Kroger and Albertsons want to create a grocery empire. The last supermarket mega-merger backfired

Kroger and Albertsons want to create a grocery empire. The last supermarket mega-merger backfired

New York CNN Business — When Christine Martinez found out last month that Kroger and Albertsons planned to merge in a deal worth nearly $25 billion, she thought, “here we go again.” Martinez lost her job as a pharmacy technician in the aftermath of a prior supermarket mega-merger: Albertsons’ $9 billion tie-up with Safeway in … Read more

Facebook Tries Buying App, Gets Sued For Over VR Monopoly

Facebook Tries Buying App, Gets Sued For Over VR Monopoly

Image: Within It’s been a very bad year so far for Meta, the company formerly known as Facebook, in ways extremely unique to being one of the biggest tech companies in the world. Despite still making almost $7 billion in profit in recent months, TikTok is eating its lunch, the stock price is in shambles, … Read more