NYSE gets approval for cheaper IPO alternative for companies amid SPAC boom
The New York Stock Exchange has won the approval of regulators to allow companies new shares through direct listings, creating a cheaper alternative to the traditional first public offering. The Securities and Exchange Commission said Wednesday night in an order that it approved a new type of direct listing where …
Read More »Apple Beats 1 radio station is now Apple Music 1
An advertisement for Apple Music is placed on a street in New York. Getty Images Apple on Tuesday renamed its flagship radio station, Beats 1, to Apple Music 1. It also introduced two new radio stations, Apple Music Hits and Apple Music Country. Shares of Spotify, which competes with Apple …
Read More »In Battle Royale vs. Apple, Spotify and Match Group cast support behind ‘Fortnite’ developer Epic Games
“Fortnite” maker Epic Games is targeting a bona fide dust-up against Big Tech, and it is gaining the support of other leading app developers in the process. Spotify Technology Inc. SPOT, -0.92% and Match Group Inc. MTCH, + 1.15% has recently issued statements in support of Epic, which has filed …
Read More »Uber, Spotify, Tesla, Zoom Video
A pedestrian walks past a sign in front of Uber headquarters on May 18, 2020 in San Francisco, California. Justin Sullivan | fake pictures Check out the companies making headlines at noon on Monday: Dominion Energy, Berkshire Hathaway – Berkshire Hathaway gained 2.2% after the conglomerate said it is spending …
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