U.S. investment firm Susquehanna International Group is trying to sell about $500 million of its shares in TikTok owner ByteDance on the secondary market, Bloomberg reported. But striking a deal may not be easy. SIG, one of ByteDance’s earliest and largest investors with a stake of about 15%, tried to sell some of its shareholdings earlier at a valuation of more than $400 billion, but failed...
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‘Winner-Take-Most’: Anthony Noto’s Ambitions for SoFi Take Shape
Anthony Noto has long had a knack for grabbing attention. When he was a top executive at Twitter, Noto struck a deal with the NFL to air Thursday night games, thrusting the social media service into the streaming market, to the surprise of even many Twitter employees, according to people who worked there at the time. More recently, SoFi Technologies, the financial services company Noto leads as...
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