vehicles in China,” he told me.

new job hard launch

today in Semafor: shares of gun and bullet manufacturers, prison operators, crypto firms, oil producers, and trump’s media company spiked on monday. any clue what could have happened over the weekend to cause this? anything this week? 🤔

Toto, I have a feeling we’re not in Kansas anymore. Tech stocks have lost a whopping $1.2 trillion in market value since Tuesday evening, following earnings from Google and Tesla that signaled AI optimism may have expired

Amazing night at Journalists Club breaking bread with journalists from NBC, Bloomberg, Semafor, Financial Times + more! The best way to make friends in NYC media! If you want to attend an event, please reach out!

start giving your barista the nod for more cold foam