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All posts tagged in: news

Despite Gloomy Outlook, Twitter Beats Earnings Expectation

Technology
Lance McHenry
6 years ago
0 Comments

Despite a gloomy outlook and the announcement that Twitter would cut 9% of its workforce and close Vine its video streaming service, the company beat earnings expectations in its third quarter results. With Wall St [..] read more

Illinois State Freezes Wells Fargo Out of $30 billion of investment Funds

Finance
Lance McHenry
6 years ago
0 Comments

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 [..] read more

Google Gives Big Cash Infusion to Airbnb

Finance
Thomas Martin
6 years ago
0 Comments

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 funding [..] read more

Unilever in Talks to Acquire Jessica Alba’s Honest Co

US & World
Lance McHenry
6 years ago
0 Comments

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 [..] read more

Jay-Z’s Tidal Losses $28.4 Million; Apple Says It Will Not Buy Streaming Service

Finance
Thomas Martin
7 years ago
1 Comment

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 March 2015, [..] read more

Twitter to Share Revenues with Video Creators

Technology
Matt
7 years ago
5 Comments

 Twitter announced that it will now pay video creators for sharing on their platform. The company is trying to compete with the bigger video showing social media platforms like YouTube and Facebook. It is a generous deal, [..] read more

Uber losses $1.2 Billion In the First Half of 2016

Technology
Thomas Martin
7 years ago
1 Comment

  According to recent reports, Uber has recorded losses amounting to $1.2billion and that’s just in the first half of 2016. Apparently, the first quarter of 2016 already saw the company lose around $520 million, prior [..] read more

Kobe Bryant Launches A $100 Million Venture Capital Fund

Finance
Bobby
7 years ago
0 Comments

The only constant is change, and there’s nothing better in life than an exciting transformation. Kobe Bryant, one-time shooting guard for the Los Angeles Lakers has become a venture capitalist. The former NBA player [..] read more

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