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Jeff Bezos Officially Enters AI Race as Co-CEO of His New Start-up, Project Prometheus
Tech & Gadgets

Jeff Bezos Officially Enters AI Race as Co-CEO of His New Start-up, Project Prometheus
Expected to focus on AI development in engineering, computer manufacturing as well as for spacecrafts and automobiles.
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Kim Kardashian's SKIMS Secures Stellar $5 Billion USD Valuation
Fashion

Kim Kardashian's SKIMS Secures Stellar $5 Billion USD Valuation
Skims is expecting to surpass $1 billion USD in sales this year.
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LVMH Is Reportedly Looking To Sell Its 50% Stake in Rihanna's Fenty Beauty
Fashion

LVMH Is Reportedly Looking To Sell Its 50% Stake in Rihanna's Fenty Beauty
A potential strategic divestment.
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Warner Bros. Discovery Considers a Sale
Entertainment

Warner Bros. Discovery Considers a Sale
WBD has claimed that it has received “unsolicited interest” from various parties.
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L’Oréal Expected To Acquire Kering Beauty for $4.6 Billion USD
Fashion

L’Oréal Expected To Acquire Kering Beauty for $4.6 Billion USD
Taking over a beauty portfolio that gives L’Oréal control over Kering’s fashion names in fragrance, makeup and more.
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830    0   Comments
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Apple and Formula 1 Sign Official $750 Million USD Streaming Deal
Entertainment

Apple and Formula 1 Sign Official $750 Million USD Streaming Deal
Signing a five-year exclusive deal.
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LVMH Returns to Growth as Luxury Slump Shows Signs of Easing
Fashion

LVMH Returns to Growth as Luxury Slump Shows Signs of Easing
Even though its fashion and leather goods business saw a decline.
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Nike Hikes Prices for Its Apparel and Footwear
Fashion

Nike Hikes Prices for Its Apparel and Footwear
Amidst the brand’s turnaround led by CEO Elliott Hill.
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Elon Musk Reportedly First to Ever Hit $500 Billion USD Net Worth
Tech & Gadgets

Elon Musk Reportedly First to Ever Hit $500 Billion USD Net Worth
Due to a spike in Tesla shares that appears to have added $6 billion USD to his fortune.
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1.2K    1   Comments
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Electronic Arts To Go Private in $55 Billion USD Deal
Gaming

Electronic Arts To Go Private in $55 Billion USD Deal
Backed by Saudi Arabia, Silver Lake and Affinity Partners.
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1.1K    0   Comments
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Is the Labubu Craze Fading? POP MART's Stock Takes a Hit
Toys

Is the Labubu Craze Fading? POP MART's Stock Takes a Hit
The Chinese toymaker’s stock recently slumped nearly 9%.
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SSENSE Secures $40 Million Financing and Court-Approved Restructuring Plan
Fashion

SSENSE Secures $40 Million Financing and Court-Approved Restructuring Plan
A new lease on life.
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