Inboxes

Create an inbox to save and track emails. It's free!

+New inbox
Back
Back
Back 
<!DOCTYPE html>
<html xmlns="//www.w3.org/1999/xhtml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:v="urn:schemas-microsoft-com:vml">
 <head>
  <title>
   DealBook: Antisemitism on campus
  </title>
  <!--[if !mso]><!-- -->
  <meta content="IE=edge" http-equiv="X-UA-Compatible"/>
  <!--<![endif]-->
  <meta content="text/html; charset=utf-8" http-equiv="Content-Type"/>
  <meta content="width=device-width,initial-scale=1" name="viewport"/>
  <style type="text/css">
   #outlook a{padding:0}body{margin:0;padding:0;-webkit-text-size-adjust:100%;-ms-text-size-adjust:100%}table,td{border-collapse:collapse;mso-table-lspace:0;mso-table-rspace:0}img{border:0;height:auto;line-height:100%;outline:0;text-decoration:none;-ms-interpolation-mode:bicubic}p{display:block;margin:13px 0}p,ul{margin-top:0}@media (max-width:600px){body{padding:0 15px!important}}
  </style>
  <!--[if mso]>
        <xml>
        <o:OfficeDocumentSettings>
          <o:AllowPNG/>
          <o:PixelsPerInch>96</o:PixelsPerInch>
        </o:OfficeDocumentSettings>
        </xml>
        <![endif]-->
  <style type="text/css">
   @media (max-width:480px){.css-9k65el{padding:20px 0 0!important}}@media (max-width:480px){.css-p8oerp{width:100%!important}}.css-sdwaa1:hover{-webkit-text-decoration:none!important;text-decoration:none!important}@media (max-width:480px){.css-1ytstr3{padding-bottom:6px!important}}@media (max-width:480px){.css-u9v36b{padding-bottom:15px!important;line-height:12px!important}}@media (max-width:480px){.css-12n1aic{font-size:25px!important;line-height:30px!important}}@media (max-width:480px){.css-1uqm1ol{margin:0 0 20px!important}}@media (max-width:480px){.css-1expd9{vertical-align:top!important;display:block!important;width:100%!important;padding:0 14px!important}}@media (max-width:480px){.css-kf37zi{margin-bottom:5px!important;letter-spacing:.5px!important}}@media (max-width:480px){.css-1ux4czy{padding-bottom:0!important}}.css-13ccda7:hover{-webkit-text-decoration:none!important;text-decoration:none!important}.css-13ccda7:hover{border-bottom:none!important}.css-irp95o:hover{-webkit-text-decoration:none!important;text-decoration:none!important}@media (max-width:600px){.css-irp95o{display:inline-block;border-right:1px solid #dcdcdc;padding-right:10px;margin-right:10px}}.css-aqjl7v:hover{-webkit-text-decoration:none!important;text-decoration:none!important}@media (max-width:600px){.css-aqjl7v{display:inline-block!important}}.css-76jd1b:hover{-webkit-text-decoration:none!important;text-decoration:none!important}
  </style>
 </head>
 <body>
  <div style="color:transparent;visibility:hidden;opacity:0;font-size:0px;border:0;max-height:1px;width:1px;margin:0px;padding:0px;border-width:0px!important;display:none!important;line-height:0px!important;">
   <img alt="" border="0" height="1" src="https://inboxflows.com/_/image/https%253A%252F%252Fnl.nytimes.com%252Fq%252FPlQxM7y-sPoeHGZdKFNPeg~~%252FAAAAAQA~%252FRgRoD24JPVcDbnl0QgpmJwnpLGbqyy7xUhNhZThiODM5YkB1aWZlZWQuY29tWAQAAAAD/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZubC5ueXRpbWVzLiIsInRpbWUiOjE3MTQyMTkyNzYuNTYzMjg5OX0:1s0gk0:lKG67sYAtbrfqngzr3uK-ENtO6Fy2Glc3uoeXCAHvv8" width="1"/>
  </div>
  <div style="display:none;font-size:1px;color:#fff;line-height:1px;max-height:0;max-width:0;opacity:0;overflow:hidden">
   Plus, Daniel Ek’s next act and understanding Xi Jinping
  </div>
  <div>
   <!--[if mso | IE]>
      <table border="0" cellpadding="0" cellspacing="0" style="margin-right: auto; margin-left: auto" width="600" align="center">
        <tr>
          <td>
    <![endif]-->
   <table align="left" bgcolor="#FFFFFF" border="0" style="margin:0" width="100%">
    <tbody>
     <tr>
      <td align="left" id="EMAIL_CONTAINER" width="100%">
       <div style="margin:0 auto;max-width:600px;width:100%">
        <table border="0" cellpadding="0" cellspacing="0" style="width:100%">
         <tbody>
          <tr>
           <td align="center" style="padding:15px 0 5px;text-align:center;width:100%" width="100%">
            <div style="font-family:arial,sans-serif;font-size:12px;text-align:center;width:100%;padding-bottom:10px">
             <a style="color:#666;-webkit-text-decoration:none;text-decoration:none;line-height:18px" title="View in browser">
              View in browser
             </a>
             <span style="color:#dcdcdc;margin:0 10px">
              |
             </span>
             <a style="color:#666;-webkit-text-decoration:none;text-decoration:none;line-height:18px" title="The New York Times">
              nytimes.com
             </a>
            </div>
            <a class="" style="display:block;width:1px;height:1px;max-height:1px;overflow:hidden;color:transparent">
             Continue reading the main story
            </a>
            <table border="0" cellpadding="0" cellspacing="0" style="width:100%">
             <tbody>
              <tr>
               <td>
                <span style="width:100%;text-align:center">
                 <table border="0" cellpadding="0" cellspacing="0" style="margin:0 auto">
                  <tbody>
                   <tr>
                    <td colspan="2">
                     <a rel="noopener noreferrer nofollow">
                      <img alt="Ad" src="https://inboxflows.com/_/image/https%253A%252F%252Fliveintent.newyorktimesinfo.com%252Fimp%253Fs%253D269024%2526li%253DDK%2526m%253Ddfbfebeec3e396a6cb1a8b032a80246c%2526p%253DDK_20240427/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZsaXZlaW50ZW50LiIsInRpbWUiOjE3MTQyMTkyNzYuNTY0MDUwMn0:1s0gk0:4UviVCB-1ybDRPs7TWYPfFqjOoAjatBLX5MM1ELCbbo" style="width:100%;max-width:600px" width="600"/>
