Jonathan Wong
The Latest
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DOJ Charges Apple with Anticompetitive Practices, Sparking Legal Battle
The lawsuit accuses the tech behemoth of employing anticompetitive tactics to dominate the smartphone market, raising serious concerns about the implications for innovation and consumer choice. 
The lawsuit accuses the tech behemoth of employing anticompetitive tactics to dominate the smartphone market, raising serious concerns about the implications for innovation and consumer choice. -
Reddit Shares Soar 48% in NYSE Debut After Pricing IPO at Top of Range
Reddit, the popular social media platform known as the "front page of the internet," made a strong debut on the New York Stock Exchange (NYSE) on Thursday, with shares jumping as much as 70% after the company priced its initial public offering (IPO) at the top of its expected range. 
Reddit, the popular social media platform known as the "front page of the internet," made a strong debut on the New York Stock Exchange (NYSE) on Thursday, with shares jumping as much as 70% after the company priced its initial public offering (IPO) at the top of its expected range. -
Apple Faces Landmark Antitrust Lawsuit, DOJ Accuses Tech Giant of Harming Competition and Innovation
The US Department of Justice, along with 16 state and district attorneys general, has filed a groundbreaking antitrust lawsuit against Apple, accusing the tech giant of operating an illegal monopoly in the smartphone market. 
The US Department of Justice, along with 16 state and district attorneys general, has filed a groundbreaking antitrust lawsuit against Apple, accusing the tech giant of operating an illegal monopoly in the smartphone market. -
US Housing Market Defies Odds with Surprising Surge in Home Sales
The US housing market witnessed an unexpected surge in home sales last month, defying the escalating mortgage rates that have been a cause for concern among potential homebuyers. 
The US housing market witnessed an unexpected surge in home sales last month, defying the escalating mortgage rates that have been a cause for concern among potential homebuyers. -
Reddit Prices IPO at $34 per Share, Raising $748 Million in Highly Anticipated Market Debut
The company priced its initial public offering (IPO) at $34 per share, the top end of the $31 to $34 range it had marketed earlier, valuing the company at $6.4 billion and raising $748 million for Reddit and its selling shareholders. 
The company priced its initial public offering (IPO) at $34 per share, the top end of the $31 to $34 range it had marketed earlier, valuing the company at $6.4 billion and raising $748 million for Reddit and its selling shareholders. -
FTX's New CEO Criticizes Bankman-Fried's Claims of Harmlessness in Victim Impact Statement
John J. Ray III, the newly appointed CEO of the beleaguered cryptocurrency exchange FTX, delivered a searing rebuke of the exchange's founder, Sam Bankman-Fried (SBF), in a recent victim impact statement. 
John J. Ray III, the newly appointed CEO of the beleaguered cryptocurrency exchange FTX, delivered a searing rebuke of the exchange's founder, Sam Bankman-Fried (SBF), in a recent victim impact statement. -
Reddit's IPO Faces Skepticism from Power Users and Moderators
As Reddit seeks to raise up to $748 million and achieve a valuation of around $6.4 billion, it faces skepticism and resistance from some of its most dedicated users and moderators. As Reddit seeks to raise up to $748 million and achieve a valuation of around $6.4 billion, it faces skepticism and resistance from some of its most dedicated users and moderators. -
Kering Shares Tumble Amid Gucci Sales Slump and Asian Market Woes
Kering, the French luxury conglomerate and owner of the prestigious Gucci brand, experienced a significant 14% drop in its stock value following a profit warning that projected a stark 20% decline in Gucci's first-quarter sales year-on-year, primarily due to weakening transactions in Asia. 
Kering, the French luxury conglomerate and owner of the prestigious Gucci brand, experienced a significant 14% drop in its stock value following a profit warning that projected a stark 20% decline in Gucci's first-quarter sales year-on-year, primarily due to weakening transactions in Asia. -
Texas Schools Pull $8.5 Billion from BlackRock Amid Accusations of Fossil Fuel Boycott
The Texas Permanent School Fund (PSF) announced on Tuesday that it is terminating its contract and pulling $8.5 billion in state money from BlackRock. 
The Texas Permanent School Fund (PSF) announced on Tuesday that it is terminating its contract and pulling $8.5 billion in state money from BlackRock. -
MacKenzie Scott Donates $640 Million to 361 Nonprofits Through Open Call Process
Billionaire philanthropist and Amazon co-founder MacKenzie Scott has donated $640 million to 361 nonprofit organizations through an open call process managed by her organization, Yield Giving. 
Billionaire philanthropist and Amazon co-founder MacKenzie Scott has donated $640 million to 361 nonprofit organizations through an open call process managed by her organization, Yield Giving.
