Tom Hanks bought everyone lunch at an In-N-Out Burger drive-thru in California for Christmas

ABC 7 Tom Hanks entered into the Christmas spirit by buying customers lunch at an In-N-Out Burger in California on Saturday. Hanks was photographed by fans at the Fontana branch of the chain. The local Oak Park Elementary School posted on their Twitter that Hanks “bought lunch for everyone.” ABC 7 said Hanks paid for […]

The CEO of the Indian e-commerce giant that Walmart bought a $16 billion stake in has resigned amid an allegation of personal misconduct (WMT)

AP Flipkart Group CEO Binny Bansal has resigned following an allegation of “serious personal misconduct,” according to a press release. The release did not elaborate on the allegation but said Bansal “strongly denies” it. An independent study did not corroborate the allegation but found Bansal made lapses in judgment, according to the release. In May, […]

Apple has reportedly bought a music startup that says it can find ‘the next Justin Bieber’ — and it may give Apple Music an edge against Spotify (AAPL)

Apple has bought music analytics firm Asaii for under $ 100 million, Axios reports. Apple declined to comment or confirm the Axios report. Asaii’s website says it can “find the next Justin Bieber, before anyone else.” Apple is investing in companies with unique music data to improve its Apple Music product, which has fewer subscribers […]

LinkedIn, a Microsoft company, bought an employee surveying company in a deal said to be valued at over $400 million (MSFT)

Chip Somodevilla/Getty LinkedIn announced its intent to buy the employee survey software company Glint in a deal said to be valued at more than $ 400 million.  Glint specializes in employee surveys measuring satisfaction with management, compensation, and other internal issues.  The company last raised $ 20 million in November 2017, at a $ 220 million valuation.  […]

Bought and paid for

IT HAPPENS often enough that it scarcely elicits comment. After an election, some politicians leave government—only to reappear on the payrolls or boards of large companies. Such firms argue that they need to understand the political process and to engage in lobbying so they can extract themselves from a tangle of red tape. Tech giants, […]

The Supreme Court dealt a major blow to a billionaire California venture capitalist who bought and closed a beach that had been open to the public

Steve Jennings/Getty Images for TechCrunch The Supreme Court refused to hear a case involving a California billionaire who had been ordered to restore public access to a beach he owns in Northern California.  The property, known to locals as Martins Beach, used to be a popular spot for surfing and fishing.  Sun Microsystems cofounder Vinod […]

Shares in Juventus FC have doubled since it bought Cristiano Ronaldo, and it’s probably only the beginning (IT0000336, IT0000336)

Getty Images Cristiano Ronaldo is up-and-running in the Serie A goalscoring charts. But the Portuguese striker’s greatest work is arguably being done away from the pitch. This is because shares in Juventus have doubled since his arrival. The club’s market capitalisation is now €1.5 billion ($ 1.75 billion). But this is probably just the beginning […]

Woman who once bought bitcoins for $300,000 cash in paper bags sent to prison

Enlarge (credit: S3studio/Getty Images) A woman who for years went by the name “Bitcoin Maven” on localbitcoins.com—a peer-to-peer website for buying and selling anonymous bitcoins in-person—was sentenced Monday to 366 days in federal prison, three years of supervised release, and a $ 20,000 fine. While selling bitcoins is not inherently illegal, doing so in such […]

Floyd Mayweather just bought an $18 million 280-carat diamond watch called ‘The Billionaire’ — take a look

Getty Images Floyd Mayweather has evolved from the king of the ring to the king of the bling. The retired boxer, who finished his career unbeaten after 50 wins as a professional, has just bought an $ 18 million watch. It is made of a lot of shiny diamonds.   Floyd Mayweather was the king […]