Mobile gaming firm Skillz Inc will float its shares on the New York Stock Exchange through a merger with Flying Eagle Acquisition Corp, a blank-check company founded by Hollywood executives Harry Sloan and Jeff Sagansky. The transaction will value Skillz at around $3.6 billion, according to Skillz.Wellington Management, Fidelity Investments, Franklin Templeton Investments and Neuberger […]
Archives for 2020
India’s ban on Chinese Apps not beneficial to anyone, says China
In Washington on Monday, China’s new export measures were widely seen as a potential poison pill for the TikTok deal. Beijing: China on Thursday said India’s decision to ban 118 Chinese APPs is not beneficial to the Indian users nor to China’s businesses and claimed it violated WTO rules. India on Wednesday banned 118 more […]
India’s ban on Chinese Apps not beneficial to anyone, says China
In Washington on Monday, China’s new export measures were widely seen as a potential poison pill for the TikTok deal. Beijing: China on Thursday said India’s decision to ban 118 Chinese APPs is not beneficial to the Indian users nor to China’s businesses and claimed it violated WTO rules. India on Wednesday banned 118 more […]
SoftBank is said to consider bid for TikTok in India
By Pavel Alpeyev, Giles Turner and Sarah McBride SoftBank Group Corp. is exploring assembling a group of bidders for TikTok’s India assets and has been actively looking for local partners, according to people familiar with the matter. Over the past month, the Japanese conglomerate, which owns a stake in TikTok’s Chinese parent ByteDance Ltd., has […]
SoftBank is said to consider bid for TikTok in India
By Pavel Alpeyev, Giles Turner and Sarah McBride SoftBank Group Corp. is exploring assembling a group of bidders for TikTok’s India assets and has been actively looking for local partners, according to people familiar with the matter. Over the past month, the Japanese conglomerate, which owns a stake in TikTok’s Chinese parent ByteDance Ltd., has […]
LEBC chief executive McVitie dies after short illness
Chartered Financial Planner Jack McVitie, the founder and chief executive of retirement advisory firm LEBC, has died after a short illness. The company said today that Mr McVitie will be “profoundly missed by his colleagues, his clients and his many friends in the industry.” Mr McVitie built the company up to become one of the […]
Robinhood faces SEC probe related to deals with high-speed traders: Report
Robinhood faces a probe by the U.S. Securities and Exchange Commission over its early failure to fully disclose its practice of selling clients’ orders to high-speed traders, the Wall Street Journal reported on Wednesday. The investigation is at an advanced stage and the company could pay a fine exceeding $10 million, the report added, citing […]
Robinhood faces SEC probe related to deals with high-speed traders: Report
Robinhood faces a probe by the U.S. Securities and Exchange Commission over its early failure to fully disclose its practice of selling clients’ orders to high-speed traders, the Wall Street Journal reported on Wednesday. The investigation is at an advanced stage and the company could pay a fine exceeding $10 million, the report added, citing […]
Learn All About Allowance for Doubtful Accounts (Aka Bad Debt Reserve)
When it comes to your small business, you don’t want to be in the dark. Your accounting books should reflect how much money you have at your business. If you use double-entry accounting, you also record the amount of money customers owe you. But, what happens if they don’t pay? To protect your business, you […]
COLLEGE OF BUSINESS HIRES TWO ACCOUNTING FACULTY – UCA Today
Mengyu Ma Qifeng Wu The University of Central Arkansas College of Business has hired two faculty members in its Department of Accounting. Mengyu Ma and Qifeng Wu were both hired as assistant professors of accounting. Ma was an instructor of accounting at Florida International University. Her research interests include financial reporting quality, information environment, equity […]