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Ant Considers Moving Financial Services to Holding Company

Ant Group, the Chinese financial technology company under attack by Chinese regulators, might move its financial business into a holding company that could be regulated like a bank, Bloomberg reported. This would allow Ant to continue operating financial services beyond its payments business, Bloomberg said. On Sunday, Chinese regulators ordered Ant to “return to payment origins” and rectify...

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Exclusive Travel Policy
Airbnb Used Facebook and Twitter to Weed Out Hate Groups
Rioters breached barricades to enter the U.S. Capitol  on Jan. 6. Photo: Bloomberg
For the past few years, a specialized team of about half a dozen employees within Airbnb has been assigned an urgent task: preventing white nationalists and other potentially dangerous fringe groups from renting homes on the site. Working inside the company’s trust and safety unit, the employees comb through Facebook, Twitter and far-right online forums and track where rallies are...
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