Going Public Via SPAC

Great opportunities for businesses Here’s Which VC-Backed Companies Are Going Public Via SPAC This Year (So Far) Sophia Kunthara October 28, 2021 Sophia Kunthara@SophiaKunthara 276Share Going public through a special-purpose acquisition company is officially mainstream. Special-purpose acquisition companies, once looked down upon by Wall Street-types as a less respectable way to go public, have been […]

Coinbase customers complain about account hacking threat

Paxos renamed its token into Pax Dollar, and Coinbase customers complain about account hacking threat Paxos renamed its token into Pax Dollar Tech company Paxos has announced its decision to rename its own stablecoin. Now, instead of Paxos Standard (PAX), the token will be called Pax Dollar (USDP). As noted in the company’s blog, the […]

Restaurant Revitalization Grant Program

SBA’s Guidance On The $28.6 Billion Restaurant Revitalization Grant Program What Restaurants Need to Know Ahead of Its Anticipated Launch This week the Small Business Administration (SBA) provided guidance on how the $28.6 billion Restaurant Revitalization Fundwill work. The Restaurant Revitalization Fund provides for qualified restaurants and other food establishments to obtain tax-free federal grants […]

German fintech Wirecard collapses amid fraud allegations

A Bankrupt Fintech’s Big Sponsor German fintech Wirecard collapses amid fraud allegations. JULY 27, 2020 Author: MARK TOWNSEND More than 100 potential bidders lined up to acquire parts of Wirecard, Germany’s erstwhile fintech darling, which collapsed into insolvency with debts of €3.5 billion in June warning that €1.9 billion was missing from its balance sheet and […]

Microsoft launches Project Bonsai

Microsoft launches Project Bonsai, its new machine teaching service for building autonomous systems Project Bonsai speeds the creation of AI-powered automation to help improve product quality and efficiency while reducing downtime. At its Build developer conference, Microsoft today announced that Project Bonsai, its new machine teaching service, is now in public preview. If that name sounds […]