Hours after telling Amazon employees to delete TikTok from their devices over security concerns, the company said it hasn’t banned the app after all. “This morning’s email to some of our employees was sent in error,” an Amazon spokeswoman said in a statement to The Information. “There is no change to our policies right now with regard to TikTok.” The statement amounted to an abrupt reversal...
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Inside the Culture Clash at JPMorgan and WePay
When JPMorgan Chase struck a $400 million deal to buy WePay in late 2017, it pledged that the Bay Area fintech would become “Chase’s payments innovation incubator in Silicon Valley,” helping the country’s biggest bank compete with surging startups Stripe and Square and payments companies like PayPal. But it didn’t all go to plan. As the bank tried to digest the...
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