Technology · 12:33 PM UTCU.S. House panel to take up Big Tech antitrust bills amid vociferous criticism
The House Judiciary Committee will take up a package of six antitrust bills on Wednesday, many aimed at reining in Big Tech, with heated debate expected on both sides of the issue.
TechnologySelf-driving truck tech firm Embark to go public via $5.2 bln SPAC deal
Embark Trucks Inc said on Wednesday it will merge with a blank-check firm, in a deal that will give the private equity firm Tiger Global Management backed self-driving truck technology developer a market capitalization of $5.2 billion.
TechnologyAfterpay to let U.S. users 'buy now, pay later' at major U.S. merchants
Afterpay (APT.AX) said on Wednesday it will allow some of its U.S. users to shop at merchants the Australian 'buy now, pay later' (BNPL) firm does not partner with, such as Amazon (AMZN.O), further squeezing competition in the booming sector.
TechnologyBiometric security firm Clear Secure targets $2.2 bln valuation in U.S. IPO
Clear Secure Inc, which uses biometric technology to validate identity, is looking to raise as much as $396 million through a U.S. initial public offering at a valuation of about $2.2 billion, according to a regulatory filing on Wednesday.