Capital One buys Brex for $5.15B

Ok, ok, maybe the whole TikTok thing is a done deal at long last? Amazon is planning another major round of layoffs. Are Epic Games and Google doing an end-run around the judge? Capital One acquires Brex. And, of course, The Weekend Longreads Suggestions.

• Trump’s TikTok deal is a gift to China (FT)
• Exclusive: Amazon plans thousands more corporate job cuts next week, sources say (Reuters)
• Epic and Google have a secret $800 million Unreal Engine and services deal (The Verge)
• Apple Expands Hardware Chief's Role (Bloomberg)
• Capital One Strikes $5.15 Billion Deal for Fintech Brex (WSJ)

Weekend Longreads Suggestion:

• Russia, Ukraine and the race for Chinese drone components (FT)

Learn more about your ad choices. Visit megaphone.fm/adchoices