Match drops 5% on Facebook Dating, WeWorkâs valuation may get halved, and Slackâs â10Mâ problem
Tinder-owner Match fell 5% on word Facebookâs new dating feature goes live, like, right now â even though Match already knew the competition was coming. Slack released its first earnings report since ...
6 Sep 201916min
Aerie bralettes save American Eagle, Juulâs flavored e-cigs banned in Michigan, and Googleâs $170M fine
While American Eagles sales suffer, its Aerie lingerie brand is thriving â and itâs a perfect example of spinoff brands. Michigan became the first state to ban flavored e-cigarettes, just as Juul came...
5 Sep 201914min
Facebook tests ending the âlikeâ counter, Ulta Beautyâs 30% plummet, and Brexit + Argentina problems
A âreverse engineerâ took it upon herself to investigate Facebookâs code â and she discovered the company toying with a âhide your likesâ feature. Ulta Beauty dropped 30% last week, so we looked into ...
4 Sep 201916min
Walmart gets its M.D., WeWorkâs acquires Spacious, and Dollar Tree & Dollar Generalâs Matrix-like tariff creativity
WeWork just acquired Spacious before its IPO, and the startupâs business model fascinated us. Walmart is stealthily testing out a new health center it could take nationwide. And Dollar Tree and Dollar...
3 Sep 201915min
Amazon gets in with the Yankees, Forever 21âs bankruptcy, and higher minimum wages can save companies money
The Disney merging with Fox saga is officially over now that Disney sold YES Network⊠partially to Amazon. Forever 21 is a fast-fashion founding father, but itâs reportedly going bankrupt (thereâs ano...
30 Aug 201914min
Pelotonâs IPO, Fitbit launches a health subscription, and Amazon Ring partners with police
Pelotonâs IPO â we literally printed off the IPO filing documents, got on a Peloton, and discovered that Peloton wants to be a religion. Fitbitâs taking on Apple by launching its own subscription serv...
29 Aug 201916min
Costcoâs absurd China debut, Smuckerâs peanut butter problems, and the cigarette re-merger
Costco just opened up its first physical store in China and the reaction was huge (the store had to close early). Smuckerâs dropped 8% on word its peanut butter is facing price cut problems (and other...
28 Aug 201914min
Hasbroâs $4B cartoon deal, Fried Chickenâs market-moving moment, and Dishâs 5G future
First Popeyeâs and Chick-fil-a went at it over a new fried chicken sandwich, then KFC added a Beyond Meat faux-meat burger. Hasbro is dropping $4B for British cartoon Peppa Pig (and itâs also getting ...
27 Aug 201916min
