The U.S. Senate has passed a bill to block federal employees from using TikTok on government-owned devices, Reuters reported. The bill still needs to be approved by the House of Representatives and signed by the president in order to take effect. The move is the latest example of how TikTok, owned by Chinese internet giant ByteDance, is coming under intense scrutiny in Washington amid growing...
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MoonPay Is Trying to Reinvent Itself
In case you missed it, I scooped Tuesday that insiders at MoonPay, including its DJ-turned-CEO Ivan Soto-Wright, sold $150 million worth of shares in a secondary transaction as part of its $555 million November 2021 funding round. And a few weeks after the Series A announcement, Soto-Wright bought a $38 million Miami Beach estate that was previously owned by retired Miami Heat star Chris Bosh....
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