OpenAI and Microsoft Are Partners, Until They Vie for the Same Customers Read More

Sprint and T-Mobile are close to finalizing a merger deal, according to CNBC, ending a dance that has been off and on since 2013. According to the CNBC story, a deal is now in sight because SoftBank, which controls Sprint, changed its mind about allowing T-Mobile’s parent, Deutsche Telekom, to control the combined company. According to a Bloomberg story , Deutsche Telekom will end up with a 69%...

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The Briefing facebook media/telecom
U.S. Tech Should Support TikTok at This Moment
TikTok CEO Shou Zi Chew. Photo by Bloomberg.
If Steve Martin were to remake his 1984 film “Lonely Guy” this year, he could center it around Shou Zi Chew, CEO of TikTok. It’s a paradox that the executive leading one of the most popular apps in the U.S. is basically on his own as he fights the threat of a ban from both the Biden administration and congressional opponents. The few people who have publicly come out in support of TikTok...
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Sarah Nagy gives a demo of her startup, Seek.ai, at an AI event at the San Francisco Wine Society in January. Photography by Laura Morton
First Look startups ai
Boom Times in San Francisco’s AI Underground
Not even a banking crisis could chill the fever sweeping San Francisco. Last Wednesday, as the tech industry recoiled from the collapse of Silicon Valley Bank, a party was scheduled at the offices of Maverick Ventures in an old army hospital in the Presidio.
Cover art and portraits by Clark Miller
The Big Read
The Instant Oral History of the Silicon Valley Bank Collapse
On a cosmic level, the collapse of Silicon Valley Bank was a mere blip. The murmurs about trouble began last Wednesday, the panic spread via group texts and Twitter threads on Thursday, the bank went under on Friday, the government got its act together on Saturday, and on Sunday every current and former customer of SVB could breathe a cautious sigh of relief.
Clockwise from top left: Julie Bornstein, Esther Crawford, Mark Hammond, Max Cutler, Kağan Sümer. Photos via Julie Bernstein, Robert Cowherd, Microsoft, Wikimedia and Kağan Sümer.
Free Agents startups
On the Market: The Founders Who Joined Microsoft, Spotify, Coinbase and Twitter
Call them acqui-fires. Several founders who took positions at the bigger tech companies that bought their startups recently lost their jobs when layoffs rolled through Silicon Valley.
Art by Clark Miller.
Opinion startups economy
SVB Is Dead. Long Live SVB.
We all know how it began. It started on March 9, when the run on Silicon Valley Bank made the innovation economy totter and threatened a global financial crisis.
Tonal’s now-shuttered Palo Alto, Calif. retail store. Photo by Getty.
Exclusive startups
Tonal’s Valuation May Fall 90% in ‘Cram-Down’ Financing
Tonal, a fitness startup with a cadre of celebrity backers, is crunched for cash after failing to find a buyer.
Musical.ly's Shanghai headquarters in 2016. Photo by Bloomberg.
asia
Biden’s Path to Forcing TikTok Sale Leads to Now-Dead App Musical.ly
Would TikTok have become a powerhouse without Musical.ly? As arcane as that question might appear, it could become the paramount issue in court if the Biden administration tries to force TikTok’s parent ByteDance to sell the app.