Snap Inc.’s days as a high-growth young tech stock are officially over. The company’s stock has been in decline since its initial public offering (IPO) in 2017, and the market is now recognizing that Snap is no longer the up-and-coming player it once was. This shift away from growth...
Southwest Airlines recently reported a larger-than-anticipated loss in the fourth quarter of 2022 and has announced that the consequences of its December flight cancellations will be felt for at least another three months. This is due to delays caused by an unexpected number of aircrafts being taken out of...
Tesla CEO Elon Musk testified in court that he did not have “specific” funding to take the company private, but finance was “not an issue”. He explained that while he had discussed potential investments with investors, the conversations were not binding. Musk stated that his main focus when considering...
Emergency personnel have responded to a tragic scene of multiple fatalities in Monterey Park, east of Los Angeles, following a mass shooting on Saturday night. Police and other authorities were alerted to the incident at approximately 10:30 p.m., after reports of shots being fired near 122 West Garvey Avenue,...
Netflix co-founder Reed Hastings has stepped down from his position as CEO and transitioned to the role of Chairman. He will remain on the Board of Directors and help guide strategic decisions for Netflix’s future. In addition, Greg Peters, who had been Chief Product Officer at Netflix since 2011,...
The European Union’s biometric border system has been facing more delays, as the system has yet to be implemented. This system is intended to improve security of the EU’s external borders, by providing a more centralized and secure system for managing information about travelers. However, the project has been...
An soccer prosecutor has stated that the case involving two former Fox executives accused of bribing officials in the South American soccer federation is all about corruption. The case involves the two former Fox executives, who are accused of bribing officials in the South American soccer federation in exchange...
In 2020, a surprising number of 5.2 million new businesses were started in the United States – an increase of nearly 40 percent from the previous year. This stark jump in new startups is a sign that the COVID-19 pandemic has not deterred entrepreneurs from starting new businesses. The...
It is essential that CEOs of businesses have a strong understanding of the fundraising process. Fundraising is a crucial part of running a successful business, and CEOs should have a firm grasp of the basics. CEOs need to know how to assess potential investors, understand which investments will benefit...