Investors in Spotify Technology SA could be in for a turbulent Tuesday as the company uses an unorthodox manoeuvre to go public on the New York Stock Exchange, writes The Wall Street Journal.
The music-streaming company has warned the process, called a direct listing, could result in greater volatility on the first day of trading than in a typical IPO. IPO stands for Initial Public Offering. In part, that is because there isn’t any bank to act as a “stabilizing agent” and prop up the stock if it plunges.
XXXTENTACION shot and killed in Miami
The 20-year-old rapper XXXTENTACION was shot and killed after he was spotted shopping motorcycles in South Florida in what police called an apparent robbery attempt.
Police got the 911 call just after lunchtime.
The troubled rapper had an awaiting trial for domestic violence against his pregnant girlfriend.
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Avicii’s family confirms that he died by suicide in a new public statement
Avicii’s family confirms that he died by suicide in a new public statement.
The statement translated from Swedish:
“Our beloved Tim was a seeker, a fragile artistic soul searching for answers to existential questions. An overachieving perfectionist who travelled and worked hard at a pace that led to extreme stress. When he stopped touring, he wanted to find a balance in life to be happy and be able to do what he loved most – music. He really struggled with thoughts about meaning, life, happiness. He could not go on any longer.
He wanted to find peace. Tim was not made for the business machine he found himself in, he was a sensitive guy who loved his fans but shunned the spotlight.
Tim, you will forever be loved and sadly missed. The person you were and your music will keep your memory alive.
We love you, Your family.”
His former manager, Arash Pournouri, also wrote in an early statement on Instagram that we wished he could have been there with Tim in Oman to prevent all this to happen.
Avicii died at age 28.
Chance The Rapper: “Black people don’t have to be Democrats”
It seems like Chance The Rapper is coming out for Kaney’s rescue after his Twitter statements, supporting Americas president Donald J. Trump.
Chance The Rapper simple took to Twitter and wrote:
“Black people don’t have to be Democrats.”
Black people don’t have to be democrats.
— Chance The Rapper (@chancetherapper) 25 april 2018
Will we see more hip-hop artist openly support the president?
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