GameStop in sale talks
June 19, 2018
GameStop is involved in a search for a new CEO. It also appears the gaming retailer may be looking for a buyer with Sycamore Partners reported to be interested in making a bid for the chain. Shares of GameStop jumped more than 13 percent yesterday after the news of a potential sale became public.
Recent News
TikTok Suspends TikTok Lite Rewards Program in the EU
A TikTok service offering rewards such as gift vouchers for watching videos has been suspended by the social media site.
FCC Votes To Restore Net Neutrality Rules
The Federal Communications Commission (FCC) voted 3-2 on Thursday to reinstate net neutrality rules that were rolled back during the Trump administration.
Blackstone To Buy Tropical Smoothie Cafe
Alternative asset manager Blackstone is set to buy the restaurant chain Tropical Smoothie Cafe.
Ford’s Total EV Sales Post $1.3 Billion Loss in Q1
Ford’s EV division, known as Model e, faced a tough start to 2024.