The Digital Source For China's Tech Innovation Since 2000

Search
Close

TuSimple CEO and co-founder fired by board over ties to Chinese startup Hydron

November 1, 2022
Source: techcrunch.com techcrunch.com
News Snapshot:
TuSimple co-founder Xiaodi Hou was fired from his CEO, president and CTO posts by the autonomous trucking company’s board, according to a securities filing Monday. Hou, who co-founded TuSimple in 2015 with Mo Chen, was also removed from his position as chairman of the board and member of the board’s government security committee. The firing came a day after The Wall Street Journal published a report citing unnamed sources that TuSimple was facing concurrent probes by the Federal Bureau of Investigation, Securities and Exchange Commission and Committee on Foreign Investment in the U.S. (CFIUS). The investigation is apparently focused on...
Go To Original Source →
Tags: agreement | ASIA | audit | Canada | CEO | CFIUS | CFO | chairman | Charles Chao | China | Chinese | commission | CTO | data | Delaware | FBI | Hong Kong | investment | national security | OEM | Sina | social media | technology | website | Weibo

Other Related News:

Russian founder of cryptocurrency exchange arrested in Miami, accused of dealing with dirty money as part of "high-tech axis of crypto crime"

January 19, 2023

Bitzlato crypto exchange founder charged with illegal transfers of $700 million

January 19, 2023

Big Tech braces for dismal profits, more job cuts

January 19, 2023

Microsoft to shed 10,000 jobs, adding to glut of tech layoffs

January 19, 2023

A Drive to Understand National Capabilities in Critical Technologies The New York Times

January 19, 2023

Texas universities ban TikTok

January 19, 2023

Law Firm Investigating Diablo Immortal For False Advertising

January 19, 2023

PREVIEW-Big Tech braces for dismal profits, more job cuts

January 19, 2023

Formula 1 Carbon Footprint Slammed After 2023 Calendar Release

January 19, 2023
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2023 ChinaTechNews.com. A Service of Asia Media Network.
Twitter