Last Wednesday, the Trump administration believed it had a plan to save TikTok. ByteDance, TikTok’s Chinese owner, along with some of its U.S. investors and officials in Washington had coalesced around a new ownership structure for the popular video app, four people familiar with the situation said. That structure, the people said, would help TikTok…
Two days before a deadline for TikTok to be sold to a non-Chinese company or otherwise face a ban in the United States, a deal has not yet been cemented but the contours of one are starting to take shape. Vice President JD Vance said on Thursday that the administration would announce a plan for…
US President Donald Trump will consider on Wednesday a final proposal related to TikTok ahead of an April 5 deadline for the app to find a non-Chinese buyer or face a US ban, a White House official told Reuters. There will be a meeting at the Oval Office involving Vice President JD Vance, Commerce Secretary…
Partners at Andreessen Horowitz, the blue-chip venture capital firm in Silicon Valley, defended to investors their decision to hire Daniel Penny, a Marine veteran acquitted on a charge of criminally negligent homicide last year, according to an internal memo viewed by The New York Times. Andreessen Horowitz, the memo said, is most likely the largest…
Daniel Penny, a Marine veteran acquitted on a charge of criminally negligent homicide in Manhattan in December, has been hired by one of Silicon Valley’s most prestigious venture capital firms to join its “American Dynamism” team. Mr. Penny, a Long Island native and former architecture student, will work in a group that supports American interests,…
Jordan Jacobs, an investor at the venture capital firm Radical Ventures, has spent the last few days fielding half a dozen calls from his firm’s investors. All of them wanted to know about DeepSeek, a Chinese artificial intelligence app that topped the app stores over the weekend. DeepSeek had created a powerful A.I. model with…
Sriram Krishnan is an Indian-American entrepreneur, venture capitalist, and technologist, widely recognised for his influential roles in some of Silicon Valley’s largest tech companies. Born in Chennai, India, in 1984, Krishnan has built a remarkable career that spans leadership positions at major firms such as Microsoft, Facebook, Twitter, and Snap, before moving into venture capital…