                     </a>
                    </td>
                   </tr>
                  </tbody>
                 </table>
                </span>
               </td>
              </tr>
              <tr>
               <td style="height:10px">
               </td>
              </tr>
             </tbody>
            </table>
           </td>
          </tr>
         </tbody>
        </table>
        <table border="0" cellpadding="0" cellspacing="0" style="width:100%">
         <tbody>
          <tr>
           <td style="border-top:1px solid #dcdcdc">
           </td>
          </tr>
          <tr>
           <td align="center" class="css-9k65el" style="padding:19px 0 0;width:100%;text-align:center" width="100%">
            <div style="margin-bottom:15px">
             <a title="DealBook">
              <img alt="DealBook" class="css-p8oerp" src="https://inboxflows.com/_/image/https%253A%252F%252Fstatic.nytimes.com%252Femail-images%252FF-DealBook-Sorkin%25402x.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzdGF0aWMubnl0aSIsInRpbWUiOjE3MTQyMTkyNzYuNTY0NDY3NH0:1s0gk0:K2ggtfqAaxFqAl94maxmGEkI4an0Yb2WYernh2Z2EPI" style="width:300px" width="300"/>
             </a>
            </div>
            <p style="width:100%;margin-bottom:31px;font:12px/12px georgia,serif">
             April 27, 2024
            </p>
            <div>
             <table border="0" cellpadding="0" cellspacing="0" style="width:100%">
              <tbody>
               <tr>
                <td style="border-top:1px solid #dcdcdc;padding-top:18px">
                </td>
               </tr>
               <tr>
                <td align="center" style="text-align:center">
                 <a style="font:400 11px/12px arial,sans-serif;color:#8b8b8b;letter-spacing:.8px;text-decoration:none;display:block;margin:0 auto">
                  <span>
                   SUPPORTED BY
                  </span>
                  <span>
                   SILICON VALLEY BANK
                  </span>
                 </a>
                </td>
               </tr>
               <tr>
                <td style="padding-bottom:18px">
                </td>
               </tr>
              </tbody>
             </table>
            </div>
           </td>
          </tr>
          <tr>
           <td style="border-bottom:1px solid #dcdcdc">
           </td>
          </tr>
          <tr>
           <td style="height:20px">
           </td>
          </tr>
         </tbody>
        </table>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-style:italic">
          Good morning. Today, Andrew discusses out-of-the-box ideas for how businesses could pressure universities on antisemitism; Daniel Ek, the Spotify founder, talks with DealBook about his next act; and an expert on China explains how Xi Jinping views the world — and what that means for business. (Was this newsletter forwarded to you?
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-style:italic">
          Sign up here.
         </a>
         <span style="font-style:italic">
          )
         </span>
        </p>
        <table border="0" cellpadding="0" cellspacing="0" style="width:100%">
         <tbody>
          <tr>
           <td style="height:10px">
           </td>
          </tr>
          <tr>
           <td height="8" style="background-color:#000;font-size:0;line-height:0" width="100%">
           </td>
          </tr>
          <tr>
           <td style="height:20px">
           </td>
          </tr>
         </tbody>
        </table>
        <table border="0" cellpadding="0" cellspacing="0" style="width:100%">
         <tbody>
          <tr>
           <td>
            <img alt="A close-up of Nemat Shafik, seated in front of a mic, testifying before Congress." class="css-1ytstr3" height="400" src="https://inboxflows.com/_/image/https%253A%252F%252Fstatic01.nyt.com%252Fimages%252F2024%252F04%252F27%252Fbusiness%252F27DB-protests%252F27DB-protests-jumbo.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzdGF0aWMwMS5ueSIsInRpbWUiOjE3MTQyMTkyNzYuNTY0NjM0OH0:1s0gk0:MKyE8OOoivMlaPT3R8_UabCUrr30wdxnp7-dKjoq5ZM" style="width:100%;height:auto;display:block;padding-top:10px;padding-bottom:8px" width="600"/>
           </td>
          </tr>
          <tr>
           <td align="left" class="css-u9v36b" style="text-align:left;width:100%;padding-bottom:15px;line-height:14px" width="100%">
            <span style="color:#666;font:normal 14px georgia,serif">
             Columbia University’s president, Nemat Shafik, is facing criticism from multiple sides over her handling of protests on campus.
            </span>
            <span style="margin:0;font:11px/11px georgia,serif;color:#888;letter-spacing:.01em">
             Jose Luis Magana/Associated Press
            </span>
           </td>
          </tr>
          <tr>
           <td style="height:20px">
           </td>
          </tr>
         </tbody>
        </table>
        <h2 class="css-12n1aic" style="color:#000;font:700 25px/32px arial,sans-serif;margin:0 0 10px">
         <span>
          Beyond pulling donations
         </span>
        </h2>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          Many business leaders have told me they are deeply concerned about incidents of harassment against Jewish students that have taken place at and around universities like Columbia and
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          appear to be increasing
         </a>
         <span>
          .
