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Business News

Location American Business News for 5 April 2021
AI chip startup SambaNova systems has raised $650 million, bringing its total raised to over $1 billion at a $5 billion valuation.
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Lego's Drive to Teach Polish Kids How to Be Eco-Friendly Beats Target by Over 300% It's vital that to ensure a better future for the world, future generations understand the problems they will inherit. The climate crisis is the top priority. Top line Poland is known to have the worst air pollution in E...
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Neutrogena Debuts Its Own Content Studio

AdWeek - 5 Apr 2021 15:00
Neutrogena Debuts Its Own Content Studio Johnson & Johnson skin care brand Neutrogena has established its own content studio, which will produce both long- and short-form unbranded material meant to inspire and inform members of the public. "Neutrogena Studios ...
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Inside BritBox's strategy to hold the streaming British TV crown Audiences are subscribing to more streaming services than ever, and niche players like BritBox are on the rise to give you exactly what you want. You love British TV—even if you don’t know it. Read Full Story
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The investment, in the form of convertible debt, is set to be announced Monday.
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Wedbush Securities upgraded its outlook for Tesla Inc. on Sunday following stronger-than-expected quarterly deliveries.
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Maryland hotel exec and Swiss billionaire make fully financed $680 million bid for Tribune Publishing Maryland hotel executive Stewart Bainum and Swiss billionaire Hansjorg Wyss have made a fully financed $680 million bid for Tribune Publishing, according to a source close to the situation.
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Adweek's Sustainability Stars: 17 Brand Leaders on a Mission to Help Our Planet Adweek has heard the drumbeat from our community of marketers for more than a year: To succeed in business and connect with consumers, brands must do good. These executives, including many founders, CEOs and C-suite pros...
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3 Times Square set to undergo $25 million revamp

New York Post - 5 Apr 2021 01:17
3 Times Square set to undergo $25 million revamp Three Times Square, one of the office-tower quartet that brought commercial rebirth to the Crossroads of the World, opened 20 years ago sporting a handsome design by Fox & Fowle. Now the 30-story tower's principal owner,...
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Starbucks Touts Sustainability in New Campaign Starbucks today unveiled a new social media campaign to get the message out about the sustainability commitments it made last year, with the aim of cutting its carbon, water and waste footprints in half by 2030. Top line...
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We have a high volume of applicants for each dog--applicants with superior math skills and glossy hair, applicants whose friends regard them more highly than yours do you.
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Why Holding 'Loki' Until June Could Be A Mistake For Disney An earlier premiere date would avoid conflict with 'Luna' and 'Black Widow' while keeping the Disney+ hype train running sans interruption.
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Pandemic Triggers More Local Uses for Google Maps, Search, YouTube Google shared an update on how people are using its products--Google Maps, Google Search and YouTube--to shop during the pandemic, particularly on the local level. Director of online to offline ad solutions Igor Liskovet...
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Why More Restaurant Companies Are Investing In Tech Startups Digital sales are now expected to make up more than half of limited-service business by 2025, which is a 70% increase over pre-COVID estimates. As such, restaurant companies are sprinting to partner with or acquire tech ...
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The videogame retailer seeks to raise up to $1 billion in the coming months, as it turns to investors to help support its turnaround plan.
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SoftBank Nears Deal to Take 40% Stake in Norway's AutoStore

Wall Street Journal - 5 Apr 2021 22:53
The parties are discussing a deal that would value the warehouse-automation company at nearly $8 billion including debt.
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Tesla stock surges after posting record deliveries in first quarter Tesla's stock price surged to its highest level in weeks early Monday as investors cheered the electric-car maker's record quarterly sales.
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MotoRefi Tech Makes It Easier For Millions To Refinance Car Loans Auto loan refinancing startup MotoRefi said millions of consumers can now more easily access its site through partner platforms connected by a new API.
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MicroStrategy Spends Another USD 15M on Bitcoin

Crypto News - 5 Apr 2021 14:21
MicroStrategy Spends Another USD 15M on Bitcoin One of the most bullish non-crypto companies, US-based software developer MicroStrategy, just increased their bitcoin (BTC) by spending another USD 15m once again. Per CEO Michael Saylor, the company has purchased an add...
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Innovation Starts with Defining the Right Constraints

Harvard Business Review - 5 Apr 2021 14:15
Why limiting time and outcomes — instead of budget and risk — inspires teams to think big.
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The U.S. Navy Might Buy Small Aircraft Carriers--But Who's Going To Build Them? The U.S. Navy's existing amphibious assault ships, doubling as "light carriers," are all the fleet needs to back up its full-size supercarriers, the service's top air-warfare officer said last week.
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NY Legalizes Pot: Will That Squash The State's Black Market? On the heels of New York becoming the 16th state in the nation to legalize recreational marijuana, the cannabis community is rejoicing in the afterglow. Will legalization be enough for the state to stamp out its black ma...
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