The U.S. Committee on Foreign Investment is poring over startup deals, including smaller ones, for indications of Chinese involvement and access to sensitive technology, The Wall Street Journal said. A team of some two dozen working in the committee is looking closely at venture capital deals amid indications that panel’s importance will likely grow under the new Biden administration as they...
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Stripe Walks Tightrope to Stay Private. Could Other Firms Follow?
Thirteen years after starting Stripe, chief executive Patrick Collison is raising his company’s largest ever slug of cash from venture capitalists. And he plans to alter employees’ stock plans so the company can delay a public offering. Is this a sign that more tech firms will once again try to delay going public? Not necessarily. But Stripe is positioning itself to stay private for...
Dell to Lay Off 5% of Staff
FTX Sets Deadline for Politicians, Others to Return Donations
Apple Retailers in China Cut iPhone Prices
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