Online payments company Paysafe agreed to go public by merging with a special purpose acquisition company, the firms announced in a press release Monday morning . The payments firm will merge with a SPAC led by billionaire Bill Foley, called Foley Trasimene Acquisition Corp. II. The merger will value Paysafe at $9 billion, including a $2 billion private placement from long-term investors such as...
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The Takeaway Policy COVID-19
What Tech Can Do for Local Governments, Pandemic Edition
There was a period early in the pandemic when I wondered if Covid-19 would be the crisis that finally pushed Silicon Valley and Washington together. Google was promising to develop a website with nationwide information about testing and risk levels. In a rare collaboration to help the government and health officials, Apple and Google said they would team up on contact-tracing apps. Not much has...
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