Posts by Riah Marton
TikTok secures its future in the U.S. with agreement for new joint venture
TikTok has finalized a deal with Oracle and two other investors that will allow the popular social video platform to continue its business in the U.S. The deal, expected to close on Jan. 22, will be 50% held by a new investor consortium that includes tech giant Oracle, Silver Lake and MGX, a technology fund…
Read MoreTikTok says it signed agreements to create new US joint venture
TIKTOK chief executive officer Chew Shou Zi told employees that the social media app’s parent company, ByteDance, signed binding agreements to create a US joint venture majority-owned by American investors. In an internal memo reviewed by Bloomberg, Chew said he was “pleased to share some great news” and said agreements with Oracle Corp, Silver Lake…
Read MoreBNY to move Singapore offices to Marina One East Tower
Investments into new spaces with better amenities are part of the bank’s transformation process that started in 2022 [SINGAPORE] BNY is entering its next phase of transformation that bets big on artificial intelligence (AI). But for the bank’s employees in Singapore, the changes also mean investments in its offices to enable more growth opportunities. Within…
Read MoreColdplay Scandal: Kristin Cabot Slams Gwyneth Paltrow Over Astronomer Ad
What did Coldplay’s Chris Martin say that caused a viral scandal for former Astronomer CEO Andy Byron? Performing at Gillette Stadium in Foxborough, Mass., on July 15, Coldplay frontman Chris Martin zeroed in on two people who seemingly sprang out of each other’s arms once they saw that they were on the jumbotron. “The way…
Read MoreOur Favorite Coachtopia Bags Now Are Available at Coach Outlet, Starting at Just $97
Are you looking for a new Coach bag? One made from upcycled high-quality materials, while still being incredibly affordable? It might sound like an impossible ask, but it’s not! Coachtopia—the brand’s collaborative lab with the mission to achieve a closed recycling loop—is available at Coach Outlet. Starting at $97, take your pick from an array…
Read MoreWhy fintech firm Bilt is funding its own original series ‘Roomies’
At the Angelika Film Center in New York earlier this month, 115 people gathered around the theater’s big screen. But it wasn’t to watch a Hollywood film. They came together to celebrate an original series produced by Bilt — a New York-based fintech firm that gives consumers rewards when they pay their rent. Unlike some…
Read MoreElliott takes over US$1 billion stake in Lululemon: source
[VANCOUVER] Activist investor Elliott Management has amassed a stake of more than US$1 billion in Lululemon Athletica and is lining up a potential CEO candidate as it pushes to revive the struggling athletic apparel retailer, a source told Reuters on Wednesday (Dec 17). Elliott has been working closely for months with veteran retail executive Jane…
Read MoreSurvivor Reveals Which Season 49 Castaways Will Return for Season 50
Why ‘Survivor’s Boston Rob, Parvati Shallow and More Weren’t Asked Back for 50th Season Survivor 50, worth playing for? Absolutely, especially for Survivor 49’s Savannah Louie and Rizo Velovic, who were announced Dec. 17 as the final two contestants for the CBS show’s 50th season. Savannah and Rizo—who placed first and fourth, respectively, on the Dec.…
Read MoreHollywood stars launch Creators Coalition on AI
A group of entertainment industry workers launched a new coalition that aims to advocate for the rights of creators amid the growing AI industry. The group, called Creators Coalition on AI, was founded by 18 people, including writer-director Daniel Kwan, actors Joseph Gordon-Levitt and Natasha Lyonne and producer Janet Yang, former president of the Academy…
Read MoreLisa Rinna Details “Very Uncomfortable” Rift Between Daughters Amelia and Delilah Hamlin
Lisa Rinna Reveals Whether She Will Ever Return to ‘RHOBH’ After Her Exit (Exclusive) Lisa Rinna’s girls are united. The Real Housewives of Beverly Hills alum addressed the period of time where her and Harry Hamlin’s daughters Delilah Hamlin, 27, and Amelia Hamlin, 24, were estranged, detailing where they stand now. “They weren’t [close] for…
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