Norwegian Adevinta is buying eBay’s (EBAY) $ 9.2 billion classified ad business to create the world’s largest online classified ad company. In the age of Google (GOOGL)and Facebook (full board)The classifieds are not exactly a gigantic business: they accounted for only about 3% of the $ 125 billion internet advertising …
Read More »Rapid earnings for the second quarter of 2020
Evan Spiegel, co-founder and CEO of Snap Inc., is on the floor of the New York Stock Exchange during the company’s initial public offering on Thursday, March 2, 2017. Michael Nagle | Bloomberg | fake pictures Initially, Snap’s share price plunged more than 11% after hours, and then moderated to …
Read More »Tesla reports earnings tomorrow. This is what to expect.
Text size Tesla shares have risen nearly 290% so far this year and 526% in the past year. Spencer Platt / Getty Images Electric vehicle maker Tesla reports earnings after the close of operations on Wednesday. The report, and the subsequent reaction to the stock price, should be wild. This …
Read More »Starbucks is changing the annoying thing about Starbucks Rewards
Starbucks (SBUX) regulars are familiar with recharge panic. For years, customers have had to load money onto a Starbucks card to purchase food and beverages through the app and earn rewards. Although the app allows customers to automatically top up funds when their balance is too low, they currently cannot …
Read More »TikTok says it wants to hire 10,000 employees in the U.S.
The flags of China and the USA are seen near the TikTok logo in this illustrated image taken on July 16, 2020. Florence Lo | Reuters TikTok announced Tuesday that it plans to hire 10,000 employees in the United States over the next three years, despite a possible ban on …
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