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Monday, 29 April 2024

Lawmakers, TikTok staff, and others detail how TikTok lost the war in Washington, including due to CEO Shou Zi Chew's failure to build support on Capitol Hill (Wall Street Journal)

Wall Street Journal:
Lawmakers, TikTok staff, and others detail how TikTok lost the war in Washington, including due to CEO Shou Zi Chew's failure to build support on Capitol Hill  —  Combination of coordinated efforts by its critics and missteps by the company led to the law forcing a sale or ban of the popular app



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The UK government will take a £25M stake in Octopus Energy's tech spin-off Kraken, last valued at $8.65B, in an effort to encourage Kraken to list in London (Financial Times)

Financial Times : The UK government will take a £25M stake in Octopus Energy's tech spin-off Kraken, last valued at $8.65B, in an eff...