#regulatory-scrutiny

#regulatory-scrutiny

Tether is the most captivating story you've never heard of. A first mover in the stablecoin space, Tether's flagship product has grown to a monster $167 billion in market cap with just around 200 employees and $13 billion in profits last year, making it one of the most successful corporations on the planet. (And it was cofounded by a Mighty Duck, but that's a story for another time.)

Khan argued the IPO is "a great reminder that letting startups grow into independently successful businesses, rather than be bought up by existing giants, can generate enormous value."

ServiceNow's acquisition of Moveworks for $2.85 billion is currently under regulatory review for antitrust issues by the U.S. Justice Department.

Despite concerns from regulators regarding its financial situation, Affinity Water has doubled the pay of its chief executive, Keith Haslett, to 1.6 million for the 2024-25 financial year, up from 709,000 the prior year.

In melding Omnicom and IPG, the deal will create the world's largest advertising group, potentially dominating media-buying markets globally.