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Category: Business

Can Ozy Media Survive? Carlos Watson Insists the Embattled Company Will Not Shut Down Despite the Crazy Samir Rao Scandal (UPDATE)

Ozy Media's chief executive said Monday the company is not shutting down, contrary to explicit statements Friday. The chief executive of the eight-year-old media and entertainment company, Carlos Watson, said in an interview...

‘Lost Ark’ Hand Gesture is Igniting an Anti-Feminist Gender War in South Korean Advertisements … Here’s Why

When users logged onto "Lost Ark," an online multiplayer video game, they clicked on an icon of a hand gesture to make their characters laugh, talk, and interactive with other players in...

Rolex Shortage Fake or Real? Waiting List and Inventory Shortage Could Have Actually Been Created by the Company … Not Demand

Rolex is finally speaking out about the shortage of their watches. For months, the high-end timepiece company has had what seemed like an inventory problem. But there have been critics who have...

Are Takata Airbag Inflators Dangerous? Why Inflators in Honda, Ford, Toyota and Other Vehicle Models Are Being Investigated by the National Highway Traffic Safety...

Federal authorities are looking into potentially defective Takata airbag inflators, a government document shows. The investigation is looking at vehicles by the following automakers: Honda, Ford, Toyota, General Motors, Nissan, Subaru, Tesla,...

Zoom Has Major Setback in Five9 Acquisition Plan: How Will This Affect the Company’s Expansion Strategy?

A prominent shareholder advisory service recommends that shareholders vote against Zoom Video Communications’ plan to buy Five9 Inc.  Zoom (NASDAQ: ZM), a company that has famously benefited from the virtual nature of office...

Winklevoss Twins are Investing in Woolly Mammoths! Colossal Wants to Use Elephant DNA to Create New Animal Population … Is it Ethical?

Tyler and Cameron Winklevoss, the "Winklevoss twins" who once claimed that the idea for Facebook had been stolen from them, have reportedly invested in a startup with ambitions reminiscent of "Jurassic Park."  The...

AMC Announces Theaters Will Accept 4 Cryptos: The Stresses of a Meme Stock and AMC Entertainment’s CEO’s Newest Assemblage of Financial Tools

AMC Entertainment announced that it would accept four different cryptocurrencies for movie tickets or for purchases at its concessions. The decision has investors and moviegoers alike wondering: Why four cryptos? Adam Aron, the chief...

Coinbase Increases Bond Sale From $1.5 Billion to $2 Billion: Crypto Exchange Makes Massive Leap as Private Investors Bite

Coinbase has upped the size of its bond sale from a planned $1.5 billion to $2 billion given the unexpected flood of bids from private investors. Coinbase, a cryptocurrency exchange founded in June...

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