TikTok said it has reached an agreement on a settlement of 19 class-action lawsuits which allege the popular app violated data privacy rights of its users, but California is holding out. The Chinese-owned app which lets users easily create and share short videos was accused of illegally scanning the faces of children and sending confidential information about adult users to China, Bloomberg...
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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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