Business

SoundCloud Disputes Claim That It Can Only Survive 50 More Days

SoundCloud Disputes Claim That It Can Only Survive 50 More Days

SoundCloud held an all-staff meeting earlier this week to explain the massive layoffs to both disgruntled former employees, some of whom had recently been hired, and those staying on at the company. Operating as the "Youtube of music" has yielded great response for Soundcloud . SoundCloud , which was launched in 2008 and has never said how many paying subscribers it has, last month launched a budget subscription package in the hope of persuading more listeners to convert from the free ...


DraftKings, FanDuel Scrap Merger Plans After FTC Opposition

DraftKings, FanDuel Scrap Merger Plans After FTC Opposition

FanDuel CEO Nigel Eccles issued a similar statement , saying his company was ready to move forward on its own. FanDuel and DraftKings said Thursday they have called off their planned merger, which faced regulatory headwinds after the Federal Trade Commission said last month it would sue to block the marriage between the two leaders in the fast-growing business of " daily fantasy sports ".


Hurricanes close to selling for $500M

Hurricanes close to selling for $500M

Ownership of the Carolina Hurricanes is set to change hands for the first time in the current iteration of the franchise's history. Greenberg sold his stake in the Rangers in 2011. It's also more than double Forbes' recent estimate of the team's value - $230 million, least among USA hockey teams. The Hurricanes have been in Carolina the past 20 years after relocating from Hartford in 1997.


Gymboree stores in Granite State will close

Gymboree stores in Granite State will close

Gymboree , which filed for bankruptcy protection in June, will shutter roughly 350 outlets across the US, the company announced Tuesday . With the right size store base, the Company will be able to focus resources on locations with the greatest potential and improve the profitability of the overall business.


Major Price Increase For Senior Pass To National Parks

Major Price Increase For Senior Pass To National Parks

The National Park Service's lifetime pass for seniors is set to increase from $10 to $80 on August 28 due to legislation that Congress passed a year ago. Due to expected high order volume, there could be delays with online and mail order processing. The legislation requires that the price of the lifetime Senior Pass be the same as the Interagency Annual Pass, which is now $80.


NASA needs your help to study August's solar eclipse

NASA needs your help to study August's solar eclipse

To celebrate, Adler is hosting a daylong block party that includes free admission to its exhibitions, including the planetarium's new " Chasing Eclipses " exhibit that prepares visitors to experience an eclipse. For more information about the Great American Eclipse , check out NASA's website on the event . "I always have shown a map of where total eclipses could be viewed over a multi-decade and highlighted the August 21, 2017, event, which always sounded so far off".