This Is What Life’s Like in the World’s Strictest Covid Zero City

Seven times since last March, Ruili—on China’s Myanmar border—has felt the full force of Xi Jinping’s Covid Zero policy.

Controversial US Visa Draws Rich From China to India After Reset

(Bloomberg) — A US visa program that attracted $37 billion in foreign investments since 2008 for projects including New York’s Hudson Yards and Trump Bay Street in Jersey City is making a comeback — and the queue of wealthy applicants from China to India is growing. The revived EB-5 program is poised to fund undertakings from a golf resort in … Read more

Disney Pulls Star Wars Film ‘Rogue Squadron’ From 2023 Release Calendar

The picture is one of two the company removed from its schedule next year, according to a statement Thursday. The other was an untitled live-action movie. Disney added one film, “Next Goal Wins,” from its smaller Searchlight label. Another picture, “Haunted Mansion,” was delayed until Aug. 11 from its original March 10 release date. 

Goldman Sachs Backs Data Startup Fortanix in $90 Million Round

“Cybersecurity is a $200 billion market and while most other services will get consolidated when they move to the cloud, security and privacy will remain separate,” Kumar, the company’s chief executive officer, said on a video call from the San Francisco Bay area. The startup has over 225 employees, a third of them in Bangalore.

Amazon Sellers See ‘Scary’ Holiday Season as Consumers Pull Back

The effects are rippling from sellers to firms that support them, including small business lenders. Amazon merchants commonly borrow about $100,000 to buy inventory and pay for marketing campaigns during the holidays, paying the loans off with their proceeds. Seth Broman, chief revenue officer of Swiftline, which offers loans to online merchants, is turning down … Read more

Apple Unveils iPhone 14 With Camera Upgrades, Satellite Feature

The company debuted the models Wednesday at a presentation dubbed Far Out, an event that also spotlighted Apple’s new watch line and AirPods earbuds. The standard iPhone 14 models look similar to the iPhone 13 from last year, but with a twist: Apple has dropped the mini version and added a model with a larger, … Read more

Disney Licenses ICC Cricket TV Broadcast Rights to India’s Zee

Earlier this year, Viacom18 Media Pvt., a joint venture between Paramount Global and Mukesh Ambani’s Reliance Industries Ltd., won the streaming rights for the Indian Premier League, or IPL, cricket tournament away from previous rights holder Disney+ Hotstar. Disney grabbed the television rights.