Business Timeline

Blue Moon Lawsuit Says MillerCoors Deceives Craft Beer Drinkers

Blue Moon Lawsuit Says MillerCoors Deceives Craft Beer Drinkers

A Blue Moon lawsuit claims that the beer company MillerCoors is deceiving craft beer drinkers by the way they are marketing their Blue Moon brand name. The Blue Moon suit was created as a class action lawsuit by Evan Parent, who claims MillerCoors falsely portrays Blue Moon beer as a hand-crafted, independently-owned product. In a… Read more »

Mayweather-Pacquiao Fight Could Knock Out Periscope And Meerkat

Mayweather Pacquiao may knock out Periscope and Meerkat

Boxing fans paid $100 to watch the Mayweather-Pacquiao fight on pay-per-view, but viewers were able to watch for free on Periscope and Meerkat, and that could spell trouble for the live streaming apps. HBO and Showtime lost $100 for every person who watched the big Mayweather-Pacquiao fight for free on Periscope and Meerkat, and that’s… Read more »

Twitter Stock Plunges After Quarterly Earnings Are Leaked — On Twitter

[Photo by Andrew Burton/Getty Images]

Twitter stock dropped nearly 20 percent on Tuesday afternoon following a tweet by financial data aggregator Selerity that revealed the social media company’s fiscal shortcomings. After floating its stocks on the market last year, Twitter has been facing intense pressure from investors as it has struggled to keep up with the financial strength of other… Read more »

Starbucks Suffers Major System Outage, Offers Free Drinks

Starbucks

Starbucks locations reportedly experienced a major, widespread outage on their payment systems on Friday night. CNBC reports that, due to the system outage, many Starbucks locations throughout the United States and Canada had to give away free drinks to their customers. YOU GUYS THE STARBUCKS SYSTEM WENT DOWN WORLDWIDE AND WE’VE BEEN GIVING AWAY FREE… Read more »

Jay Z’s ‘Tidal’ Streaming Service Sailing Into Troubled Waters

Jay Z Tidal Launch

Jay Z launched his Tidal music-streaming service on March 31 amidst a wave of hype and fanfare. The launch of Tidal was a star-studded affair, with Jay Z joined on stage by the likes of Madonna, Kanye West, Rihanna, and Daft Punk. Jay Z promised investors and potential subscribers alike that Tidal represented a change… Read more »

KFC, Pizza Hut, And Taco Bell Cave To The 99 Percent

Yum!Brands caves to the 99 percent

Special interest groups dominate national politics, Wall Street gets bailouts while Main Street gets taxed, and the little guy never seems to win. Not Today. SumOfUs, a global grass roots movement of consumers, investors, and workers, successfully lobbied Yum!Brands to commit to use only deforestation-free palm oil. Yum!Brands, which owns KFC, Pizza Hut, and Taco… Read more »

Snoop Dogg Invests $10 Million In Marijuana Delivery Company

Snoop Dogg Investment

Snoop Dogg invested in a new company that will deliver marijuana directly to your door. The rapper reportedly invested $10 million in Eaze, a California company that’s shifting its focus on the marijuana delivery market, according to a Forbes magazine report. Eaze is an app that allows you to purchase marijuana from approved medical dispensaries… Read more »

Ashley Madison Going Public: Adultery Website Plans London IPO

Adultery Website

Ashley Madison is going public. However, the Toronto-based company’s IPO will not take place in Canada. Although the adultery website is worth tens of millions, Canadian residents are hesitant to support a website the facilitates adultery. Company officials hope a London IPO will have more success. A startling number of websites encourage cheating. However, Ashley… Read more »