StockX has tapped Morgan Stanley and Goldman Sachs to work on its planned initial public offering that could happen as early as the first half of this year, Bloomberg reported on Wednesday. Detroit-based StockX, which connects buyers and sellers of popular sneakers, gaming consoles and other collectibles and takes a cut of the sale, has been a potential IPO candidate for at least a year now....
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Senators Target Google With New Bill to Break Its Grip on Murky Ad Tech Market
A bipartisan group of U.S. senators that has been trying to rein in Google and other big tech companies plans to introduce a bill that would regulate the shadowy world of online ads more like how the government regulates Wall Street. The draft bill, aiming to prevent potential conflicts of interest, would effectively force Google to sell or spin off major parts of its dominant advertising...
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