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The Wall Street Journal is reporting that the payment company won't list until at least January, according to sources.
This comes just one day after Roblox also decided to put its IPO on hold after seeing the Airbnb and DoorDash IPOs skyrocket on their first days. It's unclear why Affirm is delaying its IPO, but the WSJ's sources mentioned the Airbnb and DoorDash IPOs, as well.
Karyne Levy ( @karynelevy) is the West Coast editor at Protocol. Before joining Protocol, Karyne was a senior producer at Scribd, helping to create the original content program. Prior to that she was an assigning editor at NerdWallet, a senior tech editor at Business Insider, and the assistant managing editor at CNET, where she also hosted Rumor Has It for CNET TV. She lives outside San Francisco with her wife, son and lots of pets.
Yes, GameStop is a content moderation issue for Reddit
The same tools that can be used to build mass movements can be used by bad actors to manipulate the masses later on. Consider Reddit warned.
WallStreetBets' behavior may not be illegal. But that doesn't mean it's not a problem for Reddit.
The Redditors who are driving up the cost of GameStop stock just to pwn the hedge funds that bet on its demise may not be breaking the law. But this show of force by the subreddit r/WallStreetBets still represents a new and uncharted front in the evolution of content moderation on social media platforms.
In a statement to Protocol, a Reddit spokesperson said the company's site-wide policies "prohibit posting illegal content or soliciting or facilitating illegal transactions. We will review and cooperate with valid law enforcement investigations or actions as needed."
More women are joining China's tech elite, but 'Wolf Culture' isn't going away
It turns out getting rid of misogyny in Chinese tech isn't just a numbers game.
Chinese tech companies that claim to value female empowerment may act differently behind closed doors.
Shen Lu is a Reporter with Protocol | China. She has spent six years covering China from inside and outside its borders. Previously, she was a fellow at Asia Society's ChinaFile and a Beijing-based producer for CNN. Her writing has appeared in Foreign Policy, The New York Times and POLITICO, among other publications. Shen Lu is a founding member of Chinese Storytellers, a community serving and elevating Chinese professionals in the global media industry.
A woman we'll call Fan had heard about the men of Alibaba before she joined its high-profile affiliate about three years ago. Some of them were "greasy," she said, to use a Chinese term often describing middle-aged men with poor boundaries. Fan tells Protocol that lewd conversations were omnipresent at team meetings and private events, and even women would feel compelled to crack off-color jokes in front of the men. Some male supervisors treated younger female colleagues like personal assistants.
Within six months, despite the cachet the lucrative job carried, Fan wanted to quit.
Shen Lu is a Reporter with Protocol | China. She has spent six years covering China from inside and outside its borders. Previously, she was a fellow at Asia Society's ChinaFile and a Beijing-based producer for CNN. Her writing has appeared in Foreign Policy, The New York Times and POLITICO, among other publications. Shen Lu is a founding member of Chinese Storytellers, a community serving and elevating Chinese professionals in the global media industry.