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Estee Lauder acquires Tom Ford for $2.8 billion

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(NEW YORK) -- Estée Lauder is acquiring Tom Ford for $2.8 billion, the venerable beauty brand announced Tuesday.Through the new deal, the beauty conglomerate plans to add the designer label's fragrances, cosmetics, skin care and apparel to its large portfolio of brands.While the acquisition...

Ye acquires social media app Parler

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After weeks of getting in hot water on social media, Kanye West is buying his own platform.Specifically, Ye has agreed to acquire the app Parler, which bills itself as "the world's pioneering uncancelable free speech platform."The move comes after Ye's Instagram account was restricted...