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Youtube star James Charles to host a beauty-influencer competition offering $50,000

“Ever heard of a beauty competition offering a whopping prize of $50,000?” writes Naina Aidasani for mashable.com. Speaking to Variety, Charles said, “Ever since I entered the beauty space three years ago, I’ve dreamed of producing my own beauty competition show.YouTube’s most influential beauty creator, James Charles is making this a reality. Source: mashable.com

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FTC makes Celgene’s Otezla divestiture official condition for Bristol-Myers acquisition

“For Bristol-Myers to close on its $74 billion acquisition, Celgene will have to sell its drug Otezla for $13.4 billion to Amgen Inc” writes Wallace Witkowski for marketwatch.com. “The antitrust laws protect not only competition today, but competition in the future, especially when it comes to the development of new treatments for chronic conditions.”.  Source: marketwatch.com

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The Disney Plus launch ratchets up talk of streaming competition, but the same creators work for all of them

“In a much-touted deal, Netflix paid prolific TV producer Ryan Murphy up to $300 million last year to bring his efforts to the streaming service” writes This Story Was for seattletimes.com. The skirmish is so fierce, and the talent so scarce, it sometimes means that rabid streaming competitors are messily in business with the same creators. Source: seattletimes.com

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First Egyptian-French startup competition sees 300 participants 

“They will also benefit from numerous business acceleration support provided by partners and sponsors of the competition” writes Daily News Egypt for dailynewssegypt.com. This competition is made possible by the support of more than 15 French companies among which Axa, Crédit Agricole, Orange, Schneider Electric, Danone, Sanofi and Valeo, having extensive experience in these three sectors.This competition aims to identity Egyptian start-ups with a high potential for growth having the ambition to become the next leaders of the digital transformation in three priority sectors of cooperation between France and Egypt:…

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EU’s Vestager says Apple Pay has prompted many concerns

“In an interview with Reuters last year, Vestager said she might investigate Apple Pay if there were formal complaints” writes Min Read for reuters.com. LISBON (Reuters) – Apple Pay has attracted regulatory scrutiny as a result of several expressions of concern about the U.S. tech giant’s mobile payment service, Europe’s antitrust chief said on Thursday.At least one party has gone to the European Commission with its grievance, two people familiar with the matter told Reuters. Source: reuters.com

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Match reports Q3 revenue of $541.5M, up 22% YoY, says it added 437K average Tinder subscribers for a total of 5.7M, forecasts disappointing Q4; stock down ~15%

“(Reuters) – Tinder-owner Match Group Inc (MTCH.O) forecast fourth-quarter revenue below Wall Street estimates on Tuesday as it faces stiff competition from rival online dating services, sending its shares down about 15% in extended trading” writes Min Read for reuters.com. The revenue forecast comes at a time when Match is in the middle of a U.S. Federal Trade Commission complaint related to the company’s certain marketing-related claims.Total revenue rose 22% to $541.5 million in the third quarter, edging past analysts’ estimates of about $540.6 million, according to IBES data from…

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Flour power: Hong Kong protest-themed cake disqualified from UK baking contest

“Its creator, 3rd Space cafe, believes the cake was the victim of political censorship” writes Verna Yu for theguardian.com. A Hong Kong protest-themed cake has become the latest cause célèbre of the city’s five-month political crisis after it was disqualified from a cake decorating competition in the UK. The three-tiered cake features a mini black-clad protester in a yellow hard hat, a large Guy Fawkes mask, tiny umbrellas and mini political slogans – all symbols of the ongoing protests. Source: theguardian.com

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Saginaw seeks entrepreneurs, small business owners for pitch competition

“Saginaw Soup is a pitch competition for entrepreneurs and small business owners to get their business started or take it to the next level” writes Isimpson Mlive Com for mlive.com. SAGINAW, MI — Small business owners and entrepreneurs with ideas for a business or plans to grow it are invited to apply to a pitch competition with the opportunity to win cash prizes and business services.Throughout the competition, participants will receive specialized business development assistance and access to CMURC’s CoWork Space and networking opportunities.There are several kick-off meetings for the…

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News Stocks 

Beyond Meat plunges as lockup expires, competition looms

“Beyond Meat shares fell as much as 24% to $80 per share in intraday trading in New York Tuesday” writes This Story Was for seattletimes.com. Jefferies, Wells Fargo and JPMorgan were among banks that lowered price targets on the stock, according to Bloomberg data.Beyond Meat lost more than a fifth of its value on Tuesday as analysts cut their price targets following results that raised questions about rising competition, slowing growth and higher operational costs.The low-end of the revised forecast may also suggest fourth-quarter sales could slow from the third…

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Google sued by Australian watchdog over location tracking

“However, disabling this option does not disable the collection of all location data” writes Contributing Writer for yahoo.com. Australia’s competition watchdog, the Australian Competition and Consumer Commission (ACCC), is taking the company to court over what it describes as “false or misleading representations to consumers about the personal location data Google collects, keeps and uses.”.  Source: yahoo.com

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