Tesla and Square Are Up On Their Bitcoin Purchases
With Bitcoin hitting all-time highs, here’s a look at how much Tesla and Square’s Bitcoin purchases are up.
Management Transition Filing Sows Confusion
Filing multiple 8-K forms without a press release was "our bad," says ZASH Global Media CEO Ted Farnsworth.
Crypto Exchange Bakkt Begins Trading on NYSE
ICE-owned Bakkt went public via a SPAC merger with VPC Impact Acquisition Holdings.
SeatGeek Going Public Via SPAC
The merger with RedBall Acquisition values the mobile-centric ticketing platform at $1.35 billion.
Emerson to Merge Software Units With AspenTech
The cash-and-stock transaction values the new company at $160 a share.
SPAC Merger Calendar: Upcoming Votes
WeWork, Redbox, NextNav, Bakkt, and Algoma Steel are among the companies scheduled to merge with a SPAC this month.
FedEx Rerouting 600K Packages a Day Due to Worker Shortage
The labor shortage had a $450 million impact on the company’s quarterly results.
Amazon’s Warehouse Productivity Measure Sparks New California Law
The new law will prohibit companies from enforcing quotas and penalties that hamper employees' health and safety.
Intuit to Buy Email Marketing Firm Mailchimp for $12B
The deal is expected to close in the second quarter of next year and lift Intuit’s fiscal 2022 earnings.
Walmart Confirms No Partnership With Litecoin
A fake press release said the retailer would begin accepting payments in Litecoin, driving up the cryptocurrency's price by over 26%.
SPAC Activity Falls in Q2
The second quarter marked the lowest quarter of SPAC offerings since last year's second quarter.