Online consumer lender Affirm is delaying its IPO, the Wall Street Journal reported, following a similar move by gaming company Roblox reported on Friday. Both delays come amid a booming market for tech IPOs. Both DoorDash and Airbnb went public this past week and saw their stocks soar past their IPO prices, raising questions whether the IPO’s bankers had underpriced the offering. DoorDash...
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TikTok’s Last Stand: Can an Army of Lobbyists Quell a Washington Uprising?
There’s perhaps no one in Washington who distrusts TikTok quite as much as Brendan Carr. Carr, a 44-year-old Donald Trump appointee to the Federal Communications Commission, has spent much of the last year going around cable news and elsewhere calling for the hugely popular short-video app to be restricted, if not banned, over its ties to Chinese parent company, ByteDance. TikTok is a...
Bankrupt Online Wine Seller Winc Finds Buyer For Assets
Salesforce Shakes Up Board
Japan and Netherlands To Join U.S. Restrictions on Chip Machinery Exports to China
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