Business News

Business

DoorDash Expands Empire with $1.2 Billion Acquisition of SevenRooms, Aiming to Revolutionize Restaurant Technology

DoorDash Inc. announces a $1.2 billion acquisition of SevenRooms, aiming to revolutionize restaurant technology and enhance its commerce platform. The deal, expected to close in 20...

Business

SpaceX Granted FAA Approval for Up to 25 Starship Launches Annually from Texas

The FAA has approved SpaceX to perform up to 25 Starship launches annually from Texas, following an environmental review that found no significant impact, marking a milestone for s...

Business

Comcast Unveils Versant: A New Era for NBCUniversal's Cable Networks and Digital Platforms

NBCUniversal's cable network division is rebranding as Versant following its separation from Comcast, encompassing major networks and digital platforms, with the transition expecte...

Business

Rivian Reports Steady Q1 Revenue at $1.2 Billion Amid Operational Improvements

Rivian Automotive Inc. reported a steady Q1 revenue of $1.2 billion for fiscal 2025, with reduced net and operational losses. CEO RJ Scaringe highlighted progress on the R2 project...

Business

Rivian Surpasses Expectations with a Staggering $1.2 Billion Revenue in Q1

Rivian announces a groundbreaking $1.2 billion revenue in Q1, marking a significant milestone in the electric vehicle sector and demonstrating robust market demand.

Business

DoorDash Expands Its Empire: Acquiring SevenRooms for $1.2 Billion to Revolutionize Restaurant Technology

DoorDash Inc. is set to acquire SevenRooms, a New York City-based restaurant technology company, for $1.2 billion, aiming to enhance its commerce platform and empower local busines...

Business

SpaceX Granted FAA Approval for Up to 25 Revolutionary Starship Launches Annually from Texas

The FAA has approved SpaceX to launch up to 25 Starship missions annually from Texas, following an environmental review that found no significant impact. This decision accelerates ...

Business

Comcast Unveils Versant: The Future of NBCUniversal's Cable Networks Post-Spin Off

NBCUniversal's cable network division is rebranding as Versant following its separation from Comcast, encompassing major networks and digital platforms. The spin-off is expected to...