Maureen Farrell, reporter at The Wall Street Journal, and Emily Bary, reporter at MarketWatch, discuss the details of Spotify's public offering. Instead of going the traditional IPO route, the streaming giant will instead do a direct listing on the New York Stock Exchange.
We discuss the benefits of this type of filing as well as the risks associated with it. Bary and Farrell talk about how Spotify stands out from its competitors in the music streaming business. If Uber and Airbnb ever go public, they will reportedly pursue a direct listing, similar to Spotify.
Amazon will soon make prescription drugs fall from the sky when the e-commerce giant becomes the latest company to test drone deliveries for medications.
United Airlines says that it will start boarding passengers in economy class with window seats first starting next week, a move that will speed up boarding times for flights.
