Material – Headline
China's internet filters block many of Silicon Valley's biggest companies but have done little to stanch a Chinese obsession with its culture. David O. Sacks, who was charged with turning the embattled start-up around, is said to be possibly joining Donald J. Trump's transition team. The company, known for its beauty-enhancing app and phones made for self-portraits, plans to raise up to $710 million with its listing in Hong Kong. So-called fintech companies, which take deposits, make electronic payments or lend money, will be able to apply for bank charters from the Office of the Comptroller of the Currency. The launch hinges on approval by the Federal Aviation Administration, which is reviewing SpaceX's investigation of the Sept. 1 launchpad explosion. Once known for its disappearing messages, Snap, the parent of Snapchat, has moved into news and, with Spectacles, consumer devices. Spectacles, the video-recording sunglasses released by the company behind Snapchat, are among the most compelling tech gadgets of recent years. With two ambitious projects, Masayoshi Son, who created the parent company of Sprint, bets big on having a say in an increasingly mobile world. Patrick Gillooly of Monster takes issue with Cal Newport, who recently urged professionals to quit social media. Mr. Gillooly says the career benefits far outweigh the pitfalls. Questions continue to swirl over Facebook's handling of fake news stories and a tool it created that could potentially be used to censor content in China.