Installment lender Zip has succumbed to market pressures dragging down the buy now, pay later sector. The firm on Tuesday announced that it is terminating its prior agreement to buy its rival Sezzle in an all-stock deal that was initially valued at $354 million. Zip cited the current macroeconomic climate, which includes rising interest rates and lower consumer spending, as the reason it is no...
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Sequoia, Andreessen and Bessemer’s Beating and Snap’s Selfie Drone
Is anybody else pumped for some appointment streaming this weekend? The first episode of HBO’s “House of Dragon,” the hotly anticipated prequel series to “Game of Thrones,” premieres Sunday night. Then, 12 days later, Amazon will debut its own fantasy series, “The Lord of the Rings: The Rings of Power,” on Sept. 2. It’s fair to say HBO and its debt-laden parent company, Warner Bros....
China’s Cyber Regulator Wants “Affectionate” Ties With Tech Companies
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Snap Halts Development on Its Selfie Drone Pixy
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