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Former TuSimple co-founder urges courts to block asset transfer to China

TechCrunch LogoTechCrunch11h ago

Former TuSimple co-founder urges courts to block asset transfer to China - TechCrunch

Quick Summary:

Xiaodi Hou, the co-founder and former CEO of self-driving trucking startup TuSimple, has urged a California district court to issue a temporary restraining order to stop the company from transferring its remaining U.S.assets to China, according to a recent court filing.

TuSimple did not immediately respond to TechCrunch’s request for comment.‘Hawk Tuah’ girl launches Pookie Tools, an AI-powered dating advice app, and it’s fine?

As of September, TuSimple China had around 200 employees.


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Article Details

Author / Journalist: Rebecca Bellan

Category: Technology

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-15 @ 23:36:15 (11 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 689 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 23606782

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