• Fanatics’ Michael Rubin buys sports cap maker in deal that saves 200 jobs

    Fanatics’ Michael Rubin buys sports cap maker in deal that saves 200 jobs

    Fanatics, which runs the sports merchandising for all the pro sports leagues, has just acquired the largest maker of college sports caps in a deal that’s saved 200 jobs from the coronavirus pandemic. The Jacksonville, Fla., firm said Tuesday it has purchased the cap-making operations of Top of the World, a $100 million company that …
  • Mark Zuckerberg says Facebook has made Instagram, WhatsApp better

    Mark Zuckerberg says Facebook has made Instagram, WhatsApp better

    Facebook CEO Mark Zuckerberg will defend his company’s ownership of Instagram and WhatsApp to congressional lawmakers Wednesday amid calls to break up the powerful platforms. In prepared testimony to the House Judiciary Committee’s antitrust panel, Zuckerberg says Facebook has used its infrastructure to improve Instagram and WhatsApp in ways that benefitted users. “These benefits came …
  • WhatsApp limits forwarded messages to curb coronavirus misinformation

    WhatsApp limits forwarded messages to curb coronavirus misinformation

    WhatsApp has put new restrictions on forwarded messages in an effort to clamp down on misinformation about the coronavirus. Users can now forward certain messages to only one conversation at a time instead of the previous limit of five, the service announced Tuesday. The rule applies to messages that have already been passed along several …