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Singapore Superapp Grab To Go Public With $40 Billion Valuation In SPAC Deal

April 14, 2021

Grab Holdings said it has reached a deal to go public in the U.S. by merging with a special-purpose acquisition company (SPAC) that will value the nine-year-old company at about $39.6 billion. The ride-hailing and food delivery giant is raising more than $4 billion by combining itself with Altimeter Growth Corp. in what would be the la...

Coronavirus Editors' Pick Healthcare Innovation Science Technology

Here’s What Scientists Know About Covid-19 Vaccine Blood Clots, And How The Risks Can Be Diminished

April 13, 2021

On Tuesday, the CDC and FDA recommended that states pause the administration of the Johnson & Johnson Covid-19 vaccine after six rare blood clots that were potentially linked to the vaccine were reported. Earlier this week, the European Medicines Association (EMA) reported it was investigating four cases of blood clots related to the Johnson &a...

Business Editors' Pick Media Real Estate

SoftBank-Backed Better.Com Places Top Executive On Leave After Bullying Complaints

April 13, 2021

There’s more executive turmoil swirling at Better.com, one of the mortgage industry’s hottest new startups, and it’s hitting just days after reports that SoftBank is investing $500 million of new funding that values the business at $6 billion. Elana Knoller, Better’s chief product officer, has been placed on administrative leave following allegat...

Breaking breaking-news Business Coronavirus Editors' Pick Healthcare Innovation Policy Science

Several States Halt Johnson & Johnson Vaccine After U.S. Regulators Recommend Pause

April 13, 2021

ToplineSeveral U.S. states said they would halt the use of the Johnson & Johnson coronavirus vaccine while regulators investigate cases of rare but severe blood clots in recipients of the shot. Key Facts Officials in New York, Connecticut, Massachusetts, New Hampshire, Rhode Island, Maryland, Virginia, Missouri, Georgia, Michigan ...

Business Editors' Pick Real Estate

Madonna Buys Los Angeles Home From The Weeknd

April 13, 2021

Madonna is betting on Los Angeles once more. After spending most of the Covid pandemic in an L.A. rental, she has just purchased a secluded seven-bedroom home for $19.3 million in the celebrity-filled neighborhood of Hidden Hills. The seller was musician The Weeknd who first listed the property for $24.9 million last summer. He purchased the three-...

Breaking breaking-news Business Editors' Pick

Major Biden To Get ‘Additional’ Training After Biting Two People

April 12, 2021

ToplinePresident Joe Biden’s dog, Major, is set to receive “additional” training to help him to adjust to his new home in Washington, D.C., following two biting incidents at the White House, a spokesperson for first lady Jill Biden said Monday. Key Facts Three-year-old Major, the younger of the Bidens' two German Shepherds, will underg...

Breaking breaking-news Business Editors' Pick Hollywood & Entertainment

Prince Harry Has Reportedly Returned To U.K. Ahead Of Prince Philip’s Funeral

April 12, 2021

ToplinePrince Harry, the Duke of Sussex, has reportedly arrived back in the U.K. ahead of Prince Philip’s funeral on Saturday, a month after his bombshell interview with Oprah Winfrey and his first return to the country since stepping down as a working Royal and moving to California a year ago.   Key Facts Prince Harry, Princ...

AI autos Business Consumer Tech Editors' Pick Food & Drink Innovation Transportation

Pepperoni For The Robot: Domino’s, Nuro Test Autonomous Pizza Delivery

April 12, 2021

Domino’s and Nuro are kicking off a robotic pizza delivery pilot in Houston this week, giving customers there the option to have orders brought to them by the Silicon Valley autonomous driving tech developer’s small vehicles that look a bit like toasters on wheels. The program involves just one Domino’s shop, located in Houston’s Woodland Heights...

Business Editors' Pick Hollywood & Entertainment hollywood&entertainment

Weekend Box Office: ‘Voyagers’ Bombs But ‘The Unholy’ Holds Firm

April 11, 2021

In domestic box office news that isn’t about Godzilla Vs. Kong ($13.38 million and -58% in weekend two for a $69.5 million cume), Universal’s Nobody earned $2.65 million (-12%) in weekend three for a $15.67 million 17-day cume. The $15 million, R-rated action comedy has earned $29 million worldwide as it prepares to debut on PVOD this coming Friday...

/worlds-billionaires Billionaires Business Editors' Pick Real Estate

Billionaire Larry Ellison Buys $80 Million Estate In Palm Beach

April 11, 2021

The latest pricy purchase in Florida, one of the state’s highest, goes to Oracle co-founder Larry Ellison. He purchased this Tuscan style mansion from Gabe Hoffman, founder of Accipiter Capital Management, for $80 million or just a shave over its asking price of $79.5 million, reports the Wall Street Journal. Hoffman bought the main parcel within w...