Share to FacebookShare to TwitterShare to LinkedinParag Agrawal is leaving Twitter with a payout that could be as high as $57.4 million (Photo by Kevin Dietsch/Getty Images) Getty Images When Elon Musk completed his $44 billion takeover of Twitter on Thursday evening, he immediately cleaned house. Among the high profile axes was chief executive Parag…
Share to FacebookShare to TwitterShare to LinkedinAmazon founder Jeff Bezos and philanthropist MacKenzie Scott got divorced in 2019. Samir Hussein/Getty Images; Javier Rojas/Newscom Amazon founder Jeff Bezos accepted an unusual award earlier this month. During an interfaith summit on religion and philanthropy at the Vatican, Bezos and chef Jose Andres became the first-ever recipients of…
Share to FacebookShare to TwitterShare to Linkedin Illustration by Forbes; Photos by Jeremy Moeller/Getty Images; Jonathan Knowles/Getty Images Adidas has initiated a hiring freeze but suggested it does not plan to conduct layoffs after it cut ties with hip-hop mogul Ye, forfeiting a multibillion-dollar business that had become increasingly problematic in recent weeks. “This is…
Share to FacebookShare to TwitterShare to LinkedinTopline Major stock indexes gained Monday as the market looks to build on a surprisingly strong week, though several notable companies, including Tesla and several New York-listed Chinese firms mounted large losses. Stocks are set for another day of gains. Getty Images Key Facts The Dow Jones Industrial Average…
Share to FacebookShare to TwitterShare to LinkedinDietrich Mateschitz turned Red Bull into an energy drink associated with adventure and extreme sports, tapping creative marketing along the way. He died at age 78, Getty Images It’s not often that one person kicks off a whole new beverage category. But Dietrich Mateschitz used his marketing smarts to…
Share to FacebookShare to TwitterShare to LinkedinElon Musk is still the world’s richest person—but he’s worth one third less than about a year ago, and some Tesla shareholders aren’t happy. Getty Images In November last year, Tesla CEO Elon Musk became the first person in history to obtain a $300 billion fortune. A lot has…
Share to FacebookShare to TwitterShare to LinkedinTopline Shares of Tesla declined more than 3% Wednesday afternoon after the company fell short of expectations on its third-quarter revenue, though the company did beat estimates for earnings per share and profit. Tesla CEO Elon Musk talks during a tour of the Tesla Gigafactory on August 13, 2021…
Share to FacebookShare to TwitterShare to LinkedinTopline Elon Musk, the world’s richest man, announced a fresh foray into the perfume industry on Tuesday, hawking a “Burnt Hair” fragrance that he claimed sold 10,000 bottles within hours of launching, continuing the billionaire’s record of capitalizing on humor and his enthusiastic fan base to transform seemingly joke…
Share to FacebookShare to TwitterShare to Linkedin“Perfume Salesman” Elon Musk WireImage At least 24 sellers on eBay are offering Elon Musk’s new Burnt Hair perfume at markups of as much as ten times the official cost of $100. The Tesla billionaire began offering the new perfume on the website for his Boring Co. on Tuesday,…
Share to FacebookShare to TwitterShare to LinkedinTopline Brett Favre spoke for the first time Tuesday about his alleged involvement in a multi-million dollar Mississippi welfare scam—a scandal for which the Hall of Famer and former Green Bay Packers quarterback does not face any criminal charges—arguing he has “done nothing wrong” and has been “unjustly smeared”…
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