Facebook’s global head of safety, Antigone Davis, on Thursday refused repeated calls from U.S. lawmakers to disclose more of Facebook’s internal research about the potential negative impact of its apps on teens, saying only that the company was working on ways to release more. Davis took questions over video at a Senate consumer protection subcommittee hearing that was triggered by a Wall Street...
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Silicon Valley’s Realtors, Like Its Bankers, Are Having a Tough Month
In early March, Ken DeLeon, founder of DeLeon Realty, a Silicon Valley–based brokerage that sold more than $1 billion in homes in 2021, called one of his venture capitalist clients to discuss the purchase of a $20 million–plus megamansion. The client was flip-flopping between a cash offer and a loan. “First Republic Bank has a 10-year loan at 4.65%,” DeLeon informed...
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