Funko, the maker of those ubiquitous Pop! figurines, has filed for an initial public offering. The official plan is to raise $100 million, but that's likely a placeholder.
Big number: $204 million, which is the amount of revenue Funko reports for the first half of 2017. But it also has a $10 million loss for that period, all of which can be attributed to interest payments tied to the Everett, Wash.-based company's acquisition by private equity firm Acon Investments in late 2015.
Photo: Ben Stansall/AFP via Getty Images
BP posted a $6.7 billion second-quarter loss and cut its dividend in half Tuesday while unveiling accelerated steps to transition its portfolio toward low-carbon sources.
Why it matters: The announcement adds new targets and details to its February vow to become a "net-zero" emissions company by mid-century.
Illustration: Eniola Odetunde/Axios
Women are pushing back against the gender imbalance in media by launching their own news nonprofits and focusing on topics many traditional news companies have long ignored.
Why it matters: "The news business is already gendered," says Emily Ramshaw, co-founder and CEO of The 19th*, a new nonprofit, nonpartisan newsroom reporting at the intersection of women, politics and policy.
Illustration: Aïda Amer/Axios
President Trump's crackdown on TikTok suggests that the U.S. government is starting to see the internet more like China does — as a network that countries can and should control within their borders.
The big picture: Today's global internet has split into three zones, according to many observers: The EU's privacy-focused network; China's government-dominated network; and the U.S.-led network dominated by a handful of American companies. TikTok's fate suggests China's model has U.S. fans as well.