BuzzFeed announces it's going public in deal with SPAC
BuzzFeed is going public through a SPAC in a partnership with blank check company 890 5th Avenue Partners. The deal values the media company at $1.5 billion.
Looking at alternate revenue streams, the NFL says it's looking into strategic options for its media properties, including selling stakes. Investment firm Goldman Sachs was hired to "identify and evaluate partnership opportunities."
New York City will install its first curbside electric-vehicle charging stations this year. The department of transportation said it would install 100 charging ports for public use by October.