Shares of Mobileye, Intel’s self-driving vehicles arm, debuted on the Nasdaq on Wednesday and closed at $28.97, 38% above the $21 price that was set for the offering. The company closed the day with a market capitalization of $23.1 billion, much lower than the $50 billion price tag Mobileye initially planned to seek months ago, according to multiple reports. The company planned to sell just 41...
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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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