A self-proclaimed Twitter investor mocked Elon Musk Tuesday in a letter on the social-media site. Leonidas Raisini offered to buy Twitter for $14.3 billion — $30 billion less than what Musk paid. The letter borrowed phrasing Musk used in his acquisition pitch to Twitter’s board. Loading Something is loading. Thanks […]
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Layoffs Hit Recurrent Ventures Media Company: Leaked Memo
Layoffs have hit Recurrent Ventures, the private-equity-backed owner of digital media properties including Popular Science and The Drive. The cuts come shortly after Recurrent shuttered lifestyle site MEL. One current employee said staffers were “totally surprised.” Recurrent Ventures laid off staffers on Wednesday, according to a memo obtained by Insider. […]
Colonel Sanders Home, Restaurant Sale Causes IP Headache for KFC Owner
Friends of the late Colonel Sanders are selling his former home and a restaurant he set up. The restaurant, the Claudia Sanders Dinner House, is named after his wife and sells fried chicken. The NY Post reported that the potential sale is causing a legal headache for KFC’s parent company. […]