Business

Instagram To Launch Competitor To Twitter

According to people familiar with the matter, Instagram is set to launch a competitor to Twitter, and it has been secretly available to select creators for months. Instagram is planning to release a text-based app that will compete with Twitter. The company is currently testing the project with celebrities and

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Michelle Obama’s Juice Brand Fails Her Own Health Standards

According to a new Bloomberg report, it was found that Michelle Obama’s juice brand fails to meet her own health standards, based on discussions with 12 independent health professionals and organizations. Former First Lady Michelle Obama’s touted health drink Plezi would fail the health standards set by the Obama administration, a

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Russian Café Selling $8 Breast-Milk Coffee

Mash reported on a new Russian café owned by businessman Maxim Kobelev that sells $8 breast milk coffee. Approximately nine mothers are supplying the business with breast milk. A small café network in the Urals city of Perm has begun brewing and serving breast-milk coffee, Russian online outlet Mash reported

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How Wipro May Have Played A Part In Vice’s Bankruptcy

Vice’s Chief Restructuring Officer, Frank Pometti, stated that Wipro may have played a part in Vice’s bankruptcy as they owed $9.9 million. This owed amount came after Wipro initiated arbitration proceedings against Vice Media in May 2020, which were connected to the termination of an agreement. Indian IT major Wipro

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George Soros Buys Vice Magazine

The company announced that George Soros has purchased Vice Magazine and will provide $225 million in the form of a credit bid for most of Vice Media’s assets. Once a digital media darling, Vice Media Group on Monday filed for bankruptcy protection after years of financial troubles. A consortium of

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