Paytm, India’s leading digital payments company is near a deal to secure $2 billion in new funding from investors including Ant Financial and SoftBank Group, according to this article from Bloomberg. The financing, which the article says would be split between debt and equity, would value the company at $16 billion, making it among the region’s more highly valued startups. It would still trail...
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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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