Tidal, a music-streaming service acquired by Jay Z this month, was relaunched with star-studded fanfare in New York. The service hopes to set itself apart from Spotify with exclusive music and a high-fidelity option.
Richemont plans to combine its online fashion retailer Net-a-Porter with Italian Web-based clothing company Yoox a deal that will create an Internet shopping giant with revenue of more than $1.4 billion.
Chinese food company Cofco is on a determined shopping spree. In a few short years, Cofco has spent a couple billion dollars quietly buying up Australian cane fields, French vineyards and soybean pastures in Brazil. Now, Cofco is exploring deals in the U.S.