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Napster Acquired by VR Experience Company for $70 Million USD
Tech & Gadgets

Napster Acquired by VR Experience Company for $70 Million USD

The new owners will assume $44 million USD in debt.
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1.6K   1 Comments
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LVMH Delays Acquisition Deadline With Tiffany & Co.
Fashion

LVMH Delays Acquisition Deadline With Tiffany & Co.

Pushed back for another three months.
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4.4K   3 Comments
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SpaceX Has Just Raised $1.9 Billion USD in Funding
Tech & Gadgets

SpaceX Has Just Raised $1.9 Billion USD in Funding

Adding to the $346 million USD raised in May.
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Yusaku Maezawa Acquires Stake in United Arrows and Adastria
Fashion

Yusaku Maezawa Acquires Stake in United Arrows and Adastria

The Zozotown founder says it was for “investment purposes.”
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Coach Parent Company Tapestry Inc. Suffered 52% Decline in Sales Last Quarter
Fashion

Coach Parent Company Tapestry Inc. Suffered 52% Decline in Sales Last Quarter

Resulting in a net loss of $249 million USD.
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2.6K   4 Comments
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Lyft Revenues Plummet 61% Over Last Quarter
Tech & Gadgets

Lyft Revenues Plummet 61% Over Last Quarter

Suffering a net loss of $265.8 million USD.
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738   2 Comments
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Tim Cook Earns Billionaire Status as Apple Nears $2 Trillion USD in Market Valuation
Tech & Gadgets

Tim Cook Earns Billionaire Status as Apple Nears $2 Trillion USD in Market Valuation

Earning an annual base salary of $3 million USD.
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2.1K   10 Comments
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Airbnb Reportedly Filing for an IPO as Early as This Month
Travel

Airbnb Reportedly Filing for an IPO as Early as This Month

Despite a turbulent 2020.
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'Fortnite' Developer Epic Games Reaches $17 Billion USD in Market Valuation
Gaming

'Fortnite' Developer Epic Games Reaches $17 Billion USD in Market Valuation

Raising another $1.78 billion USD in funding.
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2.4K   2 Comments
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Toshiba Leaves the PC Industry After 35 Years
Tech & Gadgets

Toshiba Leaves the PC Industry After 35 Years

Selling its laptop business wholly to Sharp.
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11.2K   1 Comments
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Uber Sees Gross Bookings Drop 35% in Second Quarter of 2020
Tech & Gadgets

Uber Sees Gross Bookings Drop 35% in Second Quarter of 2020

Suffering a net loss of $1.78 billion USD.
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609   1 Comments
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Nintendo's Profits Soar 400% Amid COVID-19 Pandemic
Gaming

Nintendo's Profits Soar 400% Amid COVID-19 Pandemic

Aided by sales from ‘Animal Crossing: New Horizons’ and Switch devices.
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