In the past years, big media companies were scrambling to place their capital on Vice Media, with Disney leading with over $400 million in investments, says Vox. However, Disney now reveals that the assets placed on Vice have been...
The International Monetary Fund (IMF) recently revealed that a huge chunk of foreign direct investments (FDIs) across the globe are multinational firms looking to minimize the tax they pay. The Financial Times noted that these FDIs are “phantom” investments...
America’s multi-tech and retail company Amazon announced the launch of Amazon Professional Beauty Store, offering professional stylists and aestheticians beauty supplies for spas and salons.
On June 24, 2019, the company has unveiled its newest section, where beauty experts can...
Kim Kardashian-West, a reality television star turned entrepreneur, announced the decision to drop the brand Kimono after receiving backlash from the people of Japan and around the globe.
Outpouring Backlash
In the last week, the KKW Beauty founder announced the name...
Investments on thematic industries such as marijuana, clean energy and solar power showed great performance in the first two months of the year, Sarah Ponczek from Bloomberg reports. Investors in these industries are already seeing a 30% growth. This...
Start-up investment ecosystem Roobee is the preferred platform by crypto whales, says News BTC. This new service is changing the crypto investing landscape by enabling interested investors to invest in the crypto sector for a low cost.
Roobee uses blockchain...
CabbageTech CEO Patrick McDonnell was indicted in New York after being charged with defrauding investors out of more than $200,000, says Coin Desk. Using the name Jason Flack, McDonnel stole from November 2014 to January 2018. He was able...
Social networking site Facebook expresses its plan to invest $300 million in local programs related to news, The Economic Times reports. According to Campbell Brown, this development aims to aid local newsrooms and publications to recover from the decrease...
Australian digital lending company and neobank Xinja Bank recently obtained a $255 million ($433 million in Australian dollars) investment from Dubai-based firm World Investments. Following the massive investment, the Australian firm is gearing up to take its company to...
While the U.S. government shutdown can make investors uncertain, its impact usually is short-lived to the markets, Fidelity Investments said. This shutdown impasse takes place at a time when many investors are already concerned about reduced earnings and rising...