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          Inside corner offices, there has been a lot of hand-wringing about the most blatant examples, like
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          antisemitic signs and chants
         </a>
         <span>
          or the
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          assault of an Israeli student
         </a>
         <span>
          . But there has been little action from corporations, which have a synergistic relationship with the schools where they recruit employees.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          Some executives are privately pondering what they can do. The most common course of action so far has been to pull back on individual donations. The New England Patriots owner Robert Kraft, for example, said this week that he was “
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          no longer comfortable supporting Columbia University
         </a>
         <span>
          .”
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          But businesses have other levers that affect universities, and some of those levers would undoubtedly put more pressure on universities to take action against antisemitism.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          Here’s one out-of-the-box thought experiment: Most businesses scrutinize their vendors quite carefully and maintain approved lists of vendors whose policies align with their own. Companies could scrutinize universities, a main source of their talent, as they would any other vendor. They could tell universities that they won’t hire their students unless the schools take decisive action to stem antisemitism.
         </span>
        </p>
        <a class="" style="display:block;width:1px;height:1px;max-height:1px;overflow:hidden;color:transparent">
         Continue reading the main story
        </a>
        <div style="padding-top:10px;padding-bottom:27px">
         <table border="0" cellpadding="0" cellspacing="0" style="width:100%;background:#f8f8f8">
          <tbody>
           <tr>
            <td style="padding-top:16px">
            </td>
           </tr>
           <tr>
            <td colspan="1">
             <h3 class="css-1uqm1ol" style="font:10px/10px arial,sans-serif;letter-spacing:.1em;color:#5a5a5a;text-align:center;text-transform:uppercase;margin:0 0 14px">
              A MESSAGE FROM SILICON VALLEY BANK
             </h3>
            </td>
           </tr>
           <tr>
            <td class="css-1expd9" style="vertical-align:middle;width:50%;padding:8px 16px 1px;box-sizing:border-box" valign="middle" width="50%">
             <a style="text-decoration:none;display:block">
              <p style="font:700 20px/28px georgia,serif;color:#121212;margin:0 0 4px">
               When you bank with us, you get what matters.
              </p>
              <p style="font:16px/22px georgia,serif;color:#121212;margin:0 0 19px">
               The industry’s largest, most experienced fund banking team.
              </p>
              <p style="font:700 10px/10px arial,sans-serif;text-transform:uppercase;-webkit-text-decoration:underline;text-decoration:underline;color:#5a5a5a;margin:0 0 20px">
               Bank with us
              </p>
              <img alt="Silicon Valley Bank Logo" height="15" src="https://inboxflows.com/_/image/https%253A%252F%252Fstatic01.nytimes.com%252Fads%252Femail_logo%252Fdealbook%252FSVB1.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzdGF0aWMwMS5ueSIsInRpbWUiOjE3MTQyMTkyNzYuNTY0NzQ0N30:1s0gk0:8shodnwLm9SPl6Ebc0PBlz_90c9oU-tfhKWO8bc0d00" style="height:15px;max-width:150px"/>
             </a>
            </td>
           </tr>
           <tr>
            <td style="padding-bottom:16px">
            </td>
           </tr>
          </tbody>
         </table>
        </div>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          After all, no company in this day and age would use an executive search firm with employees who openly engaged in antisemitism.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          To be clear, companies would need to define antisemitism and the satisfactory actions to mitigate it — currently both topics of fierce debate.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          And it is important to differentiate between peaceful protesters against Israel’s war in Gaza (who include many Jewish students, and who say they are being unfairly painted as antisemitic to distract from their objectives) and people who are calling for the death of Jews, harassing students and creating an unsafe environment. A decision to stop hiring
         </span>
         <span style="font-style:italic">
          all
         </span>
         <span>
          students from a particular school would inevitably punish some who have nothing to do with the worst offenders on campus.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          But these corporate actions would put real pressure — including the pressure that would inevitably come from those uninvolved students — on college administrations to police blatant antisemitism.
         </span>
        </p>
        <a class="" style="display:block;width:1px;height:1px;max-height:1px;overflow:hidden;color:transparent">
         Continue reading the main story
        </a>
        <table border="0" cellpadding="0" cellspacing="0" style="width:100%">
         <tbody>
          <tr>
           <td style="height:10px">
           </td>
          </tr>
          <tr>
           <td style="border-top:1px solid #dcdcdc;padding-top:15px">
           </td>
          </tr>
          <tr>
           <td>
            <h3 class="css-kf37zi" style="font:10px/13px arial,sans-serif;color:#666;letter-spacing:.7px;margin-bottom:7px;margin-top:0;text-align:center">
             ADVERTISEMENT
            </h3>
            <span style="width:100%;text-align:center">
             <table border="0" cellpadding="0" cellspacing="0" style="margin:0 auto">
              <tbody>
               <tr>
                <td colspan="2">
                 <a rel="noopener noreferrer nofollow">
                  <img alt="Ad" src="https://inboxflows.com/_/image/https%253A%252F%252Fliveintent.newyorktimesinfo.com%252Fimp%253Fs%253D269018%2526li%253DDK%2526m%253Ddfbfebeec3e396a6cb1a8b032a80246c%2526p%253DDK_20240427/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZsaXZlaW50ZW50LiIsInRpbWUiOjE3MTQyMTkyNzYuNTY0ODUxfQ:1s0gk0:RugLJwG0diPvKaBiSP0_KMTF5nARVZs33UykwsHtoM4" style="width:100%;max-width:600px" width="600"/>
                 </a>
                </td>
               </tr>
              </tbody>
             </table>
            </span>
           </td>
          </tr>
          <tr>
           <td style="padding-bottom:15px;border-bottom:1px solid #dcdcdc">
           </td>
          </tr>
          <tr>
           <td style="height:20px">
           </td>
          </tr>
         </tbody>
        </table>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          There is another pressure point that Wall Street, private equity and venture capital firms may uniquely have to influence action against antisemitism on university campuses: They could threaten to stop managing their endowments. Most elite universities in America rely on venture capital firms for their relatively high investment returns.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          Many university endowments send questionnaires and conduct due diligence on the internal policies of the Wall Street firms — examining their D.E.I. policies, for example. What would happen if the Wall Street firms also sent such questionnaires to the universities before deciding to work with them as clients?
