Author: News Room

eBay rejects GameStop CEO Ryan Cohen’s takeover offer

eBay has turned down Ryan Cohen’s unsolicited offer to take over its business. Loading audio narration… The online marketplace giant said Tuesday that it has officially rejected the GameStop CEO’s $55.5 billion bid for the company.”We have concluded that your proposal is neither credible nor attractive,” eBay’s chairman wrote in…

Amazon launches 30-minute delivery service in dozens of US cities

Amazon is rolling out 30-minute delivery across dozens of U.S. cities, marking its fastest shipping option yet as the retail giant continues to accelerate its push into ultra-fast fulfillment. The new service, called Amazon Now, will deliver thousands of items — including groceries, household essentials and electronics — to customers’…

The death of the Killer App Idea guy

Like a lot of guys of the era, Eli Cohen had a great idea for an app back in 2010. But unlike many of his peers, whose musings were confined to bar hangouts and bad dates, he actually invested about $20,000 of his own money to try to bring the…

Oil shortages are even hitting colored snack bags

First, fuel prices surged. Now, even potato chips aren’t safe from the global petrochemical squeeze. Loading audio narration… In Japan, snack giant Calbee — known for its popular potato chips — is switching some colored snack packaging to black and white after oil shortages linked to the Iran war squeezed…

End of an era: Tesla has built its final Model S and Model X vehicles

Tesla once arranged its core vehicle lineup to spell “S3XY.” Now, the company is left with “3Y” — plus the Cybertruck. Loading audio narration… Tesla said Saturday that it had produced the final Model S and Model X vehicles at its Fremont, California, factory, ending 14 years of Model S…