Tue, 21-Oct-2025

Etsy Inc stock falls after research firm says platform sells counterfeit goods

Etsy Inc stock

Etsy Inc stock fell as much as 8.4%. Etsy had permitted platform users to purchase brand “ad words”. Etsy will have a difficult holiday quarter. Etsy Inc stock fell as much as 8.4% on Thursday after Citron Research said that it had become one of the most popular sites for selling counterfeit goods. Citron, which … Read more

Goldman Sachs is exiting from SPAC market due to regulatory concerns

Goldman Sachs

A representative for David Solomon’s Goldman Sachs stated on Monday that the firm is minimising its connection with blank-check companies, as US regulators continue to crack down on what was one of the hottest phenomena on Wall Street in recent years. Investment of the Goldman Sachs banking division has benefited from the boom in the … Read more

Rising tide of leaks threatens to inundate Facebook

Rising tide of leaks threatens to inundate Facebook

SAN FRANCISCO: An array of US news outlets cited documents from former Facebook worker Frances Haugen, adding to a series of critical revelations already published based on information she provided. Articles in the New York Times, Washington Post and elsewhere on Friday focused on how Facebook apparently intensified political division. Examples included an internal finding … Read more