PM Boris Johnson Launches Britain’s New Passport Made In Poland Boris Johnson has unveiled the long-awaited Britain’s blue passport which will finally roll out next month after a 30-year hiatus. The Prime Minister was pictured holding the new travel document on a flight to Newcastle Airport on the day Britain left […]
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How 22-year-old Social Media Influencer Scammed Her Fans Of $1.5 million A 22-year-old from South Jersey is accused of orchestrating a $1.5 million fraud scheme by using her social media following to target victims. Kayla Massa has over 300,000 Instagram followers and 100,000 YouTube subscribers. On Feb. 13, federal authorities […]
Apple Loses $34 billion In Market Value A string of US companies has been cautioning investors that first quarter sales could take a hit from the spread of coronavirus. Apple (AAPL) just made it all more real.The $1.4 trillion company put out a surprise investor update on Monday, warning that it no longer expects to […]
Jeff Bezos Pledges $10 Billion, 10% Of His Net Worth Toward Solving Climate Change Amazon CEO Jeff Bezos, who is the richest man in the world, announced in an Instagram post on Monday that he was donating $10 billion to combat climate change in a new initiative called the Bezos Earth Fund. […]
Bloomberg Spent More Than $1 Million On Barrage Of Instagram Memes The much-discussed Bloomberg political ad campaign that employed around 30 different influencers to create Instagram memes delivered a lot of hype for little money, according to experts who spoke with Forbes, who estimatethat it cost between $1 million and $1.5 million. […]
Nissan Sues Carlos Ghosn For $90 Million Nissan Motor Co. said Wednesday in a release it is suing its former chairman, Carlos Ghosn for “an initial amount” of $90 million “in order to recover a significant part of the monetary damages inflicted on the company (by Ghosn)..as a result of years […]
Barclays CEO Staley Probed By Britain’s Financial Watchdogs Over Links With Longtime Friend Britain’s financial regulators are investigating Barclays chief executive Jes Staley over his links to disgraced financier Jeffrey Epstein and concerns that he was not fully transparent about the extent of their relationship. Staley, an American banking executive, […]
Casino Operator Losing Up To $2.6 Million Per Day From Coronavirus Shutdown Wynn Resorts, which operates high-end hotels and casinos around the world, said in its latest earnings call that it was losing as much as $2.6 million per day from closures in Macau due to the coronavirus. The company’s […]
Spotify Continues $400 million Spree, To Acquire Bill Simmons’ The Ringer Spotify announced Wednesday it will acquire Bill Simmons’ The Ringer, a sports website and podcast network with more than 36 shows. It is the Swedish company’s first big acquisition of the year since its $400 million spree in 2019 […]
Ryan Roslansky To Take Over As LinkedIn CEO Ryan Roslansky, a senior vice president at LinkedIn, Microsoft-owned company, is taking over from Jeff Weiner on June 1 and the two are seemingly focused on continuing the company’s work to limit bias among its users. Weiner, who ranked on Forbes’ 2018 list of […]
Alphabet Is No Longer A Member Of $1 Trillion Club After joining the likes of Apple, Microsoft and Amazon in the $1 trillion club for the first time last month, Alphabet, Google’s parent company, saw its stock market value fall back below that threshold on Tuesday after the company underperformed in […]
Gokada Raised $5.3 million Before Going Into Cockroach Mode – CEO Fahim Saleh Two-year-old startup, Gokada is going into ‘cockroach’ mode as the company’s CEO Fahim Saleh announces major layoffs in the wake of ‘okada’ ban in Lagos state Nigeria. Launched in January 2018, the startup was founded by Fahim […]