The Trump administration is expected to order ByteDance to sell its stake in TikTok’s U.S. operations, a move that strengthens the hand of U.S. investors who are considering a bid for the company, Bloomberg reported. The order is the result of a year-long review by the Committee on Foreign Investment in the United States (CFIUS), which decided that TikTok’s ties to Beijing-based Bytedance was a...
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What a Brazilian Steakhouse Says About the Tech Economy
Hi, welcome to your Weekend.One of my favorite tech memes is the “We’re so back” post, the kind that pokes fun at the industry returning to the good old days of expensive perks and wine-soaked dinners.I had a real-life “We’re so back” moment this week when I attended a bacchanalian feast thrown by Bain Capital Ventures at Fogo de Chão in San Francisco. Bain Capital’s private equity arm...
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