“Whatever business you’re in, every night get down on your knees and say, ‘Please God, don’t let Amazon come into my business’”, Aswath Damodaran, professor of finance at the Stern School of Business had said at a Nordic Business Forum about two years ago. “… because whether Amazon makes money or not, I will guarantee…
iD’s coffee vertical, launched in October 2018, expanded its portfolio in January 2021, with the launch of three unique blends of iD’s first-of-its-kind instant filter coffee liquid – strong, bold and intense; helping its customers enjoy restaurant-like filter coffee at home. Over the last year, iD’s Filter coffee has grown 85% month-on-month, and the company…
Indian conglomerate Tata Sons plans to buy a majority stake in Alibaba-backed online grocery seller BigBasket, a filing with the country’s antitrust body showed on Friday. The deal, if approved, would put Tata — a more than 150-year-old group with interests in everything from luxury cars to software — in direct competition with Amazon, Walmart’s Flipkart,…
Pony Ma’s Tencent Holdings Ltd. has been put on notice. Asia’s largest conglomerate was censured by China’s antitrust watchdog on Friday as Beijing expands a crackdown that began with Jack Ma’s online empire. The token fine is just the beginning. China’s top financial regulators see Tencent as the next target for increased supervision after the…
Tanzanian President John Magufuli has not been seen for 17 days, prompting rumors about his health. Magufuli declared Tanzania Covid-free last May and stopped releasing data. He has rejected vaccines. Media reports and claims from an opposition figure have fed rumors he is gravely ill with Covid-19. See more stories on Insider’s business page. Dar…
Mary Kearl is a professional freelance writer and marketing consultant. As a freelancer, she enjoys being able to make more money, choose her own hours, and be an active caregiver to her toddler. If the PRO Act in its current form passes in the Senate, Kearl says she could potentially most of her clients and…
Ex-Trump lawyer Rudy Giuliani will be able to keep his honorary degree from St. John Fisher College. The school’s board of trustees voted to rescind the degree but did not meet a majority requirement. College alums urged the school to revoke the degree after Giuliani peddled baseless claims of voter fraud in the 2020 election.…
Court documents published by Politico offer an insight into a Capitol rioter’s white supremacist ties. Hale-Cusanelli worked at a New Jersey naval facility where he held secret-level security clearance. Investigators found that Hale-Cusanelli’s coworkers could recall numerous incidents of racist behavior. See more stories on Insider’s business page. A US Army reservist who is charged…
Chris Sacca. Steve Jennings/Getty Chris Sacca sees the $69 million NFT sale this week as significant.The venture capitalist said people shouldn’t ignore non-fungible tokens.Sacca highlighted the appeal of collectibles and the value of creators getting paid.See more stories on Insider’s business page.Some people will have rolled their eyes at the record-breaking $69 million sale of…
To promote classic movies on its streaming service, HBO Max has created modern trailers for some classic movies including Alien and Gremlins among others. Their heart is in the right place, but unfortunately this basically means every movie gets spoiled because modern trailers are godawful. Seriously. Like don’t watch any of these if you haven’t…
