Tag Archives: business

Tumblr Allows “Naked Human Form” (But Not Porn)

Motherboard reports: Nudity is back on Tumblr—but only the not-horny kind. In a company announcement on Tuesday, Tumblr staff wrote: “We now welcome a broader range of expression, creativity, and art on Tumblr, including content depicting the human form (yes, that includes the naked human form).” Notably, explicit content, such as sex acts or “content with an overt focus on …

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Twitter To Begin Charging Verified Users $20/Month

The Verge reports: Now that he owns Twitter, Elon Musk has given employees their first ultimatum: Meet his deadline to introduce paid verification on Twitter or pack up and leave. The directive is to change Twitter Blue, the company’s optional, $4.99 a month subscription that unlocks additional features, into a more expensive subscription that also verifies users, according to people …

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Musk Takes Over Twitter, Fires Top Execs Including CEO

The Guardian reports: Elon Musk has completed his $44bn takeover of Twitter, taking control of the company and reportedly firing several top executives, including the chief executive, Parag Agrawal. The world’s richest man tweeted “the bird is freed”, in a reference to Twitter’s corporate logo. Shortly after taking the helm of Twitter, Musk reportedly ousted several senior figures, including Agrawal; …

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Musk: I Won’t Let Twitter Be “Free-For-All Hellscape”

Yahoo News reports: Elon Musk has said he is buying Twitter to “help humanity” and create a “common digital town square” in a message ahead of the expected completion of his takeover of the site on Friday. In a statement uploaded to Twitter aimed at the platform’s advertisers, Mr Musk said he was acquiring the platform because he believed it …

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Gap And Foot Locker Pull Kanye West’s Product Lines

ABC News reports: As the corporate backlash against Kanye West mounts, Gap has announced it is pulling the rapper’s Yeezy Gap line of merchandise from its stores and has shut down YeezyGap.com. Additionally, Foot Locker is pulling Yeezy products from its shelves. “Our former partner’s recent remarks and behavior further underscore why we are taking immediate steps to remove Yeezy …

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Circle K Signs Deal To Sell Weed At Florida Gas Stations

Bloomberg News reports: Weed is coming to US gas stations. Green Thumb Industries Inc., one of the largest US cannabis producers, signed a deal with Circle K, the global convenience-store chain, to sell licensed marijuana at its Florida gasoline retailers. The partnership will begin next year with 10 of the company’s 600 locations in the state, Green Thumb said. The …

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Kroger To Buy Albertsons In Grocery Mega-Merger

CNBC reports: Rival grocers Kroger and Albertsons on Friday announced plans to team up. The companies said Kroger agreed to buy Albertsons for $34.10 a share in a deal valued at $24.6 billion. Albertsons shares had closed Thursday at $28.63 after surging on reports that a deal was imminent. Kroger is the second-largest grocer by market share in the United …

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Feds Investigate Elon Musk Over Twitter Acquisition

The Guardian reports: Elon Musk is under a federal investigation related to his $44bn takeover of Twitter, the social media company has said in a court filing made public on Thursday. While the filing said he was under investigation, it did not say what the focus was, or which federal authorities were investigating. Twitter, which sued Musk in July to …

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NPR: Carbon Dioxide Shortage Imperils Beer Supply

NPR reports: Carbon dioxide has no taste, no odor, and no color — but it’s a vital ingredient in the beer business, from putting frothy bubbles in brews to blocking oxidization that makes beer taste stale. But brewers are now worried that a carbon dioxide shortage could force production cuts and price hikes. It’s the latest threat to an industry …

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Twitter Shareholders Approve Musk’s Purchase Bid

CNBC reports: Twitter shareholders voted Tuesday to approve Elon Musk’s $44 billion bid to buy the company and take it private. The vote comes as Musk seeks to scrap the deal, casting doubt on Twitter’s self-reported percentage of fake accounts and alleging the company was not as forthcoming as it should have been with its explanation of the calculation. Twitter …

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United Airlines To Purchase 200 Electric “Air Taxis”

The Verge reports: United Airlines is investing $15 million in Eve Air Mobility, an electric aviation startup owned by Brazilian aircraft manufacturer Embraer. As part of the deal, United will purchase 200 of Eve’s electric air taxis, which can seat four passengers and take off and land vertically like a helicopter. This is the second major investment from United in …

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VA Country Club Sorry For 9/11-Themed Special Menu

Washington DC’s ABC affiliate reports: A manager at a Manassas, Va. country club apologized on Facebook Tuesday after receiving backlash on a 9/11 special menu that included a Remember-tini, Flight 93 Redirect and Pentagon Pie. The menu has since been taken down online, but not before some people captured the menu and posted it to a private community Facebook group. …

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Bed Bath & Beyond CFO Jumps To His Death In NYC

The New York Post reports: The chief financial officer of troubled Bed Bath & Beyond has been identified as the man who jumped to his death from the iconic new Tribeca skyscraper known as the “Jenga Building,” The Post has learned. Gustavo Arnal, 52, who was also an executive vice president for the struggling home goods retailer, plunged from the …

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Twitter To Finally Offer Long-Demanded Edit Button

The New York Times reports: Begone typos and grammar mistakes! Begone fat-fingered auto corrected slip-ups and textual despair! The edit button is coming to Twitter. On Thursday, after countless pleas from many of its more than 237 million users, some people will start being able to click a button on the social media service to edit a tweet after they …

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Bed Bath & Beyond To Shutter 150 Stores [VIDEO]

Reuters reports: Bed Bath & Beyond Inc on Wednesday said it inked deals for more than $500 million in new financing and that it would close 150 stores, cut jobs and overhaul its merchandising strategy in an attempt to turn around its money-losing business. Investors, however, remain concerned that the retailer’s plan, announced in a strategic update, will do little …

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Twitter Seeks Shareholder Approval For Musk Deal

Ars Technica reports: Twitter is moving ahead with a shareholder vote on the merger with Elon Musk a few weeks before its lawsuit against Musk goes to trial. Twitter yesterday sent a letter to shareholders inviting them to a September 13 special meeting where they will be asked to approve the merger agreement that Musk is now trying to get …

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Elon Musk Loses Attempt To Delay Twitter Buyout Trial

Reuters reports: Twitter Inc’s lawsuit to hold Elon Musk to his $44 billion takeover will go to trial in October after a Delaware judge said on Tuesday the social media company deserved a quick resolution of the deal’s uncertainty. The ruling is a blow to Musk who pushed for a trial in February which his lawyer told the court would …

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Amazon Sues Over Fake Reviews Coordinated On FB

The Wall Street Journal reports: Amazon said it filed a lawsuit against the administrators of what it says are more than 10,000 Facebook groups used to coordinate fake reviews of Amazon products. Those in charge of the Facebook groups solicit the reviews for items ranging from camera tripods to car stereos in exchange for free products or money, Amazon said …

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NY To See Up To 200 Weed Stores By End Of Year

The New York Daily News reports: State regulators approved rules Thursday governing New York’s soon-to-begin retail cannabis sales, ensuring the first batch of licenses will go to business owners with past pot convictions. Under the state’s Seeding Opportunity Initiative, between 100 and 200 dispensary licenses could be issued by this fall, with sales allowed before the end of the year. …

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Airbnb Permanently Bans House Parties At Its Rentals

Via press release from Airbnb: At Airbnb, we believe the neighborhoods and communities in which we operate are as important as the Hosts and guests who use our service. We know that the overwhelming majority of our Hosts share their homes responsibly, just as the overwhelming majority of guests are responsible and treat their listings and neighborhoods as if they …

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