business
Buzzfeed Sells First We Feast for $82.5 Million USD
Hot Ones is going independent. Buzzfeed has officially announced that it will be selling the First We Feast studio for $82.5 million USD. The studio is best known for the popular YouTube hot sauce and chicken wing celebrity talk show hosted by Sean Evans. The group acquiring First We Feast is a consortium of investors including founder of First We Feast Chris Schonberger, Hot Ones host Sean Evans, Mythical Entertainment -- the media company company created by YouTube stars Rhett and Link, podcast company Crooked Media and Soros Fund Management. Additional investors are expected to be announced at a later date. According to the New York Times, the deal will give Buzzfeed the ability to "pay down tens of millions of dollars in debt that was scheduled to come due this month." With proceeds fr...
Jaguar Unveils Brand Overhaul to Mark All-Electric Transition
This week Jaguar unveiled its forthcoming rebrand to accompany its push toward all-electric vehicle manufacturing. The auto brand has described its new philosophy as "Exuberant Modernism" characterized by "bold designs, unexpected and original thinking."The new thin and rounded typeface couldn't be more different than the sleek condensed sensibilities of the original logo, forgoing the think lettering for an ultramodern wordmark that combines uppercase and lowercase letters. The logo is not all that is changing; Jaguar unveiled the brand identity with colorful imagery featuring a diverse cast of models against bright pink backdrops–reflecting their new approach, celebrating individuality and non-conformity. View this post on InstagramA post shared by Jaguar (@jaguar)However, Jaguar's new b...
Auditor queries Kenya Power prime land lease deal with firm
Ms Gathungu revealed that internal valuers at Kenya Power valued the land in February 2023 at a...
Banking executive who led transformative initiatives loses long battle with Lupus
On August 5, she was admitted to the Aga Khan University Hospital in Nairobi. She never made it...
Inside climate financing mechanism Africa wants
The roots of this heated debate over climate finance stretch back to 1992, when nations were...
Bancassurance premiums hit Sh35bn as more firms join
The growth of the life insurance from bancassurance business has been largely fueled by credit...
Buy-now-pay-later firms fall under CBK purview in new law
The regulation of BNPL companies will radically change how the rapidly growing business is done...
State eyes tax breaks for air tickets, aircraft parts
The National Aviation Policy is seeking a review of the value added tax, import duty, import...
Rethink corporate social responsibility
We don’t have too many factory plants in Kenya anymore. Over the years, manufacturing plants...
Kibaki succession case takes new turn
Mr Ochola and a woman identified as JNL filed objections, separately and have sought to be...
I’ve been broke for 7 years, but I inherited land. Should I sell it for Sh14m?
To make the most of this opportunity, you need a solid financial plan that will generate...
Alice Kivuva: How cycling toned my body
The decision to quit her job led the Alice Kivua into the world of fitness.
