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
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
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
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
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 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
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
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
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OkRead more
