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  • Trending on the Ticker

  • Apple’s first VR/AR headset will be a high-price product aimed at a select market, according to Bloomberg sources; the company does not anticipate it will sell many units but will instead position it as a product intended to prepare developers and consumers for more mainstream devices in the future; Apple is set to launch the headset next year, with a primary focus on VR features; the company is also developing an AR-only device, but it’s not expected for several years - Link

  • Creator support platform Patreon is considering an IPO as soon as this year, according to a source for The Information; the firm has had discussions with some blank check companies but would prefer to handle its own listing; Patreon’s annualized revenue has reportedly passed $100M - Link

  • UK-based IG Group (~$4.5B market cap) acquires online brokerage platform Tastytrade for $1B cash and stock; Tastytrade provides trade and investments content; IG Group notes the deal will help its expansion in the US - Link

  • The Bombay Stock Exchange and the Securities and Exchange Board of India (SEBI) say they do not object to a $3.4B arrangement that will see Future Retail sell assets to Reliance Industries; follows moves by Amazon to block the deal, citing its own agreement with Future Retail - Link

  • This Week in Startups

    Jason speaks with Frame.io CEO Emery Wells about how distributed work is changing the film industry, how production companies work, transitioning from filmmaking to running a software company, pitching to VCs for the first time, fielding a pre-launch acquisition offer, more - Link