#Bill Ackman’s SPAC drops B Universal Music Group deal

#Bill Ackman’s SPAC drops $4B Universal Music Group deal

“#Bill Ackman’s SPAC drops $4B Universal Music Group deal” Billionaire investor Bill Ackman announced Monday that his firm is dropping plans to use his SPAC to invest in Universal Music Group after the Securities and Exchange Commission raised questions over the deal. Ackman announced last month that his SPAC, or special-purpose acquisition company, called Pershing…

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# Australian online broker SelfWealth to offer crypto trading

# Australian online broker SelfWealth to offer crypto trading

“# Australian online broker SelfWealth to offer crypto trading ” SelfWealth, a share trading platform listed on the Australian Securities Exchange, is planning to offer cryptocurrency trading as part of its 2021 roadmap. On Monday, SelfWealth officially announced that the company will partner with an “established and secure cryptocurrency exchange” to offer crypto trading on its…

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#Pandemic’s tech ‘saviors’ face lefty-reg heat

#Pandemic’s tech ‘saviors’ face lefty-reg heat

“#Pandemic’s tech ‘saviors’ face lefty-reg heat” SUN VALLEY, Idaho — It should have been a glorious time for the tech and media honchos who gathered here last week at this posh mountain ­resort.  The nation is recovering from a horrible pandemic, which they helped us survive. Recall how Netflix binging made the lockdowns ­almost bearable….

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# Capital International purchased 0M in MicroStrategy stock

# Capital International purchased $600M in MicroStrategy stock

“# Capital International purchased $600M in MicroStrategy stock ” Financial services company Capital International invested more than half a billion dollars into business intelligence firm MicroStrategy stock. In MicroStrategy’s filings to the U.S. Securities and Exchange Commission, or SEC, for the second quarter of 2021, the firm disclosed Capital International Investors has purchased 953,242 shares…

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#Meme stocks rally fades, investors ‘falling out of love’

#Meme stocks rally fades, investors ‘falling out of love’

“#Meme stocks rally fades, investors ‘falling out of love’” So-called meme stocks are falling out favor with investors as prices tumble and interest in them wanes. Purchases of meme stocks, which include GameStop, AMC, Bed Bath & Beyond and others, fell sharply last week, according to data from Vanda Research. Purchases of meme stocks tumbled…

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