Alibaba plans to take its financial service affiliate Ant Group public and is looking for a valuation of more than $200 billion, Reuters reported. Ant is considering selling between 5% and 10% of its shares in the offering, the report said. Alibaba owns 33% of Ant, whose services include the Alipay digital payments service. Ant also operates Huabei, which extends credit lines to consumers so...
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States Are Taking Baby Steps Toward Protecting Kids Online
Seat belts protect children in cars. Safety standards protect children from faulty or dangerous toys. All these are the result of regulatory mandates. And yet for far too long, social media companies have been allowed to develop addictive design features such as endless scroll, autoplay and push alerts that keep kids and teens hooked on their products. The longer vulnerable kids and teens are...
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