Bridgetown Holdings, a special purpose acquisition company backed by billionaire investor Peter Thiel, is considering a merger with SoftBank-backed Indonesian e-commerce startup Tokopedia, Bloomberg reported. It could value Tokopedia at as much as $10 billion, the report said. The share price of New York-listed Bridgetown surged 26% on the report. Such a deal for Tokopedia would be the...
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The Weekend culture policy
Ban It, Divest It or Regulate It? Washington Looks for an Answer to TikTok
Hi, welcome to your Weekend!Interesting dinner table discussion this week: My 13-year-old daughter, hearing about Nancy Scola’s cover story on TikTok’s war in Washington, offered her prediction for what would happen if the U.S. took the drastic step of banning the app.“Every teenager in America would refuse to come out of their rooms,” she said. “They’d be so mad. They just wouldn’t go out...
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