by Beth Holmes | Nov 14, 2022 | Companies
The Washington Attorney General has filed a lawsuit to block Albertsons from offloading $4 billion to shareholders before the review of their upcoming merger. Albertson Companies Inc, which owns grocery store chains Albertsons, Safeway, Haggen, Kings, Tom Thumb, Vons,...
by Beth Holmes | Nov 7, 2022 | Companies, News, Social Media
The Twitter board of directors have all been fired as Elon Musk takes control, after nearly a year of will-he-won’t-he from the erratic billionaire. Musk took over Twitter as its new owner this week, after his $44 billion purchase was pushed through against his...
by Beth Holmes | Oct 31, 2022 | Companies, News
Ticketmaster and Live Nation should not have been allowed to merge, according to an antitrust suit put before the Justice Department. In 2010, live events organizer Live Nation and online third-party ticket-seller Ticketmaster merged to become Live Nation...
by Beth Holmes | Oct 17, 2022 | Companies, News
Nissan will sell its business holdings in Russia to a state-held entity for the token price of 1 euro after being forced to cease production in the country. The transfer will cost Nissan Motor Co Ltd an estimated 687 million in USD, but the agreement gives Nissan the...
by Beth Holmes | Oct 10, 2022 | Companies, News, Social Media, Technology
Musk wants Twitter again, he says, and Twitter is willing to give him another chance, for $44 billion. It’s hard to tell if Elon Musk wants Twitter, or wants Twitter’s social buzz, as he reverses course yet again on his decision to buy the massive social...
by Beth Holmes | Oct 3, 2022 | Companies, News, Social Media, Technology
Meta has disabled a Russian propaganda network which has targeted European social media users, spreading Kremlin-approved stories about the invasion of Ukraine. On Tuesday, Meta, which owns Facebook and Instagram, announced that they have identified and disabled the...
