Private Debt Club Lends $2.5 Billion for Vista’s Avalara Buyout
A group of private lenders led by Blue Owl Capital Inc. has agreed to provide a $2.5 billion loan to finance Vista Equity Partners’ acquisition…
Category: Technology
Cathie Wood Says Regulatory ‘Uncertainty’ Spurred Paring of Ark’s Coinbase Stake
Cathie Wood said Ark Investment Management’s sale of some of its Coinbase Global Inc. holdings last month came after what the firm viewed as regulatory…
Bitcoin Miner Marathon’s Loss Widened as Coin Prices Tumbled
Marathon Digital Holdings Inc.’s second-quarter loss widened as the price of Bitcoin tumbled and costs related to the exit of a Montana facility climbed. The…
Take-Two Shares Drop After Annual Profit Forecast Misses Estimates
Take-Two Interactive Software Inc. missed analysts’ estimates for annual profit after incorporating results from its purchase of mobile-game maker Zynga earlier this year. The shares…
Northrop Taps SpaceX for Cargo Launches Ahead of Antares Upgrade
Northrop Grumman Corp. has purchased three Falcon 9 launches from Elon Musk’s SpaceX as Northrop works to replace Russian-made rocket engines on its own vehicle…
SoFi Shares Fall After SoftBank Says It Will Sell All or Part of Stake
SoftBank Group Corp. is selling at least part of its 9% stake in SoFi Technologies Inc., part of a sweeping effort at the Japanese conglomerate…
Crypto Mixer Tornado Cash’s Accounts Are Disabled After US Sanctions
After the US Treasury Department said it had barred American companies and individuals from using a so-called crypto mixer known as Tornado Cash, fans of…