Nextdoor to Go Public in Proposed SPAC Merger

Nextdoor Inc., the neighborhood social network, plans to go public by merging with a special-purpose acquisition company called Khosla Ventures Acquisition Co. II , the companies said Tuesday. The deal is expected to give Nextdoor an equity value of about $4.3 billion

Permanent Cap on Delivery-App Fees Proposed for New York

The New York City Council is considering a legislative package aimed at significantly regulating the food-delivery app industry, including permanently limiting fees that operators like Grubhub and Uber Eats can charge restaurants. In a bid to help the city’s struggling restaurant industry survive