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Overstock.com Wins $21.5 Million Bid for Bed Bath & Beyond’s Assets

If the acquisition is approved at a court hearing next week, the company will own the intellectual property of the bankrupt home goods retailer.  » mehr lesen

TikTok Shakes Up Leadership Amid Questions About Its Future

The app’s chief operating officer is stepping down, and the company is bringing in a new executive to run its communications department.  » mehr lesen

Microsoft Says it Could Abandon Activision Deal if Judge Delays It

A five-day hearing over Microsoft’s $70 billion acquisition, which the Federal Trade Commission hopes to block, began Thursday in federal court.  » mehr lesen

Ford’s Battery Joint Venture to Get $9.2 Billion Government Loan

The money will help finance three plants the automaker and its partner, SK On, are building in Kentucky and Tennessee.  » mehr lesen

Fortress Investment Group Set to Acquire Vice Out of Bankruptcy

The company was part of a group of bidders that offered $350 million to acquire the bankrupt media company.  » mehr lesen

Congress Spotlights Forced Labor Concerns With Chinese Shopping Sites Shein and Temu

A congressional investigation into Temu and Shein offered new insight into services that are delivering a deluge of cheap and little-regulated products.  » mehr lesen

Elon Musk Proposes ‘Cage Match’ With Mark Zuckerberg

The technology moguls who run Twitter and Meta appeared to agree to a fight, the latest twist in a long-running feud.  » mehr lesen

Bank of England Raises Rates More Than Expected, as Inflation Persists

“We know this is hard,” the central bank’s governor said, after increasing interest rates half a point, to 5 percent.  » mehr lesen

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