Maureen Farrell, Reporter at The Wall Street Journal, discusses Spotify's non-traditional approach to going public. The company will do a direct listing where three major banks will split a mere $30 million.
Farrell talks about the pros and cons of filing this way. Even though banks lose money with a filing like this, it gives more transparency to employees and investors when buying and selling shares of the company. Farrell also talks about the unprecedented nature of such a filing, noting that there are concerns about whether the direct listing will go smoothly. If the listing goes well, will other tech companies follow suit?
Late-night talk show host Stephen Colbert revealed on social media Monday that he's recovering after surgery, wiping out planned shows for Tuesday, Wednesday and Thursday.
With Disney's latest animated movie 'Wish' out in theaters now, fans are criticizing the film's villain as not being authentic enough compared with classic villains.
