Page 4 - Meredith Mazzilli News Today : Breaking News, Live Updates & Top Stories | Vimarsana

You can add another deal to the growing SPAC frenzy. Personal finance app SoFi announced plans in early January to go public via a merger with a SPAC backed by Social Capital head and billionaire Chamath Palihapitiya. The deal would value SoFi at nearly $9 billion. SCH analyzed over 100 potential business combination targets, connecting with 33 of them to discuss a potential deal, a filing noted.  Other stories readers loved this week: Former Theranos CEO Elizabeth Holmes leaves after a hearing at a feder...

From Shannen Balogh: Square's bread-and-butter market of small businesses has been hard hit by the coronavirus pandemic, which forced brick-and-mortar sellers to shift online. For 2020,  in-person spending was roughly flat compared to what Square saw in 2019.  But Square is doubling down on its in-person tech, launching a set of products to help businesses manage the new normals of brick-and-mortar commerce. It's is also focused on embracing new models of shopping by linking online and in-store payments, giving merchants options when it comes to sales. Wealth management and asset managemen...