TikTok owner ByteDance earlier this year put on hold its intentions to go public in Hong Kong or the U.S., after Chinese government officials told the company to focus on addressing data-security risks, the Wall Street Journal reported. ByteDance’s decision in late March to shelve its IPO discussions is yet another indication of how Beijing has been steadily increasing its control over the...
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The Heir Who Wants to Be Mayor
Hi, welcome to your Weekend.To spend time with Daniel Lurie is to understand the true meaning of the word “mensch.” Everyone who knows the San Francisco philanthropist and Levi’s heir says pretty much the same things about him: Daniel is “a really good guy”—affable, smart, egoless and earnest in his desire to improve the lives of the neediest. So earlier this year, when I began hearing...
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