BDG Media, the digital media company behind sites such as Bustle and Inverse, is acquiring Some Spider Studios, a smaller digital publisher of parenting websites including Scary Mommy and Fatherly, reports The Wall Street Journal . The all-stock transaction values Some Spider at about $150 million, according to the report. Bustle Digital Group and its chief executive, Bryan Goldberg, like...
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Opinion Asia Policy
China’s Tech Crackdown Is a Geopolitical Play
It hardly bears repeating that 2021 was a rough year for China’s platform companies. The firehose of new regulations and rolling crackdowns on everything from data security to overseas listings cost Chinese shares—including those of Didi, Meituan, Pinduoduo, JD.com, Tencent, and ByteDance—42% of their cumulative value in the U.S. and Hong Kong. Not so long ago, China held up...
China Plans to Require Big Internet Firms to Gain Approvals for Deals
Beijing Olympics Covid-Tracker App Has Security Flaws
NFT Gaming Company Animoca Brands Raised $360 Million at $5 Billion Valuation
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