Online used car marketplace Shift announced Tuesday it has completed its merger with a special purpose acquisition company, or SPAC, called Insurance Acquisition Corp. The merger will provide Shift with $300 million to invest in its business. Shares of Shift will begin trading Wednesday, October 14 on the Nasdaq under the ticker symbol “SFT” and warrants under “SFTTW.” Shift generated $166...
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The Weekend culture policy
Ban It, Divest It or Regulate It? Washington Looks for an Answer to TikTok
Hi, welcome to your Weekend!Interesting dinner table discussion this week: My 13-year-old daughter, hearing about Nancy Scola’s cover story on TikTok’s war in Washington, offered her prediction for what would happen if the U.S. took the drastic step of banning the app.“Every teenager in America would refuse to come out of their rooms,” she said. “They’d be so mad. They just wouldn’t go out...
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