What we know about the TikTok ban

January 18, 2025

Welcome back to Week in Review. This week, we’re looking at the impacts of the looming TikTok ban in the U.S., including the “TikTok refugees” moving to Chinese app RedNote, the surge of English speakers learning Mandarin on Duolingo, and more! Let’s get into it. The Supreme Court upheld the law that will effectively ban […]

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Once high-flying proptech startups Divvy Homes and EasyKnock are the latest to struggle

January 18, 2025

Many proptech startups, born and funded during the low-interest-rate heydays, are in the throes of struggle. With investments into U.S.-based real estate startups falling from $11.1 billion in 2021 to $3.7 billion last year, according to PitchBook data, some are selling themselves off, while others are closing shop. The two most recent examples are the […]

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TikTok says it will go dark Sunday unless Biden offers ‘definitive statement’

January 18, 2025

It remains unclear whether TikTok will still be available in US app stores Sunday, with the company claiming that President Joe Biden’s outgoing administration needs to offer “definitive” assurances that it won’t enforce the ban. On Friday, the Supreme Court upheld a law that would effectively ban TikTok in the United States if the app’s […]

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EV startup Canoo files for bankruptcy and ceases operations

January 18, 2025

Seven-year-old electric vehicle startup Canoo has filed for bankruptcy and will “cease operations immediately.” The company is liquidating its assets in a Chapter 7 proceeding in the Delaware Bankruptcy Court. The company said in a press release published late Friday that it was “in discussions with foreign sources of capital” that proved unsuccessful, and also […]

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