Tech

Fintech startup Pagaya nears $9 billion SPAC deal

Pagaya Technologies Ltd. is close to an agreement to go public through a merger with a special-purpose acquisition company that would value the financial-technology startup at about $9 billion, said people familiar with the matter.

TikTok launches mental health resources amid Instagram backlash

TikTok detailed a new effort to provide resources for those struggling with mental health or body image issues on Tuesday, an initiative that was announced as rival platform Instagram faces scrutiny over its potentially negative impact on teenage users.