Y Combinator’s Garry Tan Goes to the MatRead more

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China’s Government Mulls Changes to Tencent’s Payment Business

Chinese authorities are considering requiring Tencent to bring its WeChat Pay digital payment business under a new financial holding company, Bloomberg reported. Such a move could require WeChat Pay to obtain a new license to continue providing its service. The report comes as China’s government steps up its scrutiny of the country’s internet finance sector. Last year, Beijing forced Alibaba’s...

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Former Apple design chief Jony Ive and OpenAI CEO Sam Altman. Photos by Getty.
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Y Combinator’s Garry Tan Goes to the Mat
Garry Tan was in his happy place. Surrounded by food trucks and techies basking in San Francisco’s September sun, the CEO of Y Combinator snapped selfies with entrepreneurs as he meandered through a crowd of 2,700 attendees at the startup accelerator’s annual alumni event.
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