Abigail Avery

Why AI will eat McKinsey’s lunch — but not today

Navin Chaddha, managing director of the 55-year-old Silicon Valley venture firm Mayfield, is betting big on AI’s ability to transform people-heavy industries like consulting, law, and accounting. The veteran investor, whose wins include Lyft, Poshmark, and HashiCorp, recently discussed at TechCrunch’s StrictlyVC evening in Menlo Park why he believes “AI teammates” can create software-like margins…

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Trump says he’s found a buyer for TikTok

A group of “very wealthy people” is set to buy short-form video app TikTok, according to President Donald Trump. “We have a buyer for TikTok, by the way,” Trump said in a Fox News interview on Sunday morning. “I think I’ll need probably China’s approval. I think President Xi [Jinping] will probably do it.” Trump…

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