Reddit co-founder Alexis Ohanian has purchased a minority stake in Chelsea FC Women, giving him an ownership stake in two of the most-valuable teams in women’s sports. The founder of venture capital firm Seven Seven Six and husband of tennis legend Serena Williams paid 20 million pounds for a 10% stake…
Bombas founder David Heath is stepping down from his role as CEO as the socks and apparel company looks…
Netflix said Wednesday its cheaper, ad-supported tier now has 94 million monthly active users — an increase of more than…
Dick’s Sporting Goods is buying the struggling footwear chain Foot Locker for about $2.4 billion, the second buyout of…
YouTube will stream the National Football League’s Week 1 game on Sept. 5 for free, the first time the dominant…
American Eagle on Tuesday said it is writing off $75 million in spring and summer merchandise and withdrawing its full-year…
Uber is giving commuters new ways to travel and cut costs on frequent rides. The ride-hailing company on Wednesday announced…
Financial technology company Chime on Tuesday filed paperwork to go public on the Nasdaq. The company intends to file…
Microsoft on Tuesday said that it’s laying off 3% of employees across all levels, teams and geographies. “We continue to…