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Analysis: at least eight companies that went public via SPACs filed for bankruptcy since June 2022, almost 100 are spending unsustainably, and 73 trade below $1 (Bloomberg)

[ad_1] Bloomberg: Analysis: at least eight companies that went public via SPACs filed for bankruptcy since June 2022, almost 100…

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Technology

Sources: Arm decided against a London listing for now to focus on a sole New York listing later this year; SoftBank aimed for a $60B+ valuation for Arm in 2022 (Bloomberg)

[ad_1] Bloomberg: Sources: Arm decided against a London listing for now to focus on a sole New York listing later…

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Technology

How Commerce Department Secretary Gina Raimondo became a key part of the US' stricter China policy, including helping with the CHIPS Act, exports, and TikTok (Bloomberg)

[ad_1] Bloomberg: How Commerce Department Secretary Gina Raimondo became a key part of the US’ stricter China policy, including helping…

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Technology

Email: FTX's derivatives exchange LedgerX tells clients to send domestic wire transfers to Signature Bank instead of Silvergate Bank going forward (Bloomberg)

[ad_1] Bloomberg: Email: FTX’s derivatives exchange LedgerX tells clients to send domestic wire transfers to Signature Bank instead of Silvergate…

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Enterprenuers

Elon Musk Is the Richest Man In the World — Again | Entrepreneur

[ad_1] Well, that was quick. Elon Musk is now worth $187 billion, according to the latest installment of the Bloomberg…

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Technology

Financial institutions like BofA, Citigroup, Deutsche Bank, Goldman Sachs, Wells Fargo, and JPMorgan Chase are restricting internal use of tools like ChatGPT (Bloomberg)

[ad_1] Bloomberg: Financial institutions like BofA, Citigroup, Deutsche Bank, Goldman Sachs, Wells Fargo, and JPMorgan Chase are restricting internal use…

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Technology

The US says the focus of its $39B chip making fund, a part of the $52B CHIPS Act, is on strengthening national security, not subsidizing struggling companies (Bloomberg)

[ad_1] Bloomberg: The US says the focus of its $39B chip making fund, a part of the $52B CHIPS Act,…

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Technology

Source: the DOJ is preparing to file an antitrust suit to block Adobe's Figma acquisition as soon as next month; Adobe says it expects to close the deal in 2023 (Bloomberg)

[ad_1] Bloomberg: Source: the DOJ is preparing to file an antitrust suit to block Adobe’s Figma acquisition as soon as…

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Technology

A look at Twitter v. Taamneh and the US Supreme Court's struggle to determine whether social media companies can be held responsible for aiding terrorism (Bloomberg)

[ad_1] Bloomberg: A look at Twitter v. Taamneh and the US Supreme Court’s struggle to determine whether social media companies…

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Technology

A social media post by two academics at the Chinese Academy of Sciences outlines plans to circumvent US chip sanctions, including patents on next-gen chipmaking (Bloomberg)

[ad_1] Bloomberg: A social media post by two academics at the Chinese Academy of Sciences outlines plans to circumvent US…

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