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Twitter Partners with eToro to Let Users Buy and Sell Stocks, Crypto

April 13, 2023

Jody Serrano

Elon Musk’s Twitter, which the billionaire said this week is now being run by his dog, has closed a partnership deal with the online investing platform eToro, proving that the company might not be as radioactive as some people might think. Read more…
Read more: Twitter Partners with eToro to Let Users Buy and Sell Stocks, Crypto
Business, Business News, Catalog, catalog sales, Finance, investments, Nari Matsuura, Tech Industry, Tech News

The Woman Behind Music’s Most Important Catalog Valuations Explains How It’s Done

April 10, 2023

Elizabeth Dilts Marshall

Citrin Cooperman partner Nari Matsuura oversaw roughly 750 catalog valuations worth more than $15.5 billion between 2021 and 2022.
Read more: The Woman Behind Music’s Most Important Catalog Valuations Explains How It’s Done
alexspiro, Banking, barbaramoses, business2cfinance, charliejavice, chasebank, damianwilliams, elizabethholmes, Finance, financialservices, frank, houseofmorgan, jpmorganchase, law2ccrime, olivieramar, primarydealers, Tech Industry, Tech News, usdepartmentofjustice

Startup CEO Charged With Fraud After Allegedly Faking User Base to Secure $175 Million From JPMorgan

April 4, 2023

Kevin Hurler

After allegedly lying her way into a $175 million deal with JPMorgan to purchase her student loan startup Frank, former CEO Charlie Javice has officially been charged with fraud by the U.S. Department of Justice.Read more…
Read more: Startup CEO Charged With Fraud After Allegedly Faking User Base to Secure $175 Million From JPMorgan
author_name|Mariella Moon, Finance, Investment & Company Information, language|en-US, Professional Services, provider_name|Engadget, region|US, site|engadget, Tech Industry, Tech News

Virgin Orbit files for bankruptcy protection as it seeks a buyer

April 4, 2023

Mariella Moon

Virgin Orbit has filed for Chapter 11 bankruptcy protection a few days after officially shutting down its space launch operations. The private space company has been burning money for a while now and reported a loss of $49.2 million in its last fiscal quarter. It tried to raise money in late 2021 by going public…
Read more: Virgin Orbit files for bankruptcy protection as it seeks a buyer
Business, Business News, Finance, Music Stocks, Spotify, stocks, Tech Industry, Tech News, universal music group

Music Stocks Gain on Strong Week from Spotify, Live Nation, MSG Entertainment

March 31, 2023

Glenn Peoples

The 20-company Billboard Global Music Index rose 4.2%, with more than two-thirds of companies in positive territory.
Read more: Music Stocks Gain on Strong Week from Spotify, Live Nation, MSG Entertainment
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Exactly Who Is the Investor Behind Virgin Orbit’s Failed $200 Million Rescue?

March 31, 2023

Tim Fernholz—Quartz

“I definitely believe that a large part of it [is] as a space enthusiast.” That’s what Matthew Brown told CNBC on March 23, when asked why he was considering a $200 million investment into Virgin Orbit, a nearly bankrupt rocket company.Read more……
Read more: Exactly Who Is the Investor Behind Virgin Orbit’s Failed $200 Million Rescue?
author_name|Will Shanklin, Finance, language|en-US, Politics & Government, provider_name|Engadget, region|US, site|engadget, Tech Industry, Tech News

Stricter guidance means fewer EVs will qualify for $7,500 federal tax credit

March 31, 2023

Will Shanklin

The US Treasury Department issued updated guidance today about which electric vehicles qualify for the federal $7,500 EV tax credit under the Inflation Reduction Act (IRA) that President Biden signed last year. Although the new guidelines add more confusion than clarity, it’s evident that fewer EVs will be eligible.The updated rules target mineral sourcing in…
Read more: Stricter guidance means fewer EVs will qualify for $7,500 federal tax credit
author_name|Will Shanklin, Finance, language|en-US, Politics & Government, provider_name|Engadget, region|US, site|engadget, Tech Industry, Tech News

Stricter guidance means fewer EVs will qualify for $7,500 federal tax credit

March 31, 2023

Will Shanklin

The US Treasury Department issued updated guidance today about which electric vehicles qualify for the federal $7,500 EV tax credit under the Inflation Reduction Act (IRA) that President Biden signed last year. Although the new guidelines add more confusion than clarity, it’s evident that fewer EVs will be eligible.The updated rules target mineral sourcing in…
Read more: Stricter guidance means fewer EVs will qualify for $7,500 federal tax credit
Business, Finance, Madison Square Garden Entertainment, msg sphere, Tech Industry, Tech News, Touring

MSG Entertainment Finalizes Spinoff Plans

March 30, 2023

Glenn Peoples

The live entertainment company will break away from Sphere, MSG Networks and Tao Group Hospitality on April 20.
Read more: MSG Entertainment Finalizes Spinoff Plans
author_name|Mariella Moon, Finance, Investment & Company Information, language|en-US, provider_name|Engadget, region|US, site|engadget, Tech Industry, Tech News

Faraday Future finally starts FF 91 production after repeated delays

March 30, 2023

Mariella Moon

When Faraday Future released its earnings report for 2022 earlier this month, it said it’s on track to begin the production of its first vehicle. The company had a lot of false starts since it was founded in 2014 and had to push back the model’s production and shipment dates again and again. This time,…
Read more: Faraday Future finally starts FF 91 production after repeated delays

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