The European Commission has banned its staff from using TikTok, the popular video app owned by Chinese internet giant ByteDance, The Guardian and other news outlets reported. The commission, the European Union’s executive arm, has ordered its employees to remove TikTok not only from work devices but also from personal devices that use the commission’s apps and email service, citing...
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The Briefing markets startups
Forget the IPO Window. Watch for More M&A
Here’s some food for thought about initial public offerings. Yesterday I asked Brex co-CEO Henrique Dubugras when he thought the IPO window would open. His fintech company, after all, is one of many that could be beating down that door. Having raised $1.5 billion in funding, Dubugras said the company has a plan to break even off its existing funding. When I ask the IPO question, I usually...
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