Tech companies are seeing significantly more funding before they go public.
What's new: Data from CB Insights shows that in the last eight years, the median amount of funding raised has jumped by more than four times to just under $300 million as of early December. That data includes IPOs or direct listings of U.S.-headquartered, VC-backed tech companies on major U.S. exchanges only.
Go deeper: Unprofitable company IPOs were a big zero in 2019
Illustration: Sarah Grillo/Axios
Two new court actions — one by the Supreme Court and another by a federal judge — together highlight and raise the energy stakes of November's election.
Why it matters: The legal actions mean the results of the 2020 election could very well decide the fate of Keystone XL and Dakota Access, two projects at the heart of battles over fossil fuel infrastructure.
Illustration: Eniola Odetunde/Axios
Secretary of State Mike Pompeo told Fox News' Laura Ingraham on Monday that the Trump administration is "looking at" a ban on Chinese social media app TikTok.
Why it matters: Lawmakers have long expressed fears that the Chinese government could use TikTok to harvest reams of data from Americans — and actions against the app have recently accelerated worldwide, highlighted by India's ban.