Business

Chamath Palihapitiya-backed Metromile SPAC fails to live up to its promise

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Insurtech startup Metromile is selling at a steep discount. If it can come back will depend on Lemonade. Read More

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Airbnb Has $47 billion market worth in blockbuster IPO

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Airbnb, over hours DoorDash virtually decreasing in its trading debut, priced its first public offering above a {} range to increase approximately $3.5 billion, according to individuals knowledgeable about the issue. The home-rental firm’s IPO — expected for decades by keen investors — shirts DoorDash’s $3.37 billion supplying for a flurry of consumer-facing online businesses […]
Business

YouTube says it will bar Trump from posting videos for one week, but stops short of deleting his account

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YouTube removed new content from U.S. President Donald Trump’s channel, citing concerns about the potential of violence following the riot at the U.S. Capitol last week. Trump’s channel now has its first strike against it, barring it from uploading new content for at least seven days, YouTube said in a tweet, without providing details on the […]
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Stocks and crypto slump after inflation data heats up

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U.S. stocks closed in the red following red-hot inflation numbers. Read More