SPACs don’t give anyone “a free pass” for exaggerating or leaving out key details about a company’s financial position or prospects, an SEC official said on Thursday, in a long statement about the risks involved with SPACs that was posted on the regulator’s web site. John Coates, the acting director of the SEC’s division of corporate finance, appeared to rebut the idea that one reason SPACs...
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Opinion Media/Telecom Entertainment
Why YouTube Sees Hollywood’s Future in the Creator Economy
Tuesday’s letter from YouTube Chief Business Officer Robert Kyncl to its 2 million–strong creator community—announcing that original content chief Susanne Daniels had resigned—read like the final salvo in YouTube’s recent PR campaign touting its creator economy successes. Consider: When Daniels started in her role in 2016, she was commissioning original scripted...
Google Urges Court To Throw Out Texas-led Antitrust Case Against Ad Tech Business
Twitter CEO Shakes Up Security Team
TikTok Owner ByteDance’s 2021 Revenue Rose 70%
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