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Snap Plans to Lay Off 20% of Employees: Report

Growing competition from TikTok, privacy changes from Apple, and cutbacks from advertisers have hurt Snap, a onetime social media star. Read More...

Benzinga

Jeff Bezos’ Bet On Housing Slide — His Single-Family Rental Play Appears Well-Timed

It should be obvious that billionaires don’t accumulate wealth by accident. Their success is predicated on observation and savvy investment, and a privileged background helps. Billionaires like Microsoft Corp. co-founder Bill Gates likely saw an opportunity for land investment to return tenfold, by way of food shortages, well ahead of time. So it should be no surprise that the real estate investing platform Arrived Homes, backed by Amazon.com Inc. founder Jeff Bezos is taking off. He had the for

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