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Dec 18 2024BUSINESS

Kioxia's Stock Jumps on Tokyo Debut, Despite Bumps on the Road

Kioxia, Japan's third-largest maker of flash memory products, had a successful first day of trading in Tokyo. Its shares rose by 10 percent, ending at ¥1, 601. This comes after a long and bumpy journey for the chipmaker, formerly known as Toshiba Memory. Six years ago, Bain Capital bought Kioxia fr

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Dec 18 2024BUSINESS

Grubhub's $25 Million Lesson: No More Hidden Fees

Grubhub has agreed to pay a hefty $25 million to settle a lawsuit with the Federal Trade Commission (FTC). The food delivery giant was accused of tricking customers and drivers, while also damaging the reputation of restaurants. So, what exactly did Grubhub do wrong? First off, they were hiding the

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Dec 18 2024BUSINESS

Why Some Delta 737-900ERs Don't Have In-Flight Movies

Picture this: you're about to board a Delta flight, excited for the movie selection, but bummer! Not all Delta 737-900ERs have screens. That's right, out of Delta's 163 737-900ERs, 33 former Lion Air planes are taking a rain check on in-flight entertainment. Back in 2021, Delta snapped up these plan

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Dec 18 2024BUSINESS

A Billionaire Engineering Workshops to Save 7-Eleven

Imagine flying to California to change a company's future. That's what billionaire Junro Ito did. He's a big shot at Seven & i Holdings, the Japanese company behind 7-Eleven. He felt the company was losing its identity, so he headed to Claremont Graduate University in California. Why? To breathe new

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Dec 18 2024BUSINESS

Tech Company Sets Up Shop in Mount Pleasant

Imagine a software company that makes life easier for landowners and developers. That's Mesa Land Services, and they're branching out to Mount Pleasant. With a $1. 3 million investment, they're ready to create 24 new jobs. Their specialty? Software that speeds up and simplifies the utility easement

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Dec 18 2024BUSINESS

Small Businesses Face Uncertainty as Anti-Money Laundering Rule Hangs in Balance

A rule that would require small businesses to share ownership details with the government has been put on pause. This rule is part of the Corporate Transparency Act (CTA), passed in 2021, to fight money laundering. A federal court in Texas stopped the rule's enforcement due to concerns about its con

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Dec 18 2024BUSINESS

Why Databricks CEO is Waiting Until 2025 to Go Public

Databricks recently raised a massive $10 billion in funding. Investors are curious about the company's IPO plans. CEO Ali Ghodsi explained why he's holding off until at least 2025. He wants stability and thinks 2024 is too uncertain. This year was an election year, and people are worried about inter

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Dec 18 2024BUSINESS

Revolutionizing Quotes: DealHub's New API-First CPQ

DealHub, a top provider of enterprise-level Configure, Price, Quote (CPQ) platforms, has introduced something exciting: an API-First, headless quoting system. This new setup allows DealHub's powerful CPQ tools to work across all sales channels, such as PLG, e-commerce, and self-service portals. The

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Dec 18 2024BUSINESS

What Happens When AI Search Meets Antitrust?

Imagine you're in a big classroom where one student, Google, has been controlling the questions and answers for years. Now, the Justice Department is checking if Google is playing fair or hogging all the attention. They want to talk to Dmitry Shevelenko, the business boss of Perplexity, a new AI sea

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Dec 18 2024BUSINESS

Grubhub's Deceit: The truth behind delivery debacles

Ever wondered what’s been cooking behind the scenes at Grubhub? They’ve found themselves in a big pickle, and it’s all because of some shady business practices. Grubhub has been playing tricks on customers, sneakily adding extra fees and even blocking accounts without explanation. But that’s not all

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