SPAC mania might be receding, especially among the digital-media sector, but that’s not stopping the former chief executive of CBS from trying. Joe Ianniello, who served as CEO of CBS right before it merged with Viacom in 2019, has formed a new special purpose acquisition company called Argus Capital Corp. for media, telecommunications and tech, according to an SEC filing . The firm hopes to...
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The Shaky Mental State of Silicon Valley
Hi, welcome to your Weekend! Next month, when the San Francisco Board of Supervisors reconvenes after its summer recess, one of the matters up for discussion will be a resolution to decriminalize the use of psychedelics. While San Franciscans have never needed Board approval to partake in the wonders of nature, you can bet plenty of tech workers around town will be rooting for a yay...
Peloton Announces Job Cuts, Store Closures and Price Hikes
South Korea’s Mirae Asset Management Led $250 million SpaceX Investment
Founder of Crypto Exchange Houbi in Talks to Sell Stake for $1 Billion
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