Billionaire GameStop CEO Ryan Cohen boosts stake in Alibaba to $1B: report

Billionaire investor Ryan Cohen has increased his personal interests with Chinese e-commerce giant Alibaba Group to about $1 billion in recent months. Reported by the Wall Street Journal On Thursday, I quote people who are familiar with the issue. Cohen's position represents approximately 7 million shares, the report said. GameStop CEOs Alibaba and Cohen did […]

Mitch McConnell announces Senate retirement: Report

Former Republican leader Mitch McConnell reportedly reportedly announcement Thursday, he will not seek reelection to the Senate in 2026. In recent years, the 83-year-old senator has suffered from multiple health fears, and many have called for him to resign. Over the past few years, McConnell was seen by a doctor for multiple falls, frozen during […]

TikTok lays off trust and safety staffers as future remains in limbo: report

Tiktok reportedly cut global trust and safety teams as part of the restructuring, despite the Chinese-owned company fighting to stay online in the US. Adam Presser, who heads Tiktok's Operation & Trust and Safety Division, notified staff about the shakeup in a memo on Thursday. Reuters reportedcite sources familiar with this issue. Layoffs have already […]

Prada orders review of Versace as it evaluates a potential bid: report

According to the report, fashion giant Prada has ordered a Versace review as it rates potential bids for Italian brands and is therefore valuing potential bids for Italian brands. Milan-based Prada has emerged as a rare winner in the luxury sector, especially as other fashion houses struggle with poor sales, challenging the decline in demand […]

Forever 21 plans to close 200 stores in second bankruptcy: report

The US-based operator of Forever 21 was preparing to close at least 200 locations as part of the bankruptcy process, which is expected to kick off soon next month. Bloomberg News reported Wednesday, cite people with knowledge of the matter. Potential bankruptcy is looking for buyers for the remaining retailers' stores. However, if eligible buyers […]

BBC Gaza Doc Featured ‘Hamas Royalty’ Presented as Average Teen: Report

The BBC has been accused of spreading “Hamas propaganda” after the average teenager who appears to be featured in a recent documentary about the conflict in Gaza was claimed to be the son of a Top Hamas official Masu. According to pro-Israel investigative journalist David Collier, 14-year-old Abdullah al-Yazorri Gaza: How to survive in the […]