Category Archives: Blog

Twitter just hired a big-name law firm to sue Elon Musk for dropping out of $44 billion takeover bid, report says

Yasin Ozturk/Getty Images Twitter has hired one of the world’s top corporate law firms to sue Elon Musk, Bloomberg reports.  The social media company plans to file a lawsuit against Musk early this week, sources told the outlet.  The Tesla CEO moved to terminate the $44 billion Twitter deal on Friday. Twitter has hired Wachtell,…

THE ONLINE GROCERY REPORT: The market, drivers, key players, and opportunities in a rising segment of e-commerce

Business Insider Intelligence This is a preview of The Online Grocery Report from Business Insider Intelligence.Purchase this report.Business Insider Intelligence offers even more consumer coverage with Payments & Commerce Pro. Subscribe today to receive industry-changing payments and commerce news and analysis to your inbox. Online grocery is growing rapidly from its small base. Its market…

Uber co-founder Travis Kalanick dismissed driver safety concerns in turbulent global taxi protests, told execs ‘violence guarantees success,’ reports say

Uber co-founder and former CEO Travis Kalanick Reuters/Staff Leaked documents reveal Uber’s co-founder dismissed concerns over drivers safety in violent protests against the ride-sharing app. It was part of a strategy to keep “controversy burning,” a former exec said, according to the Guardian. The exec said it was an effort to “weaponize drivers” to pressure…

The Supreme Court is damaging the US’s international standing

Protestors outside the US Supreme Court after the ruling in Dobbs v. Jackson Women’s Health Organization, June 24, 2022. Brandon Bell/Getty Images Other countries, including US allies, reacted with concern after the Supreme Court overturned Roe v. Wade. While the case may not appear to affect foreign policy, it has raised doubts overseas about US…

Twitter reportedly hires the firm that invented the ‘poison pill’ to sue Elon Musk

Illustration by Alex Castro / The Verge Twitter lawyered up. The company reportedly hired Wachtell, Lipton, Rosen & Katz, a firm notable enough to have its own Wikipedia page, and a founding partner, Martin Lipton, credited with inventing the shareholder rights plan or “poison pill” defense that Twitter initially used to put the brakes on…

US Ambassador to Japan calls Shinzo Abe a ‘visionary’ and said that his assassination is ‘a shock to the culture’

In this April 22, 2019, file photo, Chicago Mayor Rahm Emanuel arrives at a news conference outside of the south air traffic control tower at O’Hare International Airport. President Joe Biden is nominating former Emanuel to serve as his envoy to Japan. AP Photo/Kiichiro Sato, File Amb. Rahm Emanuel shared Japan’s reaction to the assassination…

Goop store explosion in the Hamptons leaves 2 men hospitalized after sustaining severe burns

Goop CEO and founder Gwyneth Paltrow Layne Murdoch Jr./Getty Images Two men were hospitalized after catching fire during an explosion at a Goop store in the Hamptons.  The explosion was caused by rubbing alcohol added to lit candles, according to officers on the scene. “I’ve been doing this for 26 years and I’ve seen a…

Small businesses in Highland Park can now reopen in area that had been blocked after July 4 mass shooting

The July 4 mass shooting in Highland Park, Illinois left seven dead and dozens wounded. Jacek Boczarski/Anadolu Agency via Getty Images A business district in the location of the July 4 mass shooting in Highland Park, Illinois, can reopen. The area had been blocked off with crime scene tape, barricades, and uniformed officers since last…