Xiaomi chooses Hong Kong to launch the year’s biggest initial public offering. It plans to seek a raise of at least $10B, The Wall Street Journal reports, a sum that could value the company at $100B.
Amazon gets into the petfood and products business by ingesting Wag; partners with Lego on Alexa-assisted Duplo storytelling; and reportedly offers to buy 60% of Flipkart for $12B.
adidas reports healthy Q1 sales, led by North America.
Bloomberg is putting up a $35/month paywall.
Cambridge Analytica calls it quits.
Diageo changes North America leadership team.
Meredith makes first NewFronts pitch post-Time Inc. acquisition.
PepsiCo‘s Uncle Drew character pops up on Wheaties boxes ahead of 6/29 movie.
Tesla CEO Elon Musk clashes with Wall Street analysts over production concerns.
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