Millennial Lifestyle Subsidies Are on Borrowed Time
Business

Millennial Lifestyle Subsidies Are on Borrowed Time

Popular ride-hailing services and other major companies well known to millennials such as Netflix and Airbnb are revising their rates upwards, now that they’re well established in the market.
Verizon Has Sold AOL and Yahoo for $5 Billion to a Private Equity Firm
Business

Verizon Has Sold AOL and Yahoo for $5 Billion to a Private Equity Firm

The deal will also see AOL and Yahoo combined into one single entity that will be known as simply Yahoo moving forward.
Stripe is Now the Most Valuable Tech Startup of All Time with a $95 Billion Valuation
Money

Stripe is Now the Most Valuable Tech Startup of All Time with a $95 Billion Valuation

The fintech Stripe is now the most valuable tech startup of all time after its latest round of funding. The company currently operates in America and Europe with plans to expand further.
DoorDash Wants to Get a $27 Billion IPO Valuation
Money

DoorDash Wants to Get a $27 Billion IPO Valuation

With a sharp increase in valuations and profits due to the pandemic, the food delivery startup will debut as of one of the highest profile IPOs this year, expecting to sell 33 million shares.
Hollywood is Using Artificial Intelligence to Decide What Movies to Make
Business

Hollywood is Using Artificial Intelligence to Decide What Movies to Make

There’s so much money that goes into filmmaking and as such, every metric needs to be tracked in order to tell whether a film will be a hit or a flop.
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.

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