Hailey Bieber Sells Beauty Brand Rhode for $1 Billion: A New Era in Celebrity Beauty

Hailey Bieber Sells Beauty Brand Rhode

Hailey Bieber’s beauty brand Rhode has just made headlines with one of the most significant deals in the beauty industry this year. On May 28, 2025, e.l.f. Beauty, a powerhouse in the budget cosmetics sector, announced its acquisition of Rhode for a staggering $1 billion. This landmark deal comes just three years after Hailey Bieber … Read more

Salesforce to Acquire Informatica in $8 Billion Deal: A Strategic Move to Enhance AI Capabilities

Salesforce to Acquire Informatica in $8 Billion Deal

In a significant development in the tech industry, Salesforce has announced its intention to acquire data management company Informatica for approximately $8 billion. This acquisition, expected to be finalized in early fiscal year 2027, marks Salesforce’s largest deal since its $28 billion purchase of Slack in 2021. The agreement involves Salesforce paying $25 per share … Read more