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Klarna files for a US IPO, with plans to list on the NYSE under KLAR, seeking to raise at least $1B and reportedly targeting a valuation of more than $15B (Bloomberg)
Block says it is expanding consumer lending through Cash App Borrow after obtaining FDIC approval to issue loans out of its subsidiary Square Financial Services (MacKenzie Sigalos/CNBC)
The UK held a hearing for Apple’s legal battle with the government over providing a backdoor in its Advanced Data Protection service, without the media present (Dan Milmo/The Guardian)

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