by Katherine Huggins | Dec 8, 2021 | Business & Tech, Featured
WASHINGTON — Chief executives of six cryptocurrency companies testified before Congress on Wednesday, as legislators contemplate increased regulation and oversight of the rapidly growing financial industry. “Currently, cryptocurrency markets have no overarching or...
by Katherine Huggins | Nov 18, 2021 | Business & Tech, Featured
Shares of Sweetgreen surged 86% in its market debut on Thursday, following an upsized IPO that priced the salad chain’s shares at $28. Sweetgreen planned to sell 12.5 million shares priced at $23-$25, according to a Tuesday SEC filing. But the company said in a...
by Katherine Huggins | Nov 10, 2021 | Business & Tech
Electric vehicle maker Rivian had the largest IPO since 2014, and surpassed both Ford and General Motors in its valuation on Wednesday. Its initial public offering price was set at $78, but by market open, shares were $106.75 a piece. During its NASDAQ debut, shares...
![Cyberspace Law Reform Receives Bipartisan Support from Lawmakers]()
by Zoya Mirza | Oct 28, 2021 | Business & Tech, Featured
WASHINGTON –– Cyber policy experts, tech auditors, and Congressional lawmakers from both sides of the aisle pushed for reforming cyberspace laws such as Section 230 of the Communications Decency Act, and called for transparency on data from social media platforms in a...
by Andrew Marquardt | Oct 26, 2021 | Business & Tech, Featured
WASHINGTON – Despite deploying similar algorithmic tools to advertise and accelerate growth to massive numbers of users – includings millions of teenagers – social media sites like Snapchat and TikTok have largely evaded the public and Congressional eye as of late....
by Katherine Huggins | Oct 20, 2021 | Business & Tech
PayPal made an offer to purchase digital photo sharing site Pinterest for $45 billion, Reuters reported on Wednesday, citing multiple people familiar with the matter. Reports of the acquisition caused Pinterest stock to jump 11%, while PayPal dipped by about 5%....
