Chinese scientist who allegedly created the first genetically engineered babies is being detained – TechCrunch

The Chinese scientist who shocked the world with claims of creating the first genetically engineered babies is being detained in the Chinese city of Shenzhen, according to a report in The New York Times.  He Jiankui, a Chinese research scientist at the Southern University of Science and Technology and an entrepreneur involved in two Chinese biotech…

Crawling from the wreckage – TechCrunch

Things are tough all over — but especially in the digital media business of 2018. Probably the most high-profile flameout this year was at Mic, which laid off most of its staff ahead of an acquisition by Bustle. Mic had raised nearly $60 million in funding, with major media organizations like Time Warner and Bertelsmann…

Alibaba-backed Hellobike bags new funds as it marches into ride-hailing – TechCrunch

2018 has been a rough year for China’s bike-sharing giants. Alibaba-backed Ofo pulled out of dozens of international cities as it fought with a severe cash crunch. Tencent-backed Mobike puts a brake on expansion after it was sold to neighborhood services provider Meituan Dianping. But one newcomer is pedaling against the wind. Hellobike, currently the country’s…