Twitter recently held talks to acquire the audio social app Clubhouse for about $4 billion, according to Bloomberg . The report notes that talks aren’t currently happening but that the two companies discussed a deal in “recent months.” While it’s unclear why the talks stopped, they explain an earlier report from Bloomberg that Clubhouse is now seeking to raise money at a $4 billion...
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Why the CFTC’s Binance Lawsuit Is Good News for Coinbase
Privately held crypto exchanges are setting new lows in corporate governance. If you thought the initial bankruptcy filing for Sam Bankman-Fried’s FTX was stunning in what it revealed about how that company was run, check out the Commodity Futures Trading Commissions lawsuit against Binance today. Here’s a business empire controlled by one person, Changpeng Zhao, which has no board of directors...
Zoom Adds OpenAI Productivity Features, Launches Digital Assistant
Ten Private Equity Firms Contacted Sumo Logic Before Buyout
Lyft CEO Steps Down, Likely to Spark Sale Speculation
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