Arasu Kannagi Basil on Muck Rack

Arasu Kannagi Basil

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Articles

Vimeo owner Bending Spoons likely to open 14% above IPO price in Nasdaq debut

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By Arasu Kannagi Basil Verified, Elvira Pollina Verified
| The Star (Malaysia) Verified
July ⁠1 (Reuters) - Bending Spoons is set for its U.S. market debut later on Wednesday after the Italian technology company ⁠priced its initial public offering above the range to raise $1.68 billion. Its stock was indicated to open ‌at $33, giving the Milan-based company a potential valuation of roughly $21 billion. The listing will test investor appetite for software companies after the industry was hammered earlier this year by fears that AI could disrupt established business models.
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Consortium including Visa, Mastercard jointly launch new global stablecoin

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By Emily Gregg, Arasu Kannagi Basil Verified
| The Journal Record Verified
Summary: – Visa, Mastercard, Coinbase and other partners launched Open Standard and the new Open USD stablecoin. – The initiative aims to make stablecoins easier and less expensive for businesses to use at scale. – Open USD is expected to launch later this year following new U.S. stablecoin regulations. A consortium including Visa, Mastercard and Coinbase on Tuesday launched a new joint stablecoin in a bid to broaden the adoption of the digital tokens.
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US consumers favor homebuying over renting for first time since 2023, BofA study shows

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By Saeed Azhar Verified, Arasu Kannagi Basil Verified
| Billings Gazette Verified
A majority of U.S. consumers now say they would prefer to buy a home rather than rent or move in with family, the first time since 2023 that sentiment has favored homeownership, according to Bank of America's latest homebuyer insights report. kAm%96 7:?5:?8D A@:?E E@ :>AC@G:?8 D6?E:>6?E E@H2C5 9@>6@H?6CD9:A[ 6G6? 2D 6=6G2E65 >@CE8286 C2E6D[ 9:89 9@>6 AC:46D 2?5 =:>:E65 9@FD:?8 DFAA=J 4@?E:?F6 E@ H6:89 @?
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