Facebook cofounder Saverin's B Capital just closed its second flagship fund with $822 million

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Facebook cofounder Saverin's B Capital just closed its second flagship fund with $822 million

It hasn’t taken long for B Capital to amass a pretty hefty third fund. Just five years after the venture firm was launched by Facebook co-founder Eduardo Saverin and Raj Ganguly, a veteran of private-equity firm Bain Capital, the firm says it has closed its second …
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Taco Bell's website and app crashes after company offers free Chalupa Craving Box through app

Customers were very upset after Taco Bell’s website and app crashed Tuesday morning. The company was offering free Chalupa Craving Box through its app. The promotion caused a large number of people to seek out the site and app. As of Tuesday …
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Netflix pledges up to $100 million toward 'economic opportunity for Black communities'

Netflix is pledging 2 percent of its cash holdings to provide “economic opportunity for Black communities.” The company plans to initially commit up to $100 million, but the quantity could grow alongside its cash holdings over time. The streaming behemoth …
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New York City Transit prepares to charges fares on buses once again come August

As the Metropolitan Transportation Authority (MTA) nears a $10 billion shortfall and CARES Act funds running low, New York City Transit buses will no longer remain toll-free as they have over the course of much of the pandemic. Rear-door boarding on buses …
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CDC Chief criticizes American Airlines for selling full flights

The recent move by American Airlines to end their policy of limiting bookings in order to provide social distancing on flights drew opposition from the head of the Centers for Disease Control on Tuesday, as federal health experts said planes, trains, and buses …
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