PayPal co-founder Peter Thiel and Hong Kong billionaire Richard Li are preparing a $595 million blank check company to buy one or more companies in Southeast Asia, Bloomberg reported. The news comes amid renewed investor enthusiasm for the region. Shares of Singapore-based e-commerce and gaming company Sea Ltd., listed in New York, have more than tripled in the past six months, giving it a...
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The Takeaway Policy COVID-19
What Tech Can Do for Local Governments, Pandemic Edition
There was a period early in the pandemic when I wondered if Covid-19 would be the crisis that finally pushed Silicon Valley and Washington together. Google was promising to develop a website with nationwide information about testing and risk levels. In a rare collaboration to help the government and health officials, Apple and Google said they would team up on contact-tracing apps. Not much has...
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