Stock exchange operator Nasdaq said on Thursday it will acquire Canadian fintech firm Verafin, which makes fraud detection and anti money laundering software, for $2.75 billion in cash. The deal will strengthen Nasdaq’s existing suite of regulatory technologies, enabling regulatory agencies and Nasdaq’s network of almost 250 banks, broker-dealers, exchanges and buy-side organizations to take...
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The Weekend culture policy
Ban It, Divest It or Regulate It? Washington Looks for an Answer to TikTok
Hi, welcome to your Weekend!Interesting dinner table discussion this week: My 13-year-old daughter, hearing about Nancy Scola’s cover story on TikTok’s war in Washington, offered her prediction for what would happen if the U.S. took the drastic step of banning the app.“Every teenager in America would refuse to come out of their rooms,” she said. “They’d be so mad. They just wouldn’t go out...
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