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H&M's Net Sales Plummet 18% Over 2020
Fashion

H&M's Net Sales Plummet 18% Over 2020

A strong start to the year was quickly undermined by the arrival of the Coronavirus.
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4.7K   0 Comments
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EA to Acquire Racing Game Developer Codemasters for $1.2 Billion USD
Gaming

EA to Acquire Racing Game Developer Codemasters for $1.2 Billion USD

The creator of ‘Dirt 5,’ ‘DiRT Rally’ and the ‘F1’ franchise.
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1.9K   0 Comments
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adidas Reportedly Considering Possible Sale of Reebok
Footwear

adidas Reportedly Considering Possible Sale of Reebok

Originally acquired for $3.8 billion USD back in 2006.
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9.4K   14 Comments
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Hyundai Acquires Boston Dynamics From Softbank for $921 Million USD
Tech & Gadgets

Hyundai Acquires Boston Dynamics From Softbank for $921 Million USD

Pushing robotics as one of its core areas of growth.
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29   0 Comments
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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.
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3.7K   1 Comments
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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.
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2.8K   0 Comments
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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.
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3.7K   5 Comments
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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.
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14.3K   16 Comments
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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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3.4K   4 Comments
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Discord May Secure a $7 Billion USD Valuation
Gaming

Discord May Secure a $7 Billion USD Valuation

The company will have doubled its corporate value in just a few months, up from $3.5 billion USD in June.
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15   5 Comments
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Tesla's Market Value Soars Past $500 Billion USD for the First Time Following 550% Growth in 2020
Automotive

Tesla's Market Value Soars Past $500 Billion USD for the First Time Following 550% Growth in 2020

Shortly after Elon Musk surpassed Bill Gates as the second richest man in the world.
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1.9K   7 Comments
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Airbnb Finally Files To Go Public After A Profitable Third Quarter
Travel

Airbnb Finally Files To Go Public After A Profitable Third Quarter

Originally announcing its plans for an IPO back in 2019.
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2.6K   0 Comments
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