Senior U.S. administration officials are seeking to reassure Apple and other U.S. companies that they will be able to continue doing business with Tencent’s WeChat messaging app in China, Bloomberg reported, citing people familiar with the matter. Such reassurance would be a relief for both Apple and Tencent. Earlier this month, President Donald Trump issued an executive order to prohibit U.S....
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What Sequoia Should Have Said
I remember my jaw dropping last year when The Information’s Juro Osawa reported that Sequoia China was in talks to raise more than $8 billion in new funding from U.S. investors and others.I was baffled. I just couldn’t imagine that Sequoia, which had picked a slew of winners in the U.S. and China ranging from Google to Meituan, was going to continue to draw such inflows from the U.S. to its...
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