New York-based digital media company Group Nine Media announced its decision to acquire women’s lifestyle publisher PopSugar earlier this month. The deal is an all-stock transaction and follows Group Nine’s successful round of funding, a $50 million financing led by Discovery Inc. While details of the deal are yet to be disclosed, reports have valued […]

With its latest round of software updates, Tesla has even more to offer to its customers. Tesla vehicles are already considered a breakthrough. But they don’t cease to amaze, nor innovate. The pioneer of driverless car technology recently unleashed its latest update “software version 10.0.” Equipped with multiple features, this software is being hailed by […]

Uber recently announced its plan to acquire a majority stake in Cornershop, an on-demand grocery delivery company with a presence in Chile, Mexico, Peru, and Canada. Cornershop plans to continue operations under its current management but will report to a board where Uber has majority control. Absent any delays in regulatory approval, the parties expect […]

For the last decade, startup companies in technology were supported by excessive venture capital funding and encouraged to prioritize fast growth over everything else. However, as investors in the stock market became more skeptical about the financial performance of fast-growing tech companies, entrepreneurs have started to rethink their priorities and have considered becoming more financially […]

It’s been a busy week at Juul’s San Francisco headquarters amidst a CEO turnover, a slashed valuation, and a pending federal criminal investigation. But despite the negative news, the company’s investors are positive e-cigarettes are here to stay. Altria Group showed it understood the upcoming generations push for tech when it made a big bet […]

At its most recent event, Amazon introduced a range of potential new Alexa-enabled products that aim to further ingrain the company’s voice assistant into the everyday lives of its consumers. Much of the proposed hardware comes in the form of wearable gear that will allow Alexa to go where users go, moving toward an even […]

Lately, the World Trade Organization (WTO) has been unable to make accurate forecasts due to political fluctuations across the globe. On October 1st, the WTO declared that worldwide trade in merchandise fell short of the anticipated rate in April 2019 by almost half. Economists tend to compare the current 1.2% growth rate with that of […]

In March of 2018, former Twitch user Tyler “Ninja” Blevins was streaming live when other industry leaders Drake, Travis Scott, and Juju Smith Schuster joined to play Fortnite. Ninja usually had an audience of 70,000 viewers, but this night was different. When the rapper, pop superstar, and up and coming NFL wide receiver came together […]

News of Volkswagen Group’s diesel emissions scandal first broke in September 2015. Yet after four years, and more than $30 billion in fines and settlement, legal repercussions stemming from the scandal continue today. Within the last week, German prosecutors brought stock market manipulation charges against three current and former executives. Additionally, the Federation of German […]

What would you do with $100 billion? Masayoshi (“Masa”) Son, UC Berkeley graduate and SoftBank founder and CEO, raised that amount for SoftBank’s Vision Fund (“Vision Fund”) to use as a vehicle for private equity investments. In the process, he has subsequently transformed the private market, venture capital (“VC”), and investing landscape. To put the […]