Stripe has reduced the internal valuation of its shares by almost 30%, according to two people familiar with the decision. The payments company told employees last week that their shares were now worth $29, down from $40, they said. The Wall Street Journal first reported on Stripe’s move to cut its internal share price, which reduces the implied valuation of the payments company to $74...
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Is anybody else pumped for some appointment streaming this weekend? The first episode of HBO’s “House of Dragon,” the hotly anticipated prequel series to “Game of Thrones,” premieres Sunday night. Then, 12 days later, Amazon will debut its own fantasy series, “The Lord of the Rings: The Rings of Power,” on Sept. 2. It’s fair to say HBO and its debt-laden parent company, Warner Bros....
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