Tensions Rise at Twitter as Large Chunk of Staff Abandons Ship
Business

Tensions Rise at Twitter as Large Chunk of Staff Abandons Ship

Louis Vuitton Parent Company Wants to Buy Ralph Lauren
Business

Louis Vuitton Parent Company Wants to Buy Ralph Lauren

It is not the first time LVMH is pursuing this type of deal. The company has acquired a series of top brands including Celine, Givenchy, and others.

Elon Musk Says SpaceX Could Go Bankrupt
Business

Elon Musk Says SpaceX Could Go Bankrupt

Musk said explicitly that if indeed the company cannot achieve a "Starship flight rate of once every two weeks”, then there is a real risk of bankruptcy in the near term.

PayPal Denies Offering to Purchase Pinterest for $45 Billion
Business

PayPal Denies Offering to Purchase Pinterest for $45 Billion

PayPal did not however rule out the possibility of pursuing Pinterest in the future. A statement released by the company said that “at this time”, there was no offer on the table.

Facebook Changes Company Name to Meta
Business

Facebook Changes Company Name to Meta

Mark Zuckerberg announced his plans for a metaverse, as well as the renaming of Facebook as a company. This move aims to distance the company’s new and ambitious efforts from the social media platform – now considered a branch of Meta.

Recently Leaked Amazon Documents Prove They Copied Products from Competitors
Business

Recently Leaked Amazon Documents Prove They Copied Products from Competitors

There have always been accusations from third-party sellers on Amazon that the e-commerce giant has worked hard to undercut them, but the company has pushed back against this accusation.

Food Delivery Apps Like Uber Eats and DoorDash Are Suing NYC Over Restaurant Fee Cap
Business

Food Delivery Apps Like Uber Eats and DoorDash Are Suing NYC Over Restaurant Fee Cap

Three of the major food delivery apps in the US are suing NYC over a new law that would limit how much they can fee restaurants for their service. According to them, this would force them to compensate for their margins on end consumers.

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