Comcast is folding its venture capital arm into its corporate business development division as it seeks to focus its investments more on its business initiatives. The move isn’t a surprise given that Comcast Ventures head, Amy Banse, announced she was departing in September. Now the investment team will report to longtime Comcast executive Sam Schwartz. Comcast Ventures over the years has...
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Watching for Peak SPAC: The Information’s Tech Briefing
Have we hit peak SPAC yet? You could have asked that question any day over the past few weeks, or months. But lately things truly seem to be hitting a new level. Four new SPAC mergers were unveiled today alone, according to SPACInsider. Adult entertainment service Stripchat said it was planning a SPAC. We reported that a Chinese private equity firm was planning a SPAC. Underlying the SPAC...
Facebook Bans Myanmar Military Accounts After Coup
Hong Kong Tycoon Li Ka-Shing Plans to Launch SPAC
ViacomCBS Debuts Paramount+
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