Monday, October 2, 2023

Vertex, a SPAC backed by Singapore's Temasek, plans to buy live streaming service 17LIVE for ~$676M; 17LIVE had revenue of $363.7M in 2022 and is profitable (Reuters)

Reuters:
Vertex, a SPAC backed by Singapore's Temasek, plans to buy live streaming service 17LIVE for ~$676M; 17LIVE had revenue of $363.7M in 2022 and is profitable  —  Singapore's Vertex Technology Acquisition Corp (VTAC) (VERT.SI) will buy live streaming platform 17LIVE Inc for up to S$925.1 million …



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Sources: Meta aims to release Llama 4 later this month after pushing back its release date at least twice due to underperformance in reasoning and math tasks (Kalley Huang/The Information)

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