23andMe to go public via SPAC with backing from Richard Branson in $3.5 billion deal

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23andMe to go public via SPAC with backing from Richard Branson in $3.5 billion deal

23andMe CEO Anne Wojcicki. Steve Jennings/Getty Images/TechCrunch. 23andMe is going public by merging with Richard Branson’s SPAC, VG Acquisition Corp. The deal will value the consumer …
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Comcast suspends Internet data limits, fees for Northeast customers

The Philadelphia-based cable giant said it would postpone the new charges after Pennsylvania Attorney General Josh Shapiro (D) raised concerns that Comcast’s policy threatened to disproportionately harm cash-strapped Americans who are learning, working …
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UPDATE 1-AbbVie profit beats expectations on Humira demand

Feb 3 (Reuters) – AbbVie Inc forecast annual profit above expectations and beat quarterly estimates on Wednesday on higher demand for its blockbuster drug Humira as well as newer treatments for psoriasis and rheumatoid arthritis, sending its shares up 1.7%.
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Oil prices near 1-year highs after stocks draw, supply deficit forecast

LONDON (Reuters) – Both benchmark oil contracts were close to their highest in about a year on Wednesday, boosted by a draw in U.S. crude and gasoline stocks, which fuelled demand recovery hopes as OPEC+ has forecast that the market will be in deficit …
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Hindenburg Defends Short Selling and Offers Up a New Short Idea

Hindenburg’s report claims that Clover failed to disclose a Justice Department investigation into the company’s marketing practices and undisclosed third-party deals. Hindenburg also alleges that Chamath Palihapitiya …
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