Etsy asks, 'how do you do, fellow kids?' with $1.6B Depop purchase

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Etsy asks, 'how do you do, fellow kids?' with $1.6B Depop purchase

First, a few details: Per Etsy, the Depop deal is worth “$1.625 billion consisting primarily of cash, subject to certain adjustments for Depop’s working capital, transaction expenses, cash and indebtedness, and certain deferred and unvested equity for Depop …
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Walmart workers 'feared for their lives' due to Covid, executives told

Social justice campaigner the Rev William Barber II told Walmart executives its workers “feared for their lives every day” during the Covid-19 pandemic and urged the board to create a worker advisory council at the company’s annual shareholder’s meeting on …
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Construction startup Katerra Inc. reportedly shutting down operations, laying off 117 employees in Seattle

Construction startup company Katerra Inc., which operates a manufacturing plant in Spokane Valley, is reportedly shuttering operations. Technology news site The Information reported the California-based company is laying off hundreds of employees and is …
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Martha's Vineyard ferry disrupted by ransomware attack

New York (CNN Business) A ransomware attack has disrupted ferry services in Cape Cod, Martha’s Vineyard and Nantucket. The region’s Steamship Authority announced Wednesday on Twitter that it has “been the target of a ransomware attack that is …
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Bed Bath & Beyond shares surge about 50%, buoyed up by meme stock mania, product news

Bed Bath & Beyond’s stock surged more than 40% after the company announced the release of three new store brands ahead of schedule. The new products will hit shelves in the next few months, in time for the busy back-to-school shopping season.
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