Estée Lauder Has Acquired Tom Ford For $2.8 Billion
The acquisition of Tom Ford by Estée Lauder for $2.8 Billion is now a reality. It’s a done deal! The conclusion was initially reported by …
Investment
Tom Ford is Now a Billionaire Thanks to The $2.8 Billion Sale of His Fashion Label to Estée Lauder
The partnership between Estée Lauder and Tom Ford’s fashion house likely made Ford a billionaire. On Tuesday, the cosmetics conglomerate revealed that it would be …
Hopper Travel App Raised $96M From Capital One to Expand Social Commerce Features
Apparently, the recession hasn’t slowed down investors’ enthusiasm for the tourism sector. Online travel agency Hopper has raised a total of $740 million, including an …
FTX Bankruptcy: What Exactly Went Wrong & Why?
You have likely heard of FTX’s recent misfortune. This has likely planted some doubts about the future of cryptocurrency in the minds of investors and …
With $40M Funding, AutoLeadStar is Able to Develop its D2C Marketing Platform
AutoLeadStar, a Jerusalem-based startup that has developed a digital consumer data and experience platform for the automobile sector, announced on Monday the completion of a …
Elon Musk Announces Twitter Blue Will Cost $8 Per Month
Elon Musk, who now owns Twitter, has issued his first ultimatum to his staff: either meet his deadline to establish paid verification on Twitter or …
JPMorgan Creates a Startup Fundraising Platform
The bank JPMorgan Chase & Co. (JPM.NYSE) is launching a platform that will help connect startup founders with venture capital investors. The goal is to …
Meta Spent $15 Billion Building The Metaverse, But Nobody Knows Where The Money Went
While more than $15 billion has been invested by Meta since the beginning of last year in its metaverse initiative, the precise whereabouts of this capital …
Neobank Step Raises $300 Million in Debt Financing
Step, a Palo Alto, California-based supplier of financial solutions for millennials, has raised $300 million in debt financing. Evolve Bank & Trust and Triplepoint Capital …