Uber to Buy Its Rival Careem This Week for $3.1 Billion
Business

Uber to Buy Its Rival Careem This Week for $3.1 Billion

The American ride-hailing company will pay $1.4 billion in cash for the Dubai-based company and $1.7 billion in convertible notes, and Careem shareholders will have until Monday to agree with the terms.
Major Retailer Shopko to Close All Its Stores in 2019
Business

Major Retailer Shopko to Close All Its Stores in 2019

Physical retailers have been going bankrupt at an alarming rate, and now it was time for Shopko. The rural retailer was in huge debt and it will shut down its operations by June.
5 Tech Companies That Are Working on Making the Netflix of Gaming
Business

5 Tech Companies That Are Working on Making the Netflix of Gaming

Some of the major tech companies in the world are already investing big bucks towards the development of cloud-based gaming services, and here are the big names.
Amazon Buying Home Wi-Fi Hardware Maker Eero
Technology

Amazon Buying Home Wi-Fi Hardware Maker Eero

Amazon announced on Monday that the company signed an agreement to acquire Wi-Fi hardware maker Eero.
Amazon Achieves Its First $200 Billion Year in Annual Sales
Business

Amazon Achieves Its First $200 Billion Year in Annual Sales

Amazon just broke it’s own record for annual sales and the plan is to continue expanding.
Chairman May Be Able to Keep 400 Sears Stores Open After Bankruptcy Auction
Business

Chairman May Be Able to Keep 400 Sears Stores Open After Bankruptcy Auction

The company’s chairman and largest shareholder Eddie Lampert was able to win a bankruptcy lawsuit which helped avert the possibility of liquidation

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