Trump's TRUTH Social app wants to 'fight back against Big Tech'. Here's what his new venture really meansTMTG wants to build a "non-cancellable" global community - including a social media platform, streaming service, news division and alternat...
Former US President Donald Trump launches 'TRUTH' social media platformTRUTH Social will be created through a new company formed by a merger of the Trump Media and Technology Group and a special acquisition com...
Europe's IPO market roars back to life but where are the SPACs?SPACs became one of Wall Street's hottest investment trends last year as many retail investors stuck at home during COVID-19 lockdowns plac...
Forbes to go public via $630 mln SPAC merger to expand consumer businessForbes, one of the oldest media outlets in the United States, will merge with Hong Kong-based Magnum Opus Acquisition Ltd, a SPAC led by Jo...
Forbes magazine publisher to go public via $630 million SPAC mergerForbes, one of the oldest media outlets in the United States, will merge with Magnum Opus Acquisition Ltd, a special purpose acquisition co...
IPO boom prompts ICICI Bank to hire more investment bankersThe new roles will be concentrated in sectors such as technology and health care, Ajay Saraf said.
SPACs: The devil lies in the structureSPAC IPO investors tend to be a group of very savvy hedge funds, sometimes referred to as the “SPAC Mafia”, and other large institutional i...
Data skimmersIn today's ETtech Top 5: the personal data of around half a billion LinkedIn users is up for sale online, and more.
SPACs vs RBIElsewhere in today’s ETtech Morning Dispatch: The rise of the summarisers; Big Tech firms explore a workaround to India’s new social media ...
Sebi, IFSCA look at setup for ‘blank cheque cos’ in IndiaThe development comes even as the corporate affairs ministry is pushing for norms on direct listing of companies on foreign stock markets —...
Sorry folks, the SPAC party's overEven with prices crashing, SPACs have so far been able to keep raising capital. However, their IPOs are no longer massively oversubscribed
Blank-check companies look to India for next wave of targets, says NomuraReNew Power last week agreed to merge with a U.S.-listed special purpose acquisition company in a deal that will give India’s biggest renew...
SPACs turn to 'stonks' as amateur traders take on more riskAn army of amateur traders that has fueled a rally in heavily shorted stocks, or "stonks," such as GameStop Corp , has discovered the arcan...
ETtech Evening Briefing on Feb 19, 2021: SPACs explained, govt squeezes social mediaSPACs are back from the wilderness. Social media companies may get just 36 hours to junk ‘unlawful’ posts in India. Elon Musk says Bitcoin ...
SoftBank-backed Grofers weighs listing via US SPAC dealGrofers is weighing a plan to go public in the US through a merger with a special purpose acquisition company (SPAC) at a valuation of $1 b...
SoftBank prepares to file for SPAC IPO worth up to $600 million on Monday: ReportSuch a move would see Masayoshi Son's SoftBank joining the rush for SPACs, shell vehicles that raise money in an initial public offering (I...
SoftBank, armed with billions in cash, joins blank check bingeSoftBank is now looking at ways to deploy the cash it’s raised, and has recently launched an asset management unit that’s putting money int...