Brick-and-mortar Amazon stores may soon be coming to a town near you, The Wall Street Journal reported Thursday. The internet retailer reportedly plans to open multiple large physical retail stores around the U.S., where it will sell clothing, home goods, electronics and other items, many of which will be from Amazon’s growing array of private-label brands. According to The Journal, Amazon is...
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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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