Comments Off on Pinterest Reaches the Milestone of 150 Million Monthly Active Users
Pinterest has reached a major milestone in its journey by passing the mark of 150 million monthly active users for its service, as per an official company announcement released recently on Thursday. This is a staggering 38% [..]
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Creating, starting, and operating a business is an incredibly difficult enterprise. A quarter of all new businesses fail in their first year, and nearly half will fail within three years. These are not the sort of odds [..]
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Comments Off on Tesla to Announce New Product October 17th
Tesla Motors is about to reveal something that will awe millions of people around the world. The big revelation will happen on Monday, 17 October of this year. Elon Musk, the founder, and CEO of Tesla made the announcement [..]
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Comments Off on Illinois State Freezes Wells Fargo Out of $30 billion of investment Funds
The Treasurer of Illinois, Michael Frerichs, has suspended annual investment activity of $30 billion with Wells Fargo for a period not less than a year following the recent claims of 2 million phony accounts. During the [..]
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Comments Off on Microsoft Joins Disney and Google as Potential Buyers of Twitter
It seems Twitter is set to throw in the towel. Twitter was valued at $24 billion back in 2013 when it opted to go public. However, since then, the social media company has failed to meet its investors’ [..]
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Comments Off on Google Gives Big Cash Infusion to Airbnb
Airbnb is doing something big and Google wants in. Airbnb managed to raise $555 million of the expected $850 million funding round with Alphabet Inc. leading the deal. The company values $30 billion and with the [..]
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Comments Off on Unilever in Talks to Acquire Jessica Alba’s Honest Co
According to The Wallstreet Journal, Unilever is planning to acquire Alba Jessica’s Honest Company, which specializes in household goods. The proposed deal is likely to cost Unilever a whopping $1 billion, which is [..]
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Comments Off on Mode Media Shuts Down Abruptly; Leaves Many Freelancers Unpaid
Silicon Valley-based company once valued at $ 1 Billion, Mode Media, has shut down abruptly. On Thursday, September 15, 2016, Wall Street Journal was the first to report the company’s shutdown. Mode Media declined to [..]
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Hip-hop sensation Jay-Z’s streaming service Tidal, has reportedly made huge losses of up to $28 million last year. This is according to Billboard.com. Billboard goes on to say that since Jay-Z bought Tidal in [..]
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Comments Off on Amazon and Pandora Plan to Launch New Music Streaming Services
For a number of years, the world’s biggest retailer Amazon has been working diligently on expanding its digital offerings. This push included both original concepts like the Amazon Kindle, but also some services [..]
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