Investors assure that Tesla still cares about ESG after Musk calls it a “scam”
Business

Investors assure that Tesla still cares about ESG after Musk calls it a “scam”

Despite Elon Musk’s tweet showing contempt for the ESG metrics, investors believe Tesla still cares about ESG – even if Musk says otherwise.
Tesla Lost $126 Billion of Market Value After Elon Musk Announced He’s Buying Twitter
Business

Tesla Lost $126 Billion of Market Value After Elon Musk Announced He’s Buying Twitter

Shortly after the Twitter deal was confirmed, Tesla moved from a market cap of slightly above $1 trillion to around $900 billion.
Facebook Loses $60 Billion in Market Valuation in 2 Days
Business

Facebook Loses $60 Billion in Market Valuation in 2 Days

After losing many advertisers, Mark Zuckerberg decided to introduce new policies that would tighten content restrictions on the platform, reducing hate speech, misinformation, and inflammatory posts.
Apple Loses $27 Billion in Market Value Because of Coronavirus
Business

Apple Loses $27 Billion in Market Value Because of Coronavirus

Since Chinese manufacturers are resuming operations slower than expected, the company saw nearly $27 billion in value wiped out this past week.
Pepsi Buys SodaStream to Add Some Fizz to Its Beverage Lineup
Business

Pepsi Buys SodaStream to Add Some Fizz to Its Beverage Lineup

PepsiCo announced at the beginning of this week that it’s in the process of acquiring SodaStream in a deal worth $3.2 billion. The deal is a perfect reflection of how the consumption of soft drinks in the US is changing.
AT&T Wins Judge’s Approval for Time Warner Merger
Business

AT&T Wins Judge’s Approval for Time Warner Merger

Recently the company AT&T has merged with Time Warner, creating a media monopoly that could harm consumers.

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