The Securities and Exchange Commission is expected to approve the New York Stock Exchange’s proposal for loosening rules around capital raises in direct listings, similar to how it approved Nasdaq’s request earlier this month, Bloomberg reported. The revised rules would dictate how companies that go public through direct listings can raise money in the deals. The new Nasdaq rule would...
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Apple’s New Headset Makes Meta Look Like AR’s BlackBerry
Apple may have just BlackBerried Meta Platforms’ Quest devices. Apple’s presentation of its mixed-reality headset, the Vision Pro, on Monday seems likely to spell the beginning of the end for Meta’s ambitions in augmented reality and virtual reality. Remarkably, given the endless amounts of media coverage devoted to this device over the past couple of years, Apple’s presentation felt...
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