eBay Buys Depop for $1.2B to Attract Younger Shoppers
eBay purchases secondhand fashion app Depop from Etsy in a $1.2 billion cash deal, aiming to expand its reach among Gen Z consumers and capitalise on the growing resale market.
eBay purchases secondhand fashion app Depop from Etsy in a $1.2 billion cash deal, aiming to expand its reach among Gen Z consumers and capitalise on the growing resale market.
DoorDash's Q4 revenue surged 38% with 903 million orders, but stock fell due to high costs for autonomous robots and drone delivery tests.
FCC Chairman Brendan Carr has endorsed the $3.54 billion acquisition of Tegna by Nexstar, a move set to create the largest regional TV station operator in the United States.
A Suffolk man who invested £12,000 in Brewdog's Equity for Punks crowdfunding scheme six years ago now fears losing everything as the company prepares for a sale that could leave ordinary investors with nothing.
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RecommendedPennsylvania-based cookie company Taylor Chip has filed for Chapter 11 bankruptcy, citing over $2.5 million in debt and permitting delays in Philadelphia expansion. Stores in Philadelphia close, while others remain open.
Pennsylvania's Taylor Chip, once compared to Crumbl for its oversized cookies, has filed for Chapter 11 bankruptcy with $2.5 million in debt, closing Philadelphia stores.
Vodafone agrees to sell its 50% share in VodafoneZiggo to Liberty Global for €1 billion, gaining cash and a 10% stake in the new Ziggo Group holding company.
Spanish beauty giant Puig reports €5 billion revenue for 2025, with makeup sales soaring 26.5% in Q4, led by Charlotte Tilbury's expansion and Amazon US entry.
Glencore announces a $2bn shareholder payout despite a 6% fall in annual profits and the collapse of a $260bn merger with Rio Tinto, focusing on copper growth.
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RecommendedMarasu's Petit Fours, a premium UK chocolate producer founded in 1986, has entered administration. The London-based company, which supplied luxury retailers, faced difficult market conditions and soaring cocoa prices.
Mike Cannon-Brookes' wealth plunges from $15bn to $7.7bn as Atlassian shares tumble over 70% amid AI fears and a complex divorce settlement involving a $10bn asset pool.
Berkshire Hathaway discloses a $350 million investment in the New York Times, marking a surprising reversal from Buffett's previous stance on newspaper industry decline.
Taylor Chip, the beloved Pennsylvania cookie company known for oversized treats, has filed for Chapter 11 bankruptcy with $2.5 million debt. Founders cite Philadelphia delays and rising costs as key factors.
Bayer has agreed to a proposed $7.25 billion settlement to resolve thousands of U.S. lawsuits alleging Roundup weedkiller causes cancer, while maintaining its dispute over glyphosate safety.
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RecommendedWarner Bros Discovery has restarted negotiations with Paramount Skydance, giving them a week to submit a final offer while still recommending shareholders back Netflix's £61.2 billion bid.
Warner Bros Discovery has reopened talks with Paramount Skydance, allowing seven days for a superior bid to top the Netflix merger agreement, with a shareholder vote scheduled for March.
Thomas Pritzker retires as Hyatt Hotels executive chairman, expressing deep regret for his association with Jeffrey Epstein and Ghislaine Maxwell following document revelations.
Netflix has granted Warner Bros. Discovery a seven-day waiver to reopen takeover discussions with Paramount Skydance, with negotiations set to conclude by February 23.
From anarchic beginnings to corporate controversies, BrewDog's journey sees 2,000 bars drop Punk IPA, £148m losses, and angry investors as sale looms.
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RecommendedBillionaire Thomas Pritzker has resigned as executive chair of Hyatt Hotels, citing 'terrible judgment' in maintaining contact with Jeffrey Epstein and Ghislaine Maxwell.
Volkswagen unveils a sweeping restructuring plan to reduce costs significantly, driven by intense competition from Chinese electric vehicle manufacturers and shifting market dynamics.
Peter Waddell, founder of Big Motoring World, is suing his own company after being dismissed following allegations of harassment, bullying and race discrimination. The multimillionaire claims his disabilities were ignored.
Paramount has enhanced its hostile $108.4bn takeover offer for Warner Bros Discovery with a $650m quarterly 'ticking fee' if the deal stalls, potentially reigniting a bidding war with Netflix.
US private equity firm Carlyle has backed a £150 million refinancing deal for online retailer Very Group, extending loan maturities and converting debt to equity as it seeks a sale.
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RecommendedBrewDog's potential sale could leave 220,000 crowdfunding investors empty-handed, while private equity backer TSG stands to gain millions, sparking backlash over the company's treatment of small shareholders.
Warner Bros Discovery is reportedly reconsidering sale talks with Paramount after an improved bid, potentially jeopardising its current agreement with Netflix. The board evaluates a revised proposal offering shareholder incentives and breakup fee coverage
James Watt, co-founder of BrewDog, is reportedly exploring a bid to repurchase the craft beer firm as it faces financial struggles and a potential sale, following years of controversy and losses.
A recruitment business that collapsed owing £2.9m, including £647k to HMRC, has been repurchased by its ex-owner and now offers staff an all-expenses-paid Las Vegas trip, raising concerns over phoenixism practices in corporate insolvency.
Craft beer giant BrewDog has appointed AlixPartners to oversee a potential sale or breakup after years of losses and leadership controversies.
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RecommendedCraft beer giant BrewDog is evaluating a potential sale after appointing AlixPartners to find new investors, while ceasing spirits production to focus on core beer brands like Punk IPA.