Nearly sixteen months ago, French president Emmanuel Macron started changing the brighter blue of the iconic red, white and blue French flag to a darker shade—and no one noticed.
Royal Dutch Shell, which is headquartered in the Dutch capital, The Hague, is looking to shift its base to the UK.
YouTube is making its dislike count private to deter harassment. The button will stay, but the count won’t be visible to viewers.
Founded in 2010, Paytm is one India’s earliest startup success stories. After attracting several marquee investors globally, from Berkshire Hathaway to Softbank, in 2016, the digital payments company received a boost after India suddenly took 500 and 1000 rupee bills out of circulation. For a while, it was the clear winner in the Indian digital money market.
Elon Musk sold 4.5 million Tesla shares for more than $5 billion in the last few days.
Falguni Nayar, an ex-investment banker, launched Nykaa in 2012, not long before she turned 50. Nine years later, the Mumbai-based beauty and fashion e-tailer became the first female-led unicorn to launch an IPO in India. Nykaa’s stock made a blockbuster debut on the stock market, listing at a premium of 79%. The company is now valued at $13 billion.
Electric-vehicle startup Rivian, which starts trading on Nasdaq as RIVN today (Nov. 10), is already worth $66.5 billion after pricing its shares at $78 apiece. It’s looking to raise $12 billion—the largest IPO of 2021 so far, and among the top 10 biggest US IPOs ever. A year ago, Rivian was valued at $27.6 billion.
US industrial giant General Electric, once the world’s largest company by market size, is getting a lot smaller. The conglomerate will split into three separate businesses focused on healthcare, power, and aviation, the company announced today (Nov. 9).
Heinz can now make ketchup on Mars—in theory, at least. On Monday (Nov. 9), the food company unveiled a ketchup made of tomatoes grown in the kind of soil you’d find on Mars.
US construction company stocks are rallying on the back of the $1.2 trillion infrastructure bill finally getting past lawmakers.
Elon Musk asked Twitter for help with a huge financial decision. “Much is made lately of unrealized gains being a means of tax avoidance,” he tweeted to his 63 million followers on Nov. 6, likely referring to Democratic lawmakers’ calls for a “billionaires tax.” “So I propose selling 10% of my Tesla stock.”
In the early 1900s, Cambridge, Massachusetts resident Henning Jacobson was fined $5 for refusing the smallpox vaccine. Henning, a pastor who had an adverse reaction to a vaccine as a child, challenged the penalty in court, using arguments not unlike those deployed by vaccine skeptics today. The shot should be a personal choice, he said, and he shouldn’t be subjected to potential vaccine side effects.
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Indian prime minister Narendra Modi had a timely gift for Indians on Diwali: Lower excise taxes on fuel starting Nov. 4. His administration touted the move as “a fillip to the economy,” but it should help him politically, too.
JD Sports is being forced to walk back its Footasylum acquisition.
Picture your digital twin rocking Nike sneakers and a track suit to a Microsoft Team meeting or Facebook’s—I mean, Meta’s—virtual rooms while you actually lounge on your sofa in pajamas and fuzzy socks.
Just days after Facebook became a “metaverse company” and rebranded to Meta, Microsoft is teasing its own metaverse plans.
Veteran Bollywood actor Amitabh Bachchan’s experiment with non-fungible tokens (NFTs) is proving wildly lucrative.
Barclays new CEO is CS Venkatakrishnan, an Indian-American and the first person of color to hold that position.
The world’s richest man’s poor sense of humor is exposing how much of a boys’ club tech still is
Coca-Cola is taking aim at the Gatorade brand owned by its arch-rival Pepsi by buying BodyArmor.
Amazon will throw truckloads of money at its supply chain and staffing problems in the run-up to Christmas.
