SEGA Asks 650 Employees to Voluntarily Retire Amid $97 Million USD in Expected Losses
Gaming

SEGA Asks 650 Employees to Voluntarily Retire Amid $97 Million USD in Expected Losses

Shortly after it sold off its arcade business in Japan.

Commerce Department Extends TikTok's Sale Deadline to November 27
Tech & Gadgets

Commerce Department Extends TikTok's Sale Deadline to November 27

A 15-day extension for the Chinese-owned social media platform.

German Court Declares Techno Is Music, Nightclubs To Receive Ticket VAT Cuts
Music

German Court Declares Techno Is Music, Nightclubs To Receive Ticket VAT Cuts

Putting club nights on par with concerts because customers are there to enjoy the music more than anything.

Farfetch Stocks Swell in Response to 71% Revenue Growth
Fashion

Farfetch Stocks Swell in Response to 71% Revenue Growth

In spite of weighty losses.

The RealReal Finds Silver Lining in Latest Round of Quarterly Losses
Fashion

The RealReal Finds Silver Lining in Latest Round of Quarterly Losses

The secondhand retailer saw revenue decline even as traffic increased.

Alibaba Records $74 Billion USD in Sales for 'Singles Day'
Tech & Gadgets

Alibaba Records $74 Billion USD in Sales for 'Singles Day'

Up 20% from last year.


adidas Delivers a Profit Improvement of Over $1.2 Billion USD in Q3
Fashion

adidas Delivers a Profit Improvement of Over $1.2 Billion USD in Q3

The company reports lower traffic but higher conversion rates in-store compared to last year, reflecting a large shift in consumer buying habits.

AMC and Cinemark Theaters' Stock Surges Following News of COVID-19 Vaccine
Entertainment

AMC and Cinemark Theaters' Stock Surges Following News of COVID-19 Vaccine

The market shift seems to anticipate we will want to be packed like sardines again soon.

VF Corporation Is Set to Acquire Supreme in $2.1 Billion USD Deal
Fashion

VF Corporation Is Set to Acquire Supreme in $2.1 Billion USD Deal

The company already owns brands including The North Face, Dickies and Timberland.

Nintendo Experiences Massive 200% Net Profits in Latest Quarter
Gaming

Nintendo Experiences Massive 200% Net Profits in Latest Quarter

Switch fever remains in full force.

Tinder, Hinge and More Report Growth in the Midst of COVID-19
Tech & Gadgets

Tinder, Hinge and More Report Growth in the Midst of COVID-19

The apps’ parent company signed off by “wishing everyone a safe, extended cuffing season.”

TikTok Parent ByteDance Reportedly Gauging $180 Billion USD Valuation
Tech & Gadgets

TikTok Parent ByteDance Reportedly Gauging $180 Billion USD Valuation

Rumors suggest that major investment firms are gearing up for an infusion of wealth.

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