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Reddit’s IPO Filing Is Missing Something: Cofounder Alexis Ohanian

Reddit cofounders Steve Huffman and Alexis Ohanian spent about eight straight years living together, initially as college room mates, playing World of Warcraft late into the night and later working together on the foundations of the discussion forums service now frequented by nearly 270 million people. But that history was missing from Reddit’s sales pitch to investors published Thursday announcing its plans to go public on the New York Stock Exchange: Reddit’s filing with the US Securities and Exchange Commission didn’t…

Filing: Samsung sold 1.58M ASML shares, or 0.4% of ASML, worth ~$930M in September 2023, reducing its stake to zero, as Samsung looks to new…

Bloomberg: Filing: Samsung sold 1.58M ASML shares, or 0.4% of ASML, worth ~$930M in September 2023, reducing its stake to zero, as Samsung looks to new areas of chipmaking — The world's largest memory maker sold about 1.58 million shares, or 0.4%, of ASML, according to its most recent quarterly financial report filed to regulators. Bloomberg: Filing: Samsung sold 1.58M ASML shares, or 0.4% of ASML, worth ~$930M in September 2023, reducing its stake to zero, as Samsung looks to new areas of…

Paytm's parent One 97 Communications Ltd shifts nodal Account to Axis Bank

Paytm's parent One 97 Communications Ltd shifts nodal Account to Axis Bank Paytm's parent One 97 Communications Ltd shifts nodal Account to Axis Bank FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to…

Sofia Vergara, Joe Manganiello finalise divorce seven months post initial filing | Hollywood

Sofia Vergara and Joe Manganiello have finally come to an agreement to finalise their divorce. As per a new file report by People magazine on Friday, the divorce case is being handled as an uncontested action. The two had tied the knot in Florida in November 2015, and announced their separation last year in July. (Also read: Sofia Vergara, Joe Manganiello announce divorce after 7 years of marriage: 'We politely ask for respect of our privacy') Sofia Vergara and ex husband Joe Manganiello(Instagram/sofiavergara)…

Jeff Bezos to sell up to 50 million Amazon shares by January-end next year, filing shows

Amazon.com founder Jeff Bezos will sell up to 50 million shares in the online retail and cloud services firm over the next one year, according to a company filing on Friday.The securities are worth $8.6 billion at the current price of $171.8 share. The sale plan, which is subject to certain conditions, was adopted on Nov. 8 last year and will be completed by Jan. 31, 2025, according to the company’s latest annual report. Show Full Article Amazon shares ended…

CAKE electric motorcycle company filing for bankruptcy

CAKE, the Swedish electric motorcycle maker known for its eye-catching designs, is reportedly filing for bankruptcy after failing to raise enough funding to keep operations afloat. Swedish media has reported that CAKE’s board is submitting a bankruptcy application. There has been no announcement from the company itself, which as recently as last week was still making press announcements including about further European expansions. CAKE had also just begun delivering its newest electric…

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Apple: US moves closer to filing sweeping antitrust case against Apple

The Justice Department is in the late stages of an investigation into Apple and could file a sweeping antitrust case taking aim at the company's strategies to protect the dominance of the iPhone as soon as the first half of this year, said three people with knowledge of the matter.The agency is focused on how Apple has used its control over its hardware and software to make it more difficult for consumers to ditch the company's devices, as well as for rivals to compete, said the people, who spoke anonymously because the…

Jack Smith Rejects Trump’s Immunity Claim in New Filing

Jack Smith and his team filed a new brief on Saturday with the D.C. Circuit Court of Appeals, which rejected Donald Trump’s claims that he’s immune from prosecution over his attempts to overturn the 2020 presidential election on the basis he was president at the time and that he was acquitted by the Senate following being impeached over his actions. “Rather than vindicating our constitutional framework, the defendant’s sweeping immunity claim threatens to license Presidents to commit crimes to remain in office,”…

Jack Smith Previews Plan for Trump Trial in New Filing

A new filing to D.C.’s District Court has revealed Special Counsel Jack Smith’s strategy to convict former President Donald Trump in his upcoming 2020 election interference trial.  Details contained in the Tuesday filing, a notice of evidence to be introduced in the trial, indicate that Smith and his team plan to present the court with a far-reaching historical review of Trump’s baseless claims of election fraud, some of it dating back years before Trump even assumed the presidency.  “In an abundance of…