Steven Mnuchin’s fund buys major stake
Liberty Strategic Capital, a Washington D.C.-based private equity fund founded by former U.S. Treasury Secretary Steven Mnuchin, has acquired a controlling stake in enterprise security firm Zimperium for $525 million. The deal is Liberty Strategic Capital’s first majority stake acquisition since its launch last year. It has also led late-stage funding rounds in cybersecurity firms […]
Apple TV+ makes history
Apple TV+ made history by first streaming service to win a best picture Oscar for “CODA,” a heartwarming drama about the daughter of deaf parents who pursues her passion for music. The streaming service purchased “CODA” for a record $25 million following its debut in 2021 at the Sundance Film Festival. It has gathered momentum throughout […]
China, US working hard on solution to audit dispute
Chinese regulators and their U.S. counterparts are working hard to solve an audit dispute affecting U.S.-listed Chinese firms. They want to achieve effective and sustainable cooperation as soon as possible. The official China Securities Journal reported that the China Securities Regulatory Commission (CSRC) heard opinions from some U.S.-listed Chinese companies during an online meeting. They […]