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?
Taylor Swift's concert tour has dominated the box office in recent days and it's also the top-grossing concert film of all time here in the U.S. But a conversation on social media raised questions about movie etiquette and videos shared show film audiences singing, shining their phone flashlights and dancing in the aisles.
Cheddar News is getting into the spirit of the spooky season. Senior reporter Michelle Castillo spoke with Cameron Lang, general manager of the Color Factory New York, an immersive art museum in Soho that focuses on exhibits of interactive art. Lang explained the displays of seasonal colors, a ball pit along with other fun exhibits.
