Credit Karma is in talks to sell its tax preparation business to Square, the Wall Street Journal reported Friday . The sale would ameliorate antitrust concerns surrounding Credit Karma’s pending $7.1 billion sale to Intuit, the maker of tax preparation software TurboTax, bookkeeping software QuickBooks and personal budgeting software Mint. The Justice Department would have to approve the sale...
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Data Show TikTok Shop Relies on Indonesia, Where Business Is Threatened
TikTok just cannot escape government scrutiny. Even as the hugely popular ByteDance-owned app expands in the U.S. despite a persistent threat of a ban, the Indonesian government has decided on a new regulation to ban online shopping on social media. That would hobble TikTok’s fast-growing shopping service in Indonesia, which is the single biggest market for TikTok Shop, as the service is...
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