Elon Musk Will No Longer Join Twitters board
Elon Musk recently backed out of his agreement to join the board for social media company Twitter. Musk was set to join the board on April 9, after completion of … Read More
Category: Finance
Epic Games receives $2 billion Investment
On April 11th, American video game software developer Epic Games, announcedthat they will be receiving 2 billion dollars of investment funds from companies includingSony and KIRKBI. According to epicgames.com, the … Read More
NFL Invests Almost $300 Million in Fanatics
The NFL has invested around $300 million in Fanatics, making them according to Techcrunch.com the “single biggest investor” in the company. Fanatics is a company that produces and sells licensed … Read More
Jetblue Looks To Acquire Spirit Airlines
JetBlue Airlines has recently offered 3.6 billion dollars to Spirit Airlines to acquire Spirit in efforts to compete with other major airlines. JetBlue, according to CNBC made an “all-cash bid”, … Read More
Deutsche Bank Believes US Recession Will Hit In 2023
On Tuesday, German Deutsche Bank announced its predictions for recession to occur in the United States in 2023. Deutsche Bank is the first major bank to announce this prediction after … Read More
Elon Musk Buys a 9% Stake In Twitter
Elon Musk has been appointed to Twitter’s board of directors after purchasing a 9.2% stake in the company — the $2.9 billion investment makes him the largest shareholder. The company … Read More
$600 Million Stolen In Crypto Hack
One of the largest crypto hacks just occurred to Axie Infinity’s Ronin Network costing them over $600 million worth of cryptocurrency. The company announced on Tuesday that they believe this … Read More
Former Starbucks CEO, Howard Schultz, Will Return As Interim CEO
Former Starbucks CEO Howard Schultz plans to return as the head of the company. He will act as the interim CEO following the current CEO’s retirement. The announcement of Schultz’s … Read More
MGM Looks to Buy Gambling Group for $11 Billion
US based MGM Resorts International is looking to buy British gambling group Ladbrokes for the sum of approximately $11 billion, making the casino brand the latest operator to throw its … Read More
Amazon Acquires Podcast Company Wondery
Amazon has announced that they are acquiring Wondery, the company that owns podcasts such as “Dirty John,” “Dr. Death” and “The Shrink Next Door,” to keep up with other large … Read More