Tesla to Sell $5 Billion USD in Shares Following Record High Equity
Automotive

Tesla to Sell $5 Billion USD in Shares Following Record High Equity

The carmaker’s second such sale in less than three months.

Fashion Industry's Revenue Expected To Drop by Nearly 90% by the End of 2020
Fashion

Fashion Industry's Revenue Expected To Drop by Nearly 90% by the End of 2020

With high levels of bankruptcies, store closures and job cuts expected to continue in 2021.

Disneyland Furloughs 350 Staff Following New Lockdown Regulations in California
Travel

Disneyland Furloughs 350 Staff Following New Lockdown Regulations in California

It already laid off 28,000 employees earlier in September.

Moncler Has Unexpectedly Acquired Stone Island
Fashion

Moncler Has Unexpectedly Acquired Stone Island

Coming together to develop a new shared vision of luxury.

I.T Hong Kong Reportedly Looking to Take Company Private
Fashion

I.T Hong Kong Reportedly Looking to Take Company Private

Partnering with private equity firm CVC.

Barney's New York to Reopen in 2021 Following Chapter 11 Bankruptcy
Fashion

Barney's New York to Reopen in 2021 Following Chapter 11 Bankruptcy

Now acquired by Authentic Brands Group.


Salesforce Is Acquiring Slack for $27.7 Billion USD
Tech & Gadgets

Salesforce Is Acquiring Slack for $27.7 Billion USD

The cloud-based software company’s largest acquisition to date.

Cyber Monday Was the Biggest U.S. E-Commerce Day Ever — and Still Fell Short of Predictions
Fashion

Cyber Monday Was the Biggest U.S. E-Commerce Day Ever — and Still Fell Short of Predictions

At $10.8 billion USD, consumer spending was below the $12.7 billion USD Adobe Analytics predicted, but noteworthy trends did emerge.

More Antitrust Lawsuits Against Google and Facebook Are Coming
Tech & Gadgets

More Antitrust Lawsuits Against Google and Facebook Are Coming

The U.S. Department of Justice is going on the offensive.

Xiaomi Sold Four Million More Smartphones Than Apple Last Quarter
Tech & Gadgets

Xiaomi Sold Four Million More Smartphones Than Apple Last Quarter

The American tech giant drops down to fourth place on the sales rankings.

Apple Fined $12 Million USD Over Claims About the iPhone's Water Resistance
Tech & Gadgets

Apple Fined $12 Million USD Over Claims About the iPhone's Water Resistance

Italy’s competition regulator announced the fine today, stating the company misled the public.

Mytheresa Files for $1.5 Billion USD Initial Public Offering
Fashion

Mytheresa Files for $1.5 Billion USD Initial Public Offering

Planning to go public by early 2021.

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