NYSE seeks SEC approval for more direct listings

NYSE seeks SEC approval for more direct listings

The New York Stock Exchange filed an amendment today with the Securities and Exchange Commission to allow for more direct listings. Direct listings offer a more streamlined method for companies to go public and raise capital than traditional IPOs — which entail a...
Facebook acquires VR studio behind ‘Lone Echo’

Facebook acquires VR studio behind ‘Lone Echo’

Facebook has been on a game studio acquisition spree over the past year, buying up developers behind some of the most popular VR titles. That trend continued today with the company’s acquisition of Ready at Dawn Studios, the developer behind the Lone Echo games, one...