Section 32 founder Bill Maris
Former Google Ventures CEO Bill Maris, who currently runs a San Diego-area VC firm called Section 32, offered some words of warning today during a Wall Street Journal tech conference:
It wouldn't surprise me if the sun is setting on the golden age of Silicon Valley.
Maris added that he also wouldn't be surprised if federal regulators try breaking up tech giants like Google or Facebook, saying that such companies "are more powerful than AT&T ever was."
Illustration: Aïda Amer/Axios
President Trump added more pressure Friday night on China-based TikTok parent ByteDance to exit the U.S., ordering it to divest all assets related to the U.S. operation of TikTok within 90 days.
Between the lines: The order means ByteDance must be wholly disentangled from TikTok in the U.S. by November. Trump had previously ordered TikTok banned if ByteDance hadn't struck a deal within 45 days. The new order likely means ByteDance has just another 45 days after that to fully close the deal, one White House source told Axios.
Illustration: Aïda Amer/Axios
Sen. Kamala Harris at an event in Wilmington, Del. Photo: Drew Angerer/Getty Images
In her first sit-down interview since being named Joe Biden's running mate, Sen. Kamala Harris talked about what she'll do to fight for women if elected VP, and how the Democrats are thinking about voter turnout strategies ahead of November.
What they're saying: "In a Biden-Harris administration women are going to be a priority, understanding that women have many priorities and all of them must be acknowledged," Harris told The 19th*'s Errin Haines-Whack.