SPAC

Healthcare

23andMe Gives Up on its Drug Development Dream

Photo by Mike Mozart via CC BY 2.0

A treasure trove of genetic data may hold the key to a revolution in drug development, but it offers no clues for building a business.

2 min read

Photo by Scott S via CC BY 2.0

Regulation

The SEC Is Finally Cracking Down on SPACs

Regulators voted in new rules aimed at protecting investors considering investing in the nontraditional setup.

1 min read

Photo by Hapabapa via iStock

Finance

‘Just the Beginning’: BlackRock CEO Hails Record Revenues, Assets, Inflows

The asset manager announced annual revenues rose 14%, topping $20 billion for the first time, with record net inflows of $641 billion.

2 min read
Photo by Sven Piper via Unsplash

Industrials

Boeing Reveals Just How Bad a Year it Had

It’s basic Newtonian physics, as Boeing just learned: When the sky falls for a company, so, too, will the bottom line.

1 min read
Photo by Anete Lusina via Pexels

Artificial Intelligence

Generative AI-ifying Alexa is Way Harder than Amazon Thought

The company’s struggle gives us a glimpse into how the wider world of voice assistants is trying to keep up with the technology zeitgest.

2 min read

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