Facebook’s stock has fallen sharply after former President Donald Trump went on a rant on two separate occasions about the American technology company. Founder Mark Zuckerberg was caught directly in the cross-fire too, with Trump writing on Truth Social: “If you get rid of TikTok, Facebook and Zuckerschmuck will double their business. I don’t want…
The Silicon Valley venture capitalist Michael Moritz is kinda-sorta the West Coast version of New York’s own Steve Rattner. Like Rattner, who (famously) was on the journalistic fast track at the New York Times before he (even more famously) jumped the rails for investment banking back in the early eighties, Moritz, at almost precisely the same time, was a writer on the rise in the San Francisco bu
John Battelle's Search Blog Thoughts on the intersection of tech, business, and society. "The strangest and least economically rational technology bubble I've ever seen." Those are Paul Kedrosky's words, discussing what now nearly everyone agrees is, well, some kind of bubble in the Web 2.0 space. I'm hearing it everywhere, and even more to the point, I feel it as well, in… “The strangest and leas
Silicon Valley is roaring back to life, as startups mint millionaires and Web dreams take flight. But, no, this is not another bubble. Here's why. Be careful what you wish for, all of you with the "Please, God, just one more bubble!" bumper stickers. It's getting wild again in Silicon Valley. In recent months, the breathtaking ascent of Google has lit a fire under its competitors, which include pr
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