The Democratic nominee for president signaled Tuesday night that he doesn’t plan to make things any easier for companies like Uber and DoorDash over thorny labor issues if he wins the election. Joe Biden said he supported a recently passed California state law, called AB5, that aims to force Uber and its ilk to reclassify their drivers or delivery couriers as employees instead of keeping them as...
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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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So much for Facebook’s efforts to become less political. Meta Platforms’ decision Wednesday to allow former President Donald Trump back onto both Facebook and Instagram threatens to undermine efforts Meta has made over the past two years to reduce the amount of political content people see in their Facebook feed.