Microsoft was one of the investors in a funding round last year that poured $850 million in CloudKitchens, the ghost kitchen startup led by polarizing Uber cofounder Travis Kalanick, The Financial Times reported Wednesday. That makes Microsoft the only known Uber backer to invest in CloudKitchens other than Saudi Arabia’s sovereign wealth fund. While the reasons for Microsoft’s investment are...
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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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