Amazon, the company started 27 years ago to sell books over the internet and has since come to disrupt dozens of tech and retail sectors, appears to be eyeing a new target: The hair salon. The company has announced the launch of “Amazon Salon,” which will see customers given haircuts and highlights at a central London location. “Amazon Salon” is clearly in a testing phase for the...
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Musk Puts $20 Billion Value on Twitter
Elon Musk offered Twitter employees stock grants at a valuation of roughly $20 billion, said a person familiar with an email Musk sent to staff, less than half what he paid to buy the company. It was a concrete acknowledgment of how much Twitter’s value has dropped since the deal—but it is still well above public market valuation levels for Twitter’s rivals.
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