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in BusinessPornhub’s Instagram Account Taken Down After Concerns About Site Content
Instagram has removed the official account of Pornhub—one of the world’s most popular adult sites—from its platform, the latest escalation as tech giants crack down on purveyors of adult content amid mounting public pressure and allegations of widespread abuse and illegal content online. Pornhub’s Instagram account had some 13.1 million followers and more than 6,200 […] More
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in BusinessDow Passes 30,000 for First Time Ever
According to reports, the Dow Jones Industrial Average rose above 30,000 for the first time after news related to COVID-19 vaccines surfaced. Along with that, news of Trump’s administration approving the transition to Joe Biden arrived, which reportedly had an effect. The gains that the Dow received put it up 13% for the month, which […] More
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in BusinessMichael Kors Makes Bid To Buy Versace For $2 Billion Dollars
Michael Kors is about to level up. The brand known form the handbags is reportedly gearing to buy Versace for $2 billion. According to the Financial Times, Michael Kors Holding Ltd. is scheduled to announce the deal to buy the famed Italian fashion house as early as Tuesday (Sept. 25). Also involved in the sale is the U.S.-based Blackstone […] More
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in BusinessNike’s sales jump 31% in wake of Kaepernick ad campaign
Nike’s controversial “Just Do It” 30th anniversary campaign with Colin Kaepernick was derided by many, spawned online-shoe burning videos and prompted one Louisiana mayor to ban Nike products from city rec facilities. Even President Trump argued, “Nike is getting absolutely killed with anger and boycotts.” But the calculated gamble appears to have paid off for shoe giant in free publicity and sales. […] More
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in BusinessComing to a theater near you: Amazon?
It looks like Amazon may be gearing up to make more moves in the brick-and-mortar world. Bloomberg reports that the e-commerce behemoth is putting itself in the running to acquire Landmark Theatres, which claims to be the United States’ largest chain of movie theaters focused on art house (indie and foreign) movies, with a network of 56 cinemas, covering […] More
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in BusinessBlockbuster Has Only One Remaining Store Left
Blockbuster? What’s that? The question everyone born after the year 2000 is asking themselves. Well for us older folks we know, or at least knew. The troubled franchise is almost, completely gone…Except for one last standing location in Oregon. A couple franchise outlets in Alaska famously continued to survive long after the parent company of […] More
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in BusinessCineworld to Buy Regal in $3.6 Billion Theater Deal
British movie theater operator Cineworld has agreed to buy American counterpart Regal Entertainment for $3.6 billion, creating the world’s second-largest cinema operator. Cineworld said Tuesday the deal would give it a meaningful footprint in the U.S.–the biggest box office market–and create a company with more than 9,000 screens. It added that the combined group’s scale […] More
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in BusinessAmazon May Have Made Over $1 Billion In 24 Hours After Dominating Black Friday
With a healthy economy and shoppers savvier than ever (and wisely unwilling to leave the warm comfort of their pajamas for sales deals), Amazon has once again made a boatload of cash on Black Friday. Considered the biggest sales day of the year in the United States, Black Friday was traditionally a day that was […] More
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in BusinessWeed Company Mocks Big Pharma Ads In Genius Parody Video
It’s 2017, and cannabis is legal for medicinal use in 27 US. states. This said, why are people still reaching for prescription drugs when they have access to a plant that has killed 0 people in the history of Earth— and is proven to deliver numerous benefits? It’s a valid question — one the Oregon-based cannabis […] More
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in BusinessAmazon CEO Jeff Bezos Becomes World’s Richest Person
Jeff Bezos has again claimed the No. 1 spot on the list of the world’s wealthiest individuals, after Amazon investors pushed the stock up more than 11% on Thursday’s strong third-quarter earnings report. Bezos, Amazon’s founder and CEO, had a net worth as of Friday morning of $91.6 billion, according to Forbes’ real-time ranking of […] More
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in BusinessDwayne Johnson (AKA The Rock) Opens Ad Agency
Dwayne Johnson the pro wrestler turned actor and entertainment producer has opened up a new ad agency called Seven Bucks Creative with his manager Dany Garcia, The news was first reported by Adage.com. The name derives from a low point in Johnson’s career when he had $7 to his name, or so the story goes. He also […] More
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in BusinessEquifax Executives Reportedly Sold $2 Million Worth Of Stock Before Publicly Revealing Its Data Breach
On Thursday, Equifax made a major disclosure — the leaking of up to 143 million consumers’ personal information, including social security and credit card numbers — regarding a cybersecurity “incident.” The realization that a major credit bureau’s oopsie could result in damaged credit for much of the affected group was too much to accept for […] More
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