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Spotify is set to go public on the New York Stock Exchange today

The music-streaming service intends to trade under the ticker name “SPOT” on the New York Stock Exchange.

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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.

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6ix9ine’s trial set for 2019

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6ix9ine’s trial set for 2019. This is what we know. 

  • Brooklyn rapper 6ix9ine pleaded not guilty to federal racketeering and firearms charges in Manhattan court on Monday.
  • 6ix9ine has been granted no bail and will most likely stay behind bars until the trail. He faces a potential life sentence.
  • A pre-trial conference is set for January 22, 2019, and the trial is scheduled for September 4, 2019.

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6ix9ine’s old manager Shotti plotted to kill him

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6ix9ine was reportedly a marked man prior to his recent arrest. FBI transcripts obtained by TMZ reveal members of his ex-entourage were plotting to kill him or “super violate” as they expressed themselves.

The revelation came during a court hearing for one of his co-defendants, Jamel “Mel Murda” Jones.

After 6ix9ine’s appearance at The Breakfast Club earlier this month federal detectives started to wiretap his former manager Shotti. Below is a part of the transcript.

6ix9ine, his ex-manager Kifano “Shotti” Jordan, Jensel “Ish” Butler, Fuguan “Fu Banga” Lovick, and Faheem “Crippy” Walter are all facing life sentences for drug dealing, firearms violations and racketeering as accused members of the Nine Trey Gangster Bloods.

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XXXTentacion shot and killed in Miami

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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.

  • X went to a bank to withdraw money before heading to RIVA Motorsports.
  • On the way back from the bank he was followed by a dark Dodge Journey SUV to the dealership.
  • When X left the dealership after 1,5 hours the SUV drove in front of his car, blocking him.
  • Two suspects ran out and shot X in the back of the head. They took a Luie Vuitton bag.
  • Police got the 911 call just after lunchtime on June 18.
  • The troubled rapper had an awaiting trial for domestic violence against his pregnant girlfriend.

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