The Yahoo Human Rights Fund was intended to support Chinese dissidents imprisoned for their online speech. Instead, a lawsuit alleges that only 4% of the fund’s money went to help former prisoners and that the onetime tech giant allowed the mismanagement to happen.
Sequoia Capital s plan to split itself into three separate regional firms represents a major shift at one the world s foremost venture capital firms. The dramatic separation may insulate Sequoia from pending regulation, but it s also a signal that ties to China are a growing liability in Silicon Valley.
Sequoia s split sends warning to US companies doing business in China stripes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stripes.com Daily Mail and Mail on Sunday newspapers.