One of Silicon Valley’s top investors is taking a step back from venture capital. Bill Gurley will not be a partner in Benchmark’s next fund, The Wall Street Journal first reported , but he will continue supporting existing portfolio companies for the time being. Benchmark is in the process of raising its tenth VC fund with a $425 million target. Four investors are expected to be partners in...
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TikTok’s Last Stand: Can an Army of Lobbyists Quell a Washington Uprising?
There’s perhaps no one in Washington who distrusts TikTok quite as much as Brendan Carr. Carr, a 44-year-old Donald Trump appointee to the Federal Communications Commission, has spent much of the last year going around cable news and elsewhere calling for the hugely popular short-video app to be restricted, if not banned, over its ties to Chinese parent company, ByteDance. TikTok is a...
Bankrupt Online Wine Seller Winc Finds Buyer For Assets
Salesforce Shakes Up Board
Japan and Netherlands To Join U.S. Restrictions on Chip Machinery Exports to China
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