TikTok owner ByteDance is shutting down its online tutoring apps for children and laying off some of its employees in its online education business, after the Chinese government recently issued new rules that ban tutoring services that teach school curriculum, according to a person with knowledge of the matter. ByteDance’s latest move, which was reported earlier by Chinese media outlets, is an...
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The Shaky Mental State of Silicon Valley
Hi, welcome to your Weekend! Next month, when the San Francisco Board of Supervisors reconvenes after its summer recess, one of the matters up for discussion will be a resolution to decriminalize the use of psychedelics. While San Franciscans have never needed Board approval to partake in the wonders of nature, you can bet plenty of tech workers around town will be rooting for a yay...
Peloton Announces Job Cuts, Store Closures and Price Hikes
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Founder of Crypto Exchange Houbi in Talks to Sell Stake for $1 Billion
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