The U.S. government shutdown that began this week is the first in seven years. While it might not feel immediately disruptive, for startups waiting on permits, visas, or regulatory approvals, even a few weeks can become an existential problem. On this episode of Equity, Kirsten Korosec, Anthony Ha, and Max Zeff talk through how uncertainty […]
For most of his career Larry Ellison has been content to quietly let Oracle be the company, behind the company, behind the technology that makes headlines. Its biggest products being cloud computing and database products that it sells to enterprise customers like DHL, Northwell Health, and Fanatics. But, now in his 80s, Ellison has begun […]
Following months of delays, President Donald Trump has signed an executive order that’s supposed to “save” TikTok. Trump claims the deal will make the app “American-operated,” fulfilling the divest-or-ban law that threatened the China-owned app’s presence in the US. But the Trump administration didn’t reveal any information about who will own TikTok’s US operations, or […]
A number of investors are competing for the opportunity to purchase the app, and if a deal were to go through, the platform’s U.S. business could have its valuation soar to upward of $60 billion.
After more than five years of machinations, secret meetings, legislative actions, and confusing messaging, it appears a deal is coming to keep TikTok alive in the US. On Thursday, President Trump signed an executive order that didn’t quite make a deal, but at least gave everyone space to make deal. It’s a concept of a […]
Vice President JD Vance said that the deal would value TikTok US at “around $14 billion.”
President Donald Trump has signed an executive order recognizing the framework of a deal between ByteDance and the US that would satisfy the TikTok divest-or-ban law. The deal values TikTok’s US operations at $14 billion and puts it under the control of companies based in the US. “I spoke with President Xi [Jinping], we had […]
TikTok, owned by the Chinese company ByteDance, has been at the center of controversy in the U.S. for four years now due to concerns about user data potentially being accessed by the Chinese government. As a result, U.S. users have often found themselves caught in the middle of this tension. Earlier this year, the app […]
In a video from a Turkish broadcaster, a Palestinian woman walks among the rubble, wailing. “Where are my three daughters, my husband, and my cousin?” She went out to get flour, she says, and came back to find her home collapsed, her family apparently trapped inside. Hit pause on the clip and something strange happens: […]
China and the US have “made progress” on granting permission for ByteDance to sell TikTok to an American consortium, fulfilling a nine-months-overdue legal requirement. After saying a tentative deal had been reached Monday and that approval would come Friday, President Donald Trump’s administration has issued an update that leaves the current status ambiguous and the […]