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          “That’s a really interesting thought experiment,” said Charlie Eaton, the author of “Bankers in the Ivory Tower: The Troubling Rise of Financiers in U.S. Higher Education” and an associate professor of sociology at the University of California, Merced. He said that such a decision would most likely have a big impact on the decision-making of universities, but would also raise big questions about “who is able to exercise what kind of power” in our economy.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          Businesses may be unlikely to rush into formally patrolling universities’ policies by adopting either of these theoretical maneuvers, but they might amp up the pressure in some other way through their informal preferences. As Darren Woods, the chief executive of Exxon Mobil, said of campus protests
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          in an interview with CNBC
         </a>
         <span>
          this week: “If that action or those protests reflect the values of the campuses where they’re doing it, we wouldn’t be interested in recruiting students from those campuses.”
         </span>
         <span style="font-style:italic">
          — Andrew Ross Sorkin
         </span>
        </p>
        <a class="" style="display:block;width:1px;height:1px;max-height:1px;overflow:hidden;color:transparent">
         Continue reading the main story
        </a>
        <table border="0" cellpadding="0" cellspacing="0" style="width:100%">
         <tbody>
          <tr>
           <td style="height:10px">
           </td>
          </tr>
          <tr>
           <td style="border-top:1px solid #dcdcdc;padding-top:15px">
           </td>
          </tr>
          <tr>
           <td>
            <h3 class="css-kf37zi" style="font:10px/13px arial,sans-serif;color:#666;letter-spacing:.7px;margin-bottom:7px;margin-top:0;text-align:center">
             ADVERTISEMENT
            </h3>
            <span style="width:100%;text-align:center">
             <table border="0" cellpadding="0" cellspacing="0" style="margin:0 auto">
              <tbody>
               <tr>
                <td colspan="2">
                 <a rel="noopener noreferrer nofollow">
                  <img alt="Ad" src="https://inboxflows.com/_/image/https%253A%252F%252Fliveintent.newyorktimesinfo.com%252Fimp%253Fs%253D791919%2526li%253DDK%2526m%253Ddfbfebeec3e396a6cb1a8b032a80246c%2526p%253DDK_20240427/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZsaXZlaW50ZW50LiIsInRpbWUiOjE3MTQyMTkyNzYuNTY0OTU0fQ:1s0gk0:O2vPhS0T_KiObgM8yV9ZkPBRFBB-6cyDK1c63Rt1UlE" style="width:100%;max-width:600px" width="600"/>
                 </a>
                </td>
               </tr>
              </tbody>
             </table>
            </span>
           </td>
          </tr>
          <tr>
           <td style="padding-bottom:15px;border-bottom:1px solid #dcdcdc">
           </td>
          </tr>
          <tr>
           <td style="height:20px">
           </td>
          </tr>
         </tbody>
        </table>
        <table border="0" cellpadding="0" cellspacing="0" style="width:100%">
         <tbody>
          <tr>
           <td style="height:30px">
           </td>
          </tr>
          <tr>
           <td style="padding:0;font-size:0;border-top:8px solid #000">
            <h3 style="color:#000;font:700 17px/25px arial,sans-serif;margin:5px 0 30px 0;letter-spacing:.2px">
             <span>
              HERE’S WHAT’S HAPPENING
             </span>
            </h3>
           </td>
          </tr>
         </tbody>
        </table>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          The F.T.C. banned noncompete agreements.
         </span>
         <span>
          The agency voted to
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          stop companies from using the contracts
         </a>
         <span>
          , arguing that they inhibit innovation and competition and that they are bad for workers. The decision sent a shock wave across Wall Street, with companies and their advisers looking for
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          other ways to keep staff
         </a>
         <span>
          , including expanding partnerships or L.L.C. structures and offering other incentives.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          The mining giant BHP made a $39 billion takeover bid for its rival Anglo American.
         </span>
         <span>
          The
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          proposal
         </a>
         <span>
          by the world’s largest mining company was all about getting more access to copper. The metal is a key component in the new energy economy, used in electric vehicles, infrastructure and more. Anglo American
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          rejected the unsolicited offer
         </a>
         <span>
          , which could lead to a higher bid.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          President Biden signed a bill that would force TikTok to split from its Chinese owner.
         </span>
         <span>
          The measure set the
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          clock ticking
         </a>
         <span>
          on a potential sale by ByteDance to divest the video platform within 270 days or face a ban in the U.S. ByteDance
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          denied a report
         </a>
         <span>
          that it was looking to sell the company.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          Tech giants reported earnings, and A.I. dominated.
         </span>
         <span>
          Meta kicked off tech earnings season with its best-ever first quarter. But investors
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          sent shares tumbling
         </a>
         <span>
          on worries over the high cost of its spending on artificial intelligence. A day later, Microsoft and Alphabet reported strong results and a similar commitment to A.I., but shareholders seemed more willing to give them the benefit of the doubt, and both stocks rose.
         </span>
        </p>
        <a class="" style="display:block;width:1px;height:1px;max-height:1px;overflow:hidden;color:transparent">
         Continue reading the main story
        </a>
        <table border="0" cellpadding="0" cellspacing="0" style="width:100%">
         <tbody>
          <tr>
           <td style="height:10px">
           </td>
          </tr>
          <tr>
           <td style="border-top:1px solid #dcdcdc;padding-top:15px">
           </td>
          </tr>
          <tr>
           <td>
            <h3 class="css-kf37zi" style="font:10px/13px arial,sans-serif;color:#666;letter-spacing:.7px;margin-bottom:7px;margin-top:0;text-align:center">
             ADVERTISEMENT
            </h3>
            <span style="width:100%;text-align:center">
             <table border="0" cellpadding="0" cellspacing="0" style="margin:0 auto">
              <tbody>
               <tr>
                <td colspan="2">
                 <a rel="noopener noreferrer nofollow">
                  <img alt="Ad" src="https://inboxflows.com/_/image/https%253A%252F%252Fliveintent.newyorktimesinfo.com%252Fimp%253Fs%253D269021%2526li%253DDK%2526m%253Ddfbfebeec3e396a6cb1a8b032a80246c%2526p%253DDK_20240427/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZsaXZlaW50ZW50LiIsInRpbWUiOjE3MTQyMTkyNzYuNTY1MDU3NX0:1s0gk0:5k_3zjcMFrAfLDQ5H6IWFPUmGbN2ouCQYGa1rtFqWxs" style="width:100%;max-width:600px" width="600"/>
                 </a>
                </td>
               </tr>
              </tbody>
             </table>
            </span>
           </td>
          </tr>
          <tr>
           <td style="padding-bottom:15px;border-bottom:1px solid #dcdcdc">
           </td>
          </tr>
          <tr>
           <td style="height:20px">
           </td>
          </tr>
         </tbody>
        </table>
        <table border="0" cellpadding="0" cellspacing="0" style="width:100%">
         <tbody>
          <tr>
           <td style="height:10px">
           </td>
          </tr>
          <tr>
           <td height="8" style="background-color:#000;font-size:0;line-height:0" width="100%">
           </td>
          </tr>
          <tr>
           <td style="height:20px">
           </td>
          </tr>
         </tbody>
        </table>
        <h2 class="css-12n1aic" style="color:#000;font:700 25px/32px arial,sans-serif;margin:0 0 10px">
         <span>
          Daniel Ek’s next act
         </span>
        </h2>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          For years, Daniel Ek, Spotify’s chief executive, has been laying into one of his personal peeves, the health care system. Among his beefs: Despite rising medical costs, many wealthy countries are making few, if any, gains in life expectancy.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          Ek has
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          left plenty of clues over the years
         </a>
         <span>
          that once he got Spotify on the right track — this week, the streaming giant posted
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          a record first-quarter profit
         </a>
         <span>
          after
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          layoffs last year
         </a>
         <span>
          — health care could be his next act. “I was like adamant to fix it,” Ek told DealBook.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          That next act is Neko Health
         </span>
         <span>
          , a start-up that says its full-body scans can help people detect disease sooner and live longer. Ek is a principal backer and co-founder of the company, along with another Swedish entrepreneur, Hjalmar Nilsonne. (It’s only the second time since Spotify that Ek has put the founder hat back on; the other was with his investment fund, Prima Materia.)
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          Ek and Nilsonne spoke to DealBook’s Bernhard Warner about their ambitions for Neko Health last month. Warner also underwent a scan. Read the full story and see what the procedure entails
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          here
         </a>
         <span>
          .
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          Neko Health has been doing brisk business in its first year in Stockholm
         </span>
         <span>
          . But it is relatively unknown outside Sweden. Last year, it
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          closed
         </a>
         <span>
          a $64 million funding round, led by the venture capital firms Lakestar, Atomico and General Catalyst, to expand to more markets. The first: London, this summer.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          The full-body scan market is crowded
         </span>
         <span>
          , with start-ups like Prenuvo and Ezra in the U.S. attracting investors and social media buzz. The concept has also faced plenty of skepticism. Medical professionals
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          say
         </a>
         <span>
          proactive screening technologies are not proven to achieve better outcomes for patient health or longevity. And the verdict is still out on the business model.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          “I would be super happy if this turned out to make me no money, but we actually solved real issues in the world for real people,” Ek said.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          Neko Health’s twist:
         </span>
         <span>
          It wants to make full-body scans as affordable and routine as an annual checkup. Its scan costs roughly $230, which is cheaper than most competitors’, including Prenuvo’s $2,499 full-body M.R.I. scan.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          The company’s founders acknowledge a slew of challenges.
         </span>
         <span>
          Regulatory hurdles are arduous, and the emergent preventative health care sector is still contending with increased skepticism in the wake of Theranos, Elizabeth Holmes’s failed blood-testing start-up that promised to usher in “
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          a new era of preventative health
         </a>
         <span>
          .”
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          “Blowouts” like Theranos, Mr. Ek said, risk undermining the public “trust in all of the subsequent companies that are coming.”
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          The metric Ek is most proud of: The company says the scans have helped patients detect life-threatening issues early. “You can actually save lives with this,” Ek said, adding, “and we have.”
         </span>
        </p>
        <table width="100%">
         <tbody>
          <tr>
           <td class="css-1ux4czy" style="padding-bottom:15px">
           </td>
          </tr>
          <tr>
           <td style="border-top:1px solid #dcdcdc;padding-bottom:15px">
           </td>
          </tr>
         </tbody>
        </table>
        <h2 class="css-12n1aic" style="color:#000;font:700 25px/32px arial,sans-serif;margin:0 0 10px">
         <span>
          ‘Make China great again:’ How Xi Jinping views the world
         </span>
        </h2>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          Xi Jinping is the most powerful Chinese leader since Mao Zedong. Understanding how he thinks is crucial for anyone trying to understand China’s long-term strategic ambition.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          In “The Political Thought of Xi Jinping,” Steve Tsang and Olivia Cheung, China experts at the School of Oriental and African Studies in London, examine the president’s writings, talks and statements to paint a picture of how he sees the world. DealBook spoke to Tsang about the book. This interview has been condensed and edited.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          What is “Xi Jinping thought”?
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          Xi Jinping thought is essentially about making China great again, both domestically and externally, by 2050. It’s based on a mythical conception of restoring China to its historic place at the center of the world.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          How does this connect to Xi’s approach to the rest of the world?
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          Xi wants to change the liberal international order by capturing institutions, like the United Nations, and transforming how they function to make them more China-friendly at the minimum or Sinocentric at the maximum.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          It also helps to explain why he is so hard-line on issues like Taiwan. From his perspective, China cannot be made great again without taking Taiwan back one way or another. And it will need to happen by 2050.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          What does this mean for business?
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          Xi is not against the private sector or foreign multinationals per se. The question is whether they are serving China’s national interest or not. If they are, terrific. When they cease to do so, they can sink or swim.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          For example, Tesla. When China wanted to crack the electric vehicle sector, Tesla was given special concessions to build its giga-factory in Shanghai. Once Chinese companies could compete with Tesla — and arguably
         </span>
         <span style="font-style:italic">
          outcompete
         </span>
         <span>
          Tesla — the company wasn’t granted any more special concessions.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          Are western C.E.O.s naïve when it comes to China?
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          No. What I would say is that they make the cardinal mistake of underestimating the Chinese and their Chinese competitors. When Tesla went into China, did Elon Musk seriously think that BYD was going to give him a run for his money? No. It’s an incapacity to understand the resourcefulness of Chinese competitors.
         </span>
        </p>
        <table width="100%">
         <tbody>
          <tr>
           <td class="css-1ux4czy" style="padding-bottom:15px">
           </td>
          </tr>
          <tr>
           <td style="border-top:1px solid #dcdcdc;padding-bottom:15px">
           </td>
          </tr>
         </tbody>
        </table>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-style:italic">
          We hope you’ve enjoyed this newsletter, which is made possible through subscriber support.
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-style:italic">
          Subscribe to The New York Times
         </a>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          .
         </a>
        </p>
        <table border="0" cellpadding="0" cellspacing="0" style="width:100%">
         <tbody>
          <tr>
           <td style="height:10px">
           </td>
          </tr>
          <tr>
           <td height="8" style="background-color:#000;font-size:0;line-height:0" width="100%">
           </td>
          </tr>
          <tr>
           <td style="height:20px">
           </td>
          </tr>
         </tbody>
        </table>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          Thanks for reading! We’ll see you Monday.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          We’d like your feedback. Please email thoughts and suggestions to
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          dealbook@nytimes.com
         </a>
         <span>
          .
         </span>
        </p>
        <a class="" style="display:block;width:1px;height:1px;max-height:1px;overflow:hidden;color:transparent">
         Continue reading the main story
        </a>
        <div style="overflow:hidden;height:0;width:100%;max-width:600px;margin:0 auto">
         <table border="0" cellpadding="0" cellspacing="0" width="40">
          <tbody>
           <tr>
            <td height="6">
             <img border="0" height="6" src="https://inboxflows.com/_/image/https%253A%252F%252Fliveintent.newyorktimesinfo.com%252Fimp%253Fs%253D124967600%2526sz%253D2x1%2526m%253Ddfbfebeec3e396a6cb1a8b032a80246c%2526p%253DDK_20240427%2526li%253DDK/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZsaXZlaW50ZW50LiIsInRpbWUiOjE3MTQyMTkyNzYuNTY1MTgzNH0:1s0gk0:xjFsA3rsBjy5aodCK0wGWrAkRkuBccTkq0ok_rd2UKc" width="2"/>
            </td>
            <td height="6">
             <img border="0" height="6" src="https://inboxflows.com/_/image/https%253A%252F%252Fliveintent.newyorktimesinfo.com%252Fimp%253Fs%253D124967601%2526sz%253D2x1%2526m%253Ddfbfebeec3e396a6cb1a8b032a80246c%2526p%253DDK_20240427%2526li%253DDK/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZsaXZlaW50ZW50LiIsInRpbWUiOjE3MTQyMTkyNzYuNTY1Mjk5fQ:1s0gk0:7tAEQnwCxyycBwxv5H6Pv7CsLXst1JzX719EeGadmn4" width="2"/>
            </td>
            <td height="6">
             <img border="0" height="6" src="https://inboxflows.com/_/image/https%253A%252F%252Fliveintent.newyorktimesinfo.com%252Fimp%253Fs%253D124967602%2526sz%253D2x1%2526m%253Ddfbfebeec3e396a6cb1a8b032a80246c%2526p%253DDK_20240427%2526li%253DDK/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZsaXZlaW50ZW50LiIsInRpbWUiOjE3MTQyMTkyNzYuNTY1NDU2OX0:1s0gk0:iaCU6Q_jjGE0nPi-3olIH-iLONgH_C1N4dJtoVDiZ-U" width="2"/>
            </td>
            <td height="6">
             <img border="0" height="6" src="https://inboxflows.com/_/image/https%253A%252F%252Fliveintent.newyorktimesinfo.com%252Fimp%253Fs%253D124967603%2526sz%253D2x1%2526m%253Ddfbfebeec3e396a6cb1a8b032a80246c%2526p%253DDK_20240427%2526li%253DDK/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZsaXZlaW50ZW50LiIsInRpbWUiOjE3MTQyMTkyNzYuNTY1NTgwMX0:1s0gk0:ASiRi-ty9Uo1488jMZiUjt79MXh5miJonpAbyBFY9vg" width="2"/>
            </td>
            <td height="6">
             <img border="0" height="6" src="https://inboxflows.com/_/image/https%253A%252F%252Fliveintent.newyorktimesinfo.com%252Fimp%253Fs%253D124967604%2526sz%253D2x1%2526m%253Ddfbfebeec3e396a6cb1a8b032a80246c%2526p%253DDK_20240427%2526li%253DDK/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZsaXZlaW50ZW50LiIsInRpbWUiOjE3MTQyMTkyNzYuNTY1Njg4MX0:1s0gk0:WDBz42ExEhbB7po88hrEEn7GCSRbPOH0faec5lSCl34" width="2"/>
            </td>
           </tr>
          </tbody>
         </table>
        </div>
        <table border="0" cellpadding="0" cellspacing="0" style="width:100%">
         <tbody>
          <tr>
           <td style="height:15px">
           </td>
          </tr>
          <tr>
           <td style="border-top:1px solid #dcdcdc;padding-top:22px">
           </td>
          </tr>
          <tr>
           <td style="font:13px/18px arial,sans-serif;padding-bottom:7px">
            <a class="css-13ccda7" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-weight:600;color:#000;-webkit-text-decoration:none;text-decoration:none;border-bottom:1px solid #ccc">
             Andrew Ross Sorkin
            </a>
            <span>
             , Founder/Editor-at-Large, New York
            </span>
            <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
             @andrewrsorkin
            </a>
           </td>
          </tr>
          <tr>
           <td style="font:13px/18px arial,sans-serif;padding-bottom:7px">
            <a class="css-13ccda7" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-weight:600;color:#000;-webkit-text-decoration:none;text-decoration:none;border-bottom:1px solid #ccc">
             Ravi Mattu
            </a>
            <span>
             , Managing Editor, London
            </span>
            <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
             @ravmattu
            </a>
           </td>
          </tr>
          <tr>
           <td style="font:13px/18px arial,sans-serif;padding-bottom:7px">
            <a class="css-13ccda7" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-weight:600;color:#000;-webkit-text-decoration:none;text-decoration:none;border-bottom:1px solid #ccc">
             Bernhard Warner
            </a>
            <span>
             , Senior Editor, Rome
            </span>
            <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
             @BernhardWarner
            </a>
           </td>
          </tr>
          <tr>
           <td style="font:13px/18px arial,sans-serif;padding-bottom:7px">
            <a class="css-13ccda7" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-weight:600;color:#000;-webkit-text-decoration:none;text-decoration:none;border-bottom:1px solid #ccc">
             Sarah Kessler
            </a>
            <span>
             , Deputy Editor, Chicago
            </span>
            <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
             @sarahfkessler
            </a>
           </td>
          </tr>
          <tr>
           <td style="font:13px/18px arial,sans-serif;padding-bottom:7px">
            <a class="css-13ccda7" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-weight:600;color:#000;-webkit-text-decoration:none;text-decoration:none;border-bottom:1px solid #ccc">
             Michael J. de la Merced
            </a>
            <span>
             , Reporter, London
            </span>
            <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
             @m_delamerced
            </a>
           </td>
          </tr>
          <tr>
           <td style="font:13px/18px arial,sans-serif;padding-bottom:7px">
            <a class="css-13ccda7" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-weight:600;color:#000;-webkit-text-decoration:none;text-decoration:none;border-bottom:1px solid #ccc">
             Lauren Hirsch
            </a>
            <span>
             , Reporter, New York
            </span>
            <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
             @LaurenSHirsch
            </a>
           </td>
          </tr>
          <tr>
           <td style="font:13px/18px arial,sans-serif;padding-bottom:7px">
            <a class="css-13ccda7" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-weight:600;color:#000;-webkit-text-decoration:none;text-decoration:none;border-bottom:1px solid #ccc">
             Ephrat Livni
            </a>
            <span>
             , Reporter, Washington D.C.
            </span>
            <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
             @el72champs
            </a>
           </td>
          </tr>
         </tbody>
        </table>
        <table>
         <tbody>
          <tr>
           <td style="height:15px">
           </td>
          </tr>
          <tr>
           <td style="padding:12px 0;border-top:1px solid #000">
            <p style="font:12px/15px arial,sans-serif;margin-bottom:7px;color:#666">
             Need help? Review our
             <a class="css-sdwaa1" style="-webkit-text-decoration:underline;text-decoration:none;color:#286ed0">
              newsletter help page
             </a>
             or
             <a class="css-sdwaa1" style="-webkit-text-decoration:underline;text-decoration:none;color:#286ed0">
              contact us
             </a>
             for assistance.
            </p>
            <p style="font:12px/15px arial,sans-serif;margin-bottom:7px;color:#666">
             <span>
              You received this email because you signed up for DealBook from The New York Times.
             </span>
            </p>
            <p style="font:12px/15px arial,sans-serif;margin-bottom:7px;color:#666">
             To stop receiving DealBook,
             <a class="css-sdwaa1" style="-webkit-text-decoration:underline;text-decoration:none;color:#286ed0">
              unsubscribe
             </a>
             . To opt out of other promotional emails from The Times, including those regarding The Athletic,
             <a class="css-sdwaa1" style="-webkit-text-decoration:underline;text-decoration:none;color:#286ed0">
              manage your email settings
             </a>
             . To opt out of updates and offers sent from The Athletic,
             <a class="css-sdwaa1" style="-webkit-text-decoration:underline;text-decoration:none;color:#286ed0">
              submit a request
             </a>
             .
            </p>
           </td>
          </tr>
          <tr>
           <td style="padding:10px 0;border-top:1px solid #dcdcdc">
            <p style="font:12px/15px arial,sans-serif;margin:0;color:#666">
             <a class="css-irp95o" style="-webkit-text-decoration:underline;text-decoration:none;color:#286ed0">
              Subscribe to The Times
             </a>
             <a class="css-aqjl7v" style="-webkit-text-decoration:underline;display:none;text-decoration:none;color:#286ed0">
              Get The New York Times app
             </a>
            </p>
           </td>
          </tr>
          <tr>
           <td style="padding:9px 0 8px;border-top:1px solid #dcdcdc">
            <table>
             <tbody>
              <tr>
               <td style="padding-right:15px">
                <p style="font:12px/15px arial,sans-serif;margin:0;color:#666">
                 Connect with us on:
                </p>
               </td>
               <td style="padding-right:15px">
                <a>
                 <img alt="twitter" height="25" src="https://inboxflows.com/_/image/https%253A%252F%252Fstatic.nytimes.com%252Femail-images%252Fdesign-system%252Fsocial-icons%252Ftwitter.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzdGF0aWMubnl0aSIsInRpbWUiOjE3MTQyMTkyNzYuNTY1ODIwMn0:1s0gk0:j0yJSPww36pCCz95EfR-UHU8fRM1G5jNK6auqP9pxrg" style="vertical-align:middle" width="25"/>
                </a>
               </td>
              </tr>
             </tbody>
            </table>
           </td>
          </tr>
          <tr>
           <td style="padding:10px 0;border-top:1px solid #dcdcdc">
            <p style="font:12px/15px arial,sans-serif;margin:0;color:#666;line-height:20px">
             <a class="css-76jd1b" style="-webkit-text-decoration:underline;display:inline-block;border-right:1px solid #dcdcdc;padding-right:10px;margin-right:10px;text-decoration:none;color:#286ed0">
              Change Your Email
             </a>
             <a class="css-76jd1b" style="-webkit-text-decoration:underline;display:inline-block;border-right:1px solid #dcdcdc;padding-right:10px;margin-right:10px;text-decoration:none;color:#286ed0">
              Privacy Policy
             </a>
             <a class="css-76jd1b" style="-webkit-text-decoration:underline;display:inline-block;border-right:1px solid #dcdcdc;padding-right:10px;margin-right:10px;text-decoration:none;color:#286ed0">
              Contact Us
             </a>
             <a class="css-sdwaa1" style="-webkit-text-decoration:underline;text-decoration:none;color:#286ed0">
              California Notices
             </a>
            </p>
           </td>
          </tr>
          <tr>
           <td style="padding:5px 0 7px;border-top:1px solid #dcdcdc">
            <a class="css-76jd1b" style="-webkit-text-decoration:underline;display:inline-block;border-right:1px solid #dcdcdc;padding-right:10px;margin-right:10px;text-decoration:none;color:#666;line-height:0">
             <img alt="LiveIntent Logo" src="https://inboxflows.com/_/image/https%253A%252F%252Fstatic.nytimes.com%252Femail-images%252Fdesign-system%252Fads%252Fliveintentads.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzdGF0aWMubnl0aSIsInRpbWUiOjE3MTQyMTkyNzYuNTY1OTM5fQ:1s0gk0:RiJKqJgUxIcmA9uqeXX5AKElXvtxkrRKG72ezB-jSKY" style="vertical-align:middle" width="150"/>
            </a>
            <a class="css-sdwaa1" style="-webkit-text-decoration:underline;text-decoration:none;color:#666;line-height:0">
             <img alt="AdChoices Logo" src="https://inboxflows.com/_/image/https%253A%252F%252Fstatic.nytimes.com%252Femail-images%252Fdesign-system%252Fads%252Fadchoices.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzdGF0aWMubnl0aSIsInRpbWUiOjE3MTQyMTkyNzYuNTY2MDk2M30:1s0gk0:SP5FBTFNc2nRwyHna-p1LnekegNUdWtKW3wvmedpzLs" style="vertical-align:middle" width="70"/>
            </a>
           </td>
          </tr>
          <tr>
           <td style="border-top:1px solid #dcdcdc;padding:10px 0 30px">
            <p style="font:12px/15px arial,sans-serif;margin:0;color:#999">
             The New York Times Company. 620 Eighth Avenue New York, NY 10018
            </p>
           </td>
          </tr>
         </tbody>
        </table>
       </div>
      </td>
     </tr>
    </tbody>
   </table>
   <!--[if mso | IE]>
      </td>
    </tr>
  </table>
  <![endif]-->
  </div>
  <script>
   window&&window.parent.window!==window&&function(){const e=document;for(var t=e.querySelectorAll("a"),r=0;r<t.length;r++)t[r].onclick=function(e){e.preventDefault()},t[r].style.cursor="default";(e.referrer.match(new RegExp("https://(.*?).nytimes.com"))||e.referrer.match("https://nytimes.com"))&&window.parent.postMessage({tableHeight:e.querySelector("table").scrollHeight},e.referrer)}()
  </script>
  <img alt="" border="0" height="1" src="https://inboxflows.com/_/image/https%253A%252F%252Fnl.nytimes.com%252Fq%252FgPg1JxH_2XwBEMNJ8KYx9g~~%252FAAAAAQA~%252FRgRoD24JPlcDbnl0QgpmJwnpLGbqyy7xUhNhZThiODM5YkB1aWZlZWQuY29tWAQAAAAD/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZubC5ueXRpbWVzLiIsInRpbWUiOjE3MTQyMTkyNzYuNTY2MjE1NX0:1s0gk0:B5iziqd7ehUU-xcRhTLej0niGnoMLB9YfF0Jn6PCh6M" width="1"/>
 </body>
</html>