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Compelled

‘Mortal Kombat’ Creator Feels Compelled to Wade Into ‘The Flash’ Discourse

This article contains spoilers for The Flash. The Flash may have been a massive disappointment for fans, but the creator of Mortal Kombat, Ed Boon, has his own concerns when it comes to the internet’s negative disposition. There’s just something about the internet that makes people meaner. Perhaps it’s the anonymity combined with the echo chamber that amplifies negative opinions over positive ones but either way, there’s no doubt that harsh opinions and ridicule spread around the web faster than positive or even…

Banks compelled to retain debt from Twitter deals, here’s why

The debt package for the Twitter deal comprises junk-rated loans, which are risky because of the amount of debt the company is taking on, as well as secured and unsecured bonds (Illustration: Rahul Awasthi)People familiar with the matter said the banks providing $13 billion in financing for Tesla CEO Elon Musk's acquisition of Twitter Inc. have abandoned plans to sell the debt to investors because of uncertainty around the social media company's fortunes and losses. The banks are not planning to syndicate the debt, as is…

Reliance Defends Takeover of Future Stores in Letter, Says Mounting Dues Compelled It to Act Beyond Expectations

India's top retailer, Reliance, has privately defended an abrupt takeover of the stores of debt-laden rival Future Retail, saying mounting dues of $634 million (roughly Rs. 4,800 crore) compelled it to act beyond expectations, a company letter shows.The takeover was part of the race to dominate a $900-billion (roughly Rs. 68,11,875 crore) retail sector that set off a bitter dispute in which India's Supreme Court will decide whether Reliance or Amazon.com gets to scoop up Future's assets.The March 8 letter, seen by…