Sources: US-based self-driving trucking company TuSimple faces US federal probes into whether it improperly financed and transferred tech to a Chinese startup (Wall Street Journal)

Wall Street Journal:
TuSimple’s board fires CEO Xiaodi Hou after reports the US is probing whether it improperly financed and transferred tech to a Chinese startup; stock drops 44%+  —  Self-driving trucking company’s leadership faces federal investigations into whether it improperly financed and transferred technology to a Chinese startup

Heather Somerville / Wall Street Journal:
Filings: TuSimple co-founder Mo Chen consolidates power, acquiring 59% of the voting stock, as the US investigates the self-driving trucking company  —  Federal authorities continue to investigate entity’s relationship with a Chinese startup tied to co-founder Mo Chen

Rebecca Bellan / TechCrunch:
TuSimple confirms plans to lay off 25% of its workforce, or an estimated 350 workers, following a rough year for the self-driving trucking company  —  Update: CEO Cheng Lu said laid off workers will remain on the payroll for two months and will receive severance.  —  Well, we knew it was coming.

Reuters:
The Mexican attorney general’s office says it is investigating a ~$23M purchase of Pegasus by the prior administration and whether the NSO sold it legally  —  The Mexican attorney general’s office said on Sunday it is investigating the purchase of Pegasus computer spyware by the previous administration …

Tom Giles / Bloomberg:
Filing: Twitter says Elon Musk is under a federal investigation related to his acquisition of the company and asks for access to docs he gave to authorities  —  Billionaire Elon Musk is being investigated by federal authorities related to his attempted acquisition of Twitter Inc. …

Cheyenne Ligon / CoinDesk:
US DOJ says two Estonians were arrested for a $575M cryptocurrency fraud and money laundering scheme that allegedly defrauded hundreds of thousands of investors  —  According to the Department of Justice, the two men used shell companies to launder the proceeds of their fraudulent schemes and buy luxury cars and real estate in Estonia.