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3 mins read

Netflix cofounder Reed Hastings, who bought a ski mountain in Utah, snaps up more land for his public-private mountain experiment

Netflix co-founder Reed Hastings is jacking up prices for season passes and selling lots for $2 mil…

Ana Altchek   


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2 mins read

Warren Buffett snaps up nearly $600 million of Occidental stock in 3 days, signaling he likes the energy group's latest deal

Warren Buffett's Berkshire Hathaway bought 10.5 million Occidental shares in three days after the o…

Theron Mohamed   


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1 min read

Snap stock jumps as much as 8% as the social media site sees delivering years of hefty revenue growth

Snap shares surged as the company said work on its self-serve ad platform puts it on course for man…

Carla Mozée   


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2 mins read

Sensex snaps 5-day losing streak on value-buying; Nifty closes near 17,000 level

Halting its five-day losing streak, the 30-share BSE benchmark rose 78.94 points or 0.14 per c…

PTI   


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1 min read

Snap up Tesla stock because a new Twitter CEO will allow Elon Musk to focus on his 'golden child', Wedbush says

Musk finding a new boss for the social-media giant will remove a "lingering albatross" from Tesla's…

George Glover   


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2 mins read

Morgan Stanley snaps up asset manager Eaton Vance in $7 billion takeover as its buying spree continues

The deal is part of the Wall Street firm's push to acquire businesses across a number of platforms,…

Shalini Nagarajan   


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1 min read

US stocks slip as grim Snap earnings stoke fears of broader tech weakness

US stocks edged lower Friday morning as investors digested poor results from Snap. Shares of the co…

Jennifer Sor   


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1 min read

Michael Saylor's MicroStrategy snaps up another 6,455 bitcoin as token rallies, bringing its total holdings to $3.88 billion

Saylor's software company also paid off the remaining principal on a $205 million loan from failed …

Phil Rosen   


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2 mins read

Superstar boy band BTS's agency moves in on top K-pop rival by offering to snap up a leading stake

Hybe, which manages BTS, offered to buy a 25% stake in SM Entertainment on top of its previous 14.8…

Ryan Hogg   


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6 mins read

Sweetgreen is among the 12 chains Taco Bell owner, Yum Brands, could buy as the company's CFO tells investors it's hunting for an acquisition

Yum Brands is looking for a potential restaurant chain to buy. Here are 12 the company may consider…

Nancy Luna   


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2 mins read

Snap jumps as 1st-quarter revenue beats expectations and guidance surges

Global active daily users climbed by 51% during the first quarter.

Carla Mozée   


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3 mins read

Laid-off Snap employees are fielding dozens of messages from TikTok, Facebook, and Netflix recruiters

Recruiters from TikTok, Facebook, and Netflix are clamoring to interview former Snap employees who …

Jordan Parker Erb   


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2 mins read

Apple is reportedly in the process of snapping up NextVR, its third acquisition in the past week

Based in California, NextVR made a name for itself by partnering with sports brands such as the NFL…

Bani Sapra   


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3 mins read

Meta and Google are snapping up Twitter employees as Elon Musk plays a game of will-he-won't-he with the company

Ultimately, the exodus could play into Elon Musk's plans. The billionaire has joked about initiatin…

Grace Kay   


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1 min read

CBOE whipsaws on reports of a possible CME acquisition, briefly halting trading in shares of the options exchange

Volatility in CBOE shares was so extreme that trading was shuttered by the market's built-in circui…

Ethan Wu   


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2 mins read

'Big Short' investor Michael Burry trolls Elon Musk by backing a SpaceX rival

Burry didn't just bet against Tesla stock last quarter, he also invested in a SPAC that's buying Ro…

Theron Mohamed   


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2 mins read

Warren Buffett is eager to invest $80 billion. That's enough to buy GM, FedEx, or Activision Blizzard.

The famed investor's company could easily afford Twitter, Chipotle, Ford, eBay, and other blue-chip…

Theron Mohamed   


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2 mins read

Grace Kay   


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1 min read

Michael Saylor's MicroStrategy snaps up $190 million of bitcoin, lifting its stockpile to $6 billion

MicroStrategy received a $205 million loan last month from crypto lender Silvergate Bank to buy mor…

Phil Rosen   


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2 mins read

Sam Bankman-Fried has more than $2 billion ready to bankroll acquisitions and if they're as 'cheap' as Robinhood, that's a good thing

Sam Bankman-Fried is eyeing investments and deals that will expand FTX from a cryptocurrency exchan…

Zahra Tayeb