Driverless truck startup TuSimple settles U.S. security probe

Backed by Weibo and Sina, the company was scrutinized for its China links

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A TuSimple self-driving truck on a road in Beijing in 2017.  © AP

HUANG RONG and HAN WEI, Caixin

Self-driving truck startup TuSimple Holdings reached a settlement with U.S. authorities to end a national security probe targeting the company's data operations and China links.

The San Diego, California-based startup was funded in large part by an affiliate of Sina Corp., the operator of China's Twitter-like social media platform Weibo Corp., and has major business operations in China. Backers of the company also include U.S. logistics giant UPS, tech leader Nvidia and CDH Investments.

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