Microsoft has emerged as a potential buyer of TikTok. The news, first reported by the New York Times, comes a few hours after reports first surfaced that the Trump administration was planning to order ByteDance to sell TikTok’s U.S. operations. A sale would satisfy the demands of that order. But as we’ve previously reported, simply splitting off TikTok from ByteDance isn’t easily done, with the...
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Stripe in Talks to Raise Up to $3 Billion From Current Investors
Less than a week after telling employees that it would evaluate a public offering over the next year, payments giant Stripe is moving quickly on a deal to raise as much as $3 billion from its existing investors. The talks, which have heated up in recent days, are likely to value the company at between $55 billion and $60 billion, according to one person involved in the potential deal....
TikTok CEO To Testify Before Congress
SoftBank’s Ex-COO Claure to Join Shein as Head of Latin America
Biden Administration May Fully Cut Off Huawei From U.S. Suppliers
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