The tech founder told authorities in a November meeting that they could “take any of the platforms” of the financial-technology firm, sources told The Wall Street Journal. Ant Group declined to confirm details of the conversation, citing confidentiality. (The Wall Street Journal)

Talking point: The offer came as the company prepared to go public, a move Chinese regulators later blocked. Like governments around the world, Beijing has targeted technology platforms for scrutiny and regulation; unlike others, it has recently forced the breakup of domestic conglomerates. Regulators are reportedly considering options on Ant including having state banks or investors acquire stakes, which would allow it to meet higher capital requirements.