FaZe Clan public in $725 million SPAC, but Gen Z stock sinks in debut
[ad_1] Digital entertainment and esports brand FaZe Clan began trading on the Nasdaq Wednesday after completing a SPAC merger in a deal valued at $725 million, a big step for…
Snap shares dive 38% following poor earnings report
[ad_1] Shares of Snap fell 38% Friday, a day after the company reported disappointing second-quarter results. Snap missed Wall Street expectations on the top and bottom lines and said it…
Google will let Android developers use rival payments systems in Europe
[ad_1] An Android statue is displayed in front of a building on the Google campus on January 31, 2022 in Mountain View, California. Google parent company Alphabet will report fourth…
Twitter-Musk trial on $44 billion deal set to begin in October
[ad_1] Delaware Court of Chancery chancellor Kathaleen McCormick ruled in Twitter‘s favor on Tuesday for an expedited trial to force Elon Musk’s $44 billion acquisition of the company. The five-day…
TikTok owner ByteDance explores self-designed chips
[ad_1] While ByteDance is best known for its viral social media app TikTok, the Beijing-based company is now bolstering its ability in semiconductor design. ByteDance won’t be manufacturing chips to…