Page 14 - Dan Primack News Today

Reports: Amazon Deal To Buy MGM Studios For $9 Billion Nearly Done 1 week ago According to numerous reports Amazon is very close to a deal to buy MGM Studios and its film library for nearly $9 billion with debt. This would significantly alter the streaming wars and give Amazon a huge base of over 4,000 titles, 17,000 hours of TV as well as the Epix pay-TV network. An agreement is expected this week unless their is a last-minute hitch. Some on Twitter have concerns about Amazon’s growing pow...

Industry groups respond to relaxed CDC guidelines, unvaccinated adults open to financial incentives, and Apple reacts to employee outcry over new hire Also: Ellen DeGeneres announces her show to leave the air, social platforms respond to vaccine disinformation researchers, and Twitter users question vaccine promotions. Hello, communicators: Ellen DeGeneres has announced that her talk show will end after its upcoming 19th season and she will seek new challenges and opportunities as a creative pe...

Peloton Treadmills Recalled After One Death, 70 Incidents The U.S. Consumer Product Safety Commission announced Wednesday a voluntary recall of the The Peloton Tread+ and the Peloton Tread. The commission already had warned users in April. Anyone who has either treadmill should stop using it immediately and contact Peloton. A full refund is available for those who return the machines. About 125,000 units are involved. The company has stopped the sale and distribution of the Tread+ and is workin...

The Market Activity April 3, 2021 | News Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading. Want it in your inbox every Saturday? Sign up here.  Happy Saturday, everyone. I do hope that you are in good spirits and in good health. I am learning to nap, something that has become a requirement in my life after I realized that the news cycle is n...

You might have just missed the best time to sell your startup Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading. Want it in your inbox every Saturday? Sign up here.  Happy Saturday, everyone. I do hope that you are in good spirits and in good health. I am learning to nap, something that has become a requirement in my life after I realized that the ...

Kaltura puts debut on hold. Is the tech IPO window closing? More signs of dropping temperatures in a formerly scorching climate for tech debuts The Exchange just yesterday discussed a downward revision in the impending Compass IPO and the disappointing Deliveroo flotation as signals that market demand for high-growth, unprofitable tech shares could be slipping. Recent news underscores the possibly chilling conditions. This morning, Kaltura, a technology company that provides video streaming so...

Image The federal bailouts sought by C.E.O.s like Doug Parker of American Airlines saved jobs — but at a high cost.Credit...Chip Somodevilla/Getty Images Socializing losses, privatizing gains Major U.S. airlines have received more than $50 billion in grants in multiple rounds of taxpayer-funded bailouts during the pandemic. As travel begins to rebound and the stock market cruises to record highs, Andrew asks in his latest column: Was the rescue worth it? The good news: The bailouts probably s...

To print this article, all you need is to be registered or login on Mondaq.com. On March 11, 2021, the SECs Investor Advisory Committee convened and hosted a panel discussion regarding special purpose acquisition companies (SPACs).  The panel aimed to shed light on the recent increase in SPAC activity, the risks associated with this increased activity, and potential policy implications. Acting SEC Chair Allison Lee delivered opening remarks.  She noted that SPACs act a...

Too Much To Handle: Froot Loop Cereal As Pizza Topping Shocks Twitter Too Much To Handle: Froot Loop Cereal As Pizza Topping Shocks Twitter Breakfast cereal pizza made with Froot Loops has gone viral on social media. Take a look at how Twitter users reacted. Read Time: 2 min Highlights A pizza outlet came up with a breakfast pizza made with cereal Twitter users reacted to the bizarre food creation Pizza has become one of the most favourite comfort foods across the world. Crusty pizza dough topp...

Mere days after we discussed Coinbase at $77 billion and Stripe at $115 billion in the private markets, those same semi-liquid exchanges have provided a new valuation for the cryptocurrency company. It’s now $100 billion, per Axios’ reporting. Good thing we argued last week that there could be some merit to Coinbase’s $77 billion secondary market […]