AT&T wants final bids for its satellite TV service DirecTV by Friday, say people familiar with the situation. Potential buyers include private equity giant Apollo Global Management and Churchill Capital Corp, a special purpose acquisition company. AT&T is hoping to announce a deal to sell a majority stake in DirecTV by the end of the year, helping it pay off a chunk of its debt as well...
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Why the Smart Money Is Headed to Europe
For years, Europe has run a distant second to the U.S. when it comes to creating and supporting tech startups. Not anymore. Over the last year, the startup scene in Europe has exploded. In 2021 alone, the European tech ecosystem has created unicorns at a rate of at least one a week, with more money invested in the first three months of this year than in the first six months of 2020—which...
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