Fastly, which provides a “content delivery network” that boosts performance of video and audio services on the internet, said in a letter to shareholders that TikTok parent ByteDance has removed most of its traffic from its service. This illustrates how the threat of a U.S. ban on TikTok is affecting technology providers that help power the popular video-sharing app. It’s an especially big...
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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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