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Author: Sophia Vida

Sofia has been writing for major news outlets for over 15 years. In her spare time she enjoys hiking, walking her dogs, and going to concerts.
ByteDance to Own 80% of TikTok Global
September 22, 2020 Sophia Vida
Featured

ByteDance to Own 80% of TikTok Global

ByteDance announced this week that it will have a majority 80% stake in the new U.S.-based TikTok company, refuting the claim from Trump that the deal would have “nothing to do with China.” The company also said that it plans to carry out a small round of pre-IPO financing that will give ByteDance an 80% … Continue reading “ByteDance to Own 80% of TikTok Global”

Illumina Says it Will Purchase Bezos-Backed Grail for $8B
Biotech & Pharma

Illumina Says it Will Purchase Bezos-Backed Grail for $8B

Illumina, a global leader in genomics, announced this week that it will be acquiring the…

September 22, 2020 Sophia Vida
McDonald’s Promotion with Travis Scott Has Caused Cops to Get Involved

McDonald’s Promotion with Travis Scott Has Caused Cops to Get Involved

Rapper Travis Scott has a promotion going with fast food giant McDonald's that has caused…

September 18, 2020 Sophia Vida
Kraft Heinz Stock Gets Upgraded Twice
Hot Stocks

Kraft Heinz Stock Gets Upgraded Twice

Two analysts are feeling optimistic about the future of Kraft Heinz. he food company just…

September 18, 2020 Sophia Vida
Snowflake Pops Over 100% in Wall Street Debut
Featured

Snowflake Pops Over 100% in Wall Street Debut

Cloud-based data management company Snowflake made its debut in the market this week, soaring 112%…

September 18, 2020 Sophia Vida
Tapestry Shares Soar as Analyst Calls Stock Too Cheap
Hot Stocks

Tapestry Shares Soar as Analyst Calls Stock Too Cheap

Shares of Tapestry, the parent company of Kate Spade and Coach, were soaring 9% on…

September 18, 2020 Sophia Vida
Roku Shares Pop on Key Banc Capital Markets Gives Stock Bullish Rating
Hot Stocks

Roku Shares Pop on Key Banc Capital Markets Gives Stock Bullish Rating

Shares of streaming device maker Roku Inc. saw big gains this week after KeyBanc Capital…

September 18, 2020 Sophia Vida
Yelp Says 60% of Coronavirus-driven Business Closures are Permanent

Yelp Says 60% of Coronavirus-driven Business Closures are Permanent

The COVID-19 pandemic has hit many businesses hard this year and some that had to…

September 18, 2020 Sophia Vida
Merck & Co to Buy $1B Stake in Seattle Genetics
Company News

Merck & Co to Buy $1B Stake in Seattle Genetics

Drugmaker Merck & Co Inc. revealed on Monday that it is buying a $1 billion…

September 15, 2020 Sophia Vida
PepsiCo Will Launch a Sleep Aid Drink Amid Coronavirus
Hot Stocks

PepsiCo Will Launch a Sleep Aid Drink Amid Coronavirus

Many people would agree that 2020 being a stressful year is an understatement. One of…

September 15, 2020 Sophia Vida
Gilead to Buy Cancer-drug Company Immunomedics for $21B
Biotech & Pharma

Gilead to Buy Cancer-drug Company Immunomedics for $21B

Over the weekend Gilead announced that it has agreed to purchase cancer-drug company Immunomedics for…

September 15, 2020 Sophia Vida
DraftKings Shares Explode on ESPN Deal
Hot Stocks

DraftKings Shares Explode on ESPN Deal

Shares of DraftKings were soaring on Monday as Wall Street learned that the company had…

September 15, 2020 Sophia Vida
Oracle Beats Microsoft for TikTok Deal

Oracle Beats Microsoft for TikTok Deal

On Monday Oracle announced that it has struck a deal with TikTok's owner ByteDance to…

September 15, 2020 Sophia Vida
Softbank is Selling Arm Holdings to Nvidia for $40B
Hot Stocks

Softbank is Selling Arm Holdings to Nvidia for $40B

According to an announcement made over the weekend from both SoftBank and Nvidia, the former…

September 15, 2020 Sophia Vida

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