Maureen Farrell, Reporter at The Wall Street Journal, discusses Spotify's non-traditional approach to going public. The company will do a direct listing where three major banks will split a mere $30 million.
Farrell talks about the pros and cons of filing this way. Even though banks lose money with a filing like this, it gives more transparency to employees and investors when buying and selling shares of the company. Farrell also talks about the unprecedented nature of such a filing, noting that there are concerns about whether the direct listing will go smoothly. If the listing goes well, will other tech companies follow suit?
Not many franchises have fueled society’s timeless fascination with the boundless possibilities of a utopian future like “Star Trek.”
Anyone can sign up to attend a test screening before a movie is completed.
Netflix CEO Ted Sarandos claims audiences don't want to watch Netflix movies in theaters, but that seems not to be the case recently.
The original Birkin bag created by Hermès for Jane Birkin in 1984 is up for auction in Paris. Sotheby’s expects the iconic bag to sell for hundreds of thousands of euros on Thursday.
Apple has its first box-office hit. According to studio estimates Sunday, “F1 The Movie” debuted with $55.6 million in North American theaters.
The humble water gun — the cheap, squirt-squirt variety — has become the weapon of choice and symbol of Spain's anti-tourism protests.
