In a surprising and controversial reveal, Forbes has announced that Kylie Jenner is no longer a billionaire. In March 2019, Kylie Jenner’s net worth was $1 billion, published by Forbes itself. This marked her place as the world’s youngest self-made…
Hertz filed for Bankruptcy last on Friday, 22nd May 2020. By doing so, it has joined the list of high-profile age-old companies being forced out of business due to the coronavirus. The company has been providing rent a car services…
Spotify announced this week that a deal had been struck with #1 podcaster, Joe Rogan. According to the Wall Street Journal, the deal is worth $100 million. This gets Spotify exclusivity to Rogan’s content including his successful show The Joe…
Facebook just entered the e-commerce market, posing a threat to commercial rivals such as Amazon. The social network giant will enable customers to display and sell their products directly through the Facebook app. The idea of supporting small businesses moving…
The coronavirus pandemic has hit the traveling industry the hardest. With international and domestic travel banned, many airlines have filed for bankruptcy. The hospitality industry has been hit hard as well, with hotels and Airbnbs suffering. Airbnb is a market…
JCPenney became one of the many businesses worldwide that the Coronavirus pandemic drove out of business. While some businesses have managed to deal with these financial difficulties better, others have failed. JCPenney, a century-old retail giant, had been struggling for…
In a deal rumored to have begun before the Pandemic hit, Facebook has decided to acquire Giphy for a reported $400 million. Giphy.com is the website that introduced the world to gifs. The massive video library will now be under…