MySpace losing to Facebook
In the mid-2000s, MