Editor’s Picks

Telemedicine Startup Draws $100M Investment From Humana

Telemedicine Startup Draws $100M Investment From Humana
Telemedicine Startup Draws $100M Investment From Humana
July 29, 2020  |  Investments

Humana is placing a $100 million bet that the future of healthcare can be found in a 21st-century version of the old-fashioned house call. Get...

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Blue Apron Earnings Buoyed By At-Home Meals Trend
Blue Apron Earnings Buoyed By At-Home Meals Trend
July 29, 2020  |  Earnings

Blue Apron Holdings Inc., the meal kit delivery service, reported second-quarter (Q2) net income of $1.1 million after reporting a $7.7 million loss in the...

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Shopify’s 2Q Earnings Illustrate Growing Digital Shift For Merchants, Shoppers
Shopify’s 2Q Earnings Illustrate Growing Digital Shift For Merchants, Shoppers
July 29, 2020  |  Retail

Shopify reported second-quarter earnings on Wednesday (July 29) that demonstrated the growing digital shift for consumers, with the company recording a dramatic increase in both...

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Sycamore Partners Reportedly Seeks To Buy JCPenney For $1.75B
Sycamore Partners Reportedly Seeks To Buy JCPenney For $1.75B
July 29, 2020  |  Retail

Sycamore Partners is reportedly seeking to buy JCPenney for $1.75 billion and intends to combine the iconic retailer with the Belk department store chain, the New York...

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Report: ByteDance Investors Might Take Over TikTok At A $50B Valuation
Report: ByteDance Investors Might Take Over TikTok At A $50B Valuation
July 29, 2020  |  International

A group of investors with a stake in TikTok’s parent company, ByteDance, are maneuvering to take over the controversial social-media app, valuing it at roughly...

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China’s iPhone Sales Skyrocket In Q2
China’s iPhone Sales Skyrocket In Q2
July 29, 2020  |  Apple

One day before Apple Inc. is set to release its latest earnings report, third-party figures reveal that its China iPhone sales increased by 225 percent...

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TransferWise Valuation Reaches $5B
TransferWise Valuation Reaches $5B
July 29, 2020  |  Investments

TransferWise, the online money transfer service startup, is now valued at $5 billion thanks to a secondary share sale as investors embrace online payments amid...

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Airbnb, ClassPass Cry Foul Over Apple’s App Store Commissions
Airbnb, ClassPass Cry Foul Over Apple’s App Store Commissions
July 28, 2020  |  Apple

Apple reportedly sought a commission from ClassPass and Airbnb after the platforms started to offer digital classes due to the pandemic, The New York Times...

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Democrats, Republicans Feud Over Newest Stimulus Plan
Democrats, Republicans Feud Over Newest Stimulus Plan
July 28, 2020  |  Economy

Unlike the CARES Act, which passed Congress in March with bipartisan support to deliver $2 trillion in economic relief to the country, this time Republicans...

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