business purchase

Amazon buys Zoox

Amazon Gets a New Lift

Amazon┬árecently announced it is acquiring Zoox, a 6-year-old startup designing self-driving cars. Zoox raised $955 million in venture-backed funding to build progressive mobility options and meet urban transportation needs. Autonomous car company Zoox now owned by Amazon Aicha Evans, Zoox CEO, and┬áJesse Levinson, co-founder and CTO, will continue to lead the team. Zoox is working on developing zero-emission vehicles that can be autonomously ridden. The company is also devising an end-to-end autonomy software stack, to…


L’oreal Buys Carol’s Daughter

Twenty years ago Lisa Price began concocting fragrances and lotions in her kitchen in the Bedford-Stuyvesant section of Brooklyn. It did not take long before Price, who is now 52, began to develop a loyal following of customers. As she grew on the coattails of her most beloved products such as Mimosa Hair Honey, her client base expanded to include even celebrities like Oprah Winfrey, Jay Z, Halle Berry and Jada Pinkett Smith. Price says…