Hedge fund Starboard Value has reportedly acquired a stake in News Corp and may exert pressure on the Wall Street Journal owner to eliminate its dual-class share structure as one of two segments of the Rupert Murdoch media empire. The Murdoch family’s voting stake in News Corp is around 40%, similar to its stake in …
According to data analytics firm Numerator, Amazon’s two-day October Prime Day sales may surpass last year’s Cyber Monday sales. Check out the Numerator report here. Don’t expect the Fed to help your investment in Amazon Around one third of US households are expected to participate in the October 10-11 sale, with a preference for purchasing …
The Knot has faced accusations of fraudulent practices for years, targeting clients ranging from major retailers like Macy’s to small businesses like caterers and dressmakers. Former employees have come forward claiming that top executives silenced anyone who tried to expose these practices. Vendors who advertised on The Knot complained about receiving spam leads and mediocre …