Image Credits: Thomas Peter - Pool / Getty Images It used to be “easy” to tell the American and Chinese economies apart. One was innovative, one made clones. One was a free market while the other demanded payments to a political party…
The New York Times
– Sep 20, 3:21 PM
SAN FRANCISCO — The saga of TikTok had everything: Ominous threats of surveillance. A forced fire sale. Threats of retaliation. Head-spinning deal terms that morphed by the hour. Dark horse bidders and a looming deadline. Now, as the dust…
Kindred Capital, the London-based VC that backs early-stage founders in Europe, has closed its second seed fund at £81 million. That's only a tad larger than the the firm's first fund, which invested in 29 companies and was raised in 2018.
ByteDance's proposal for the formation of a new TikTok Global company, now approved by President Trump, will reduce combined Chinese investment in the new firm to 36% from 45% in ByteDance currently, said a person with direct knowledge of the deal.