U.S. authorities have extended the deadline on their national-security review of TikTok, giving the video app’s Chinese-owned parent company ByteDance more time to strike a deal to sell the business. The review, which had been slated to wrap up this Friday, is now set to conclude on Dec. 4. It’s the second extension that the company has received since the Trump administration announced that it...
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What Sequoia Should Have Said
I remember my jaw dropping last year when The Information’s Juro Osawa reported that Sequoia China was in talks to raise more than $8 billion in new funding from U.S. investors and others.I was baffled. I just couldn’t imagine that Sequoia, which had picked a slew of winners in the U.S. and China ranging from Google to Meituan, was going to continue to draw such inflows from the U.S. to its...
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