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 Briefing Asia Markets
Covid’s Tech Stars Twinkle Again—at Least Today
Life in our pandemic-dominated world increasingly feels like one of those scary TV series where just when you think the monster has been vanquished, you realize it’s still alive. Today’s big market sell-off on news of the new Covid-19 variant in South Africa—dubbed Omicron by the World Health Organization—is a good reminder of how vulnerable the market is to another flareup of the virus....
Tech Stocks Fall as New Covid Variant Leads to Market Sell-Off
Quarterly Results From Meituan and Pinduoduo Highlight Challenges for China Tech
China’s Government Asks Didi Global to Devise Plan to Delist From U.S.
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