Brendan Carr, one of five commissioners at the Federal Communications Commission, said the U.S. Council on Foreign Investment should ban TikTok, in an interview with Axios . “I don’t believe there is a path forward for anything other than a ban,” Carr, who is a Republican, said. Concerns over TikTok’s Chinese ownership have permeated for years. In 2020, the Trump administration threatened...
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Stripe in Talks to Raise Up to $3 Billion From Current Investors
Less than a week after telling employees that it would evaluate a public offering over the next year, payments giant Stripe is moving quickly on a deal to raise as much as $3 billion from its existing investors. The talks, which have heated up in recent days, are likely to value the company at between $55 billion and $60 billion, according to one person involved in the potential deal....
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