Fox Business' Maria Bartiromo (L), Saudi Crown Prince Mohammed bin Salman (center) and SoftBank's Masayoshi Son at last year's Future Investment Initiative event. Photo: Fayez Nureldine/AFP/Getty Images.

More big names have pulled out of next week's Future Investment Initiative conference in Riyadh, including TPG Chairman David Bonderman, Uptake CEO Brad Keywell and NYSE President Stacey Cunningham (she's citing a scheduling conflict).

But the biggest name, SoftBank, is keeping quiet. And so are several of its Silicon Valley portfolio companies, including Katerra and Plenty, whose CEOs are scheduled to speak in Riyadh (based on an archived speakers page that has since been removed from the event website).

SoftBank COO Marcelo Claure repeatedly hedged on Saudi-related questions from reporters yesterday during Arm TechCon:

"I think we, like most parties in the world, are looking at events unfold; and then based on that, we’re going to make decisions in the future. But at this point in time, I think, like most companies that have a relationship with Saudi Arabia, are watching the developments and seeing where this goes. There’s developments pretty much every hour these days; so we are just, you know, monitoring. ...
Right now it is business as usual — we are continuing to run our company, our funds. It’s business as usual."

The bottom line: SoftBank is running out of time, as there may not be conclusive information by the time FII is scheduled to kick off in a week from today.

  • President Trump got headlines yesterday for his "innocent until proven guilty" comment about Saudi Crown Prince Mohammed bin Salman (MBS), but more notable might have been a rhetorical shift when he tweeted that, during a phone call, MBS "totally denied any knowledge of what took place in their Turkish Consulate." That suggests Saudi acknowledgement that something did happen in the Consulate and that Jamal Khashoggi didn't walk out under his own power.

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Trump tightens screws on ByteDance to sell Tiktok

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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.

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  5. Cities: Coronavirus pandemic dims NYC's annual 9/11 Tribute in Light.
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Harris: "Women are going to be a priority" in Biden administration

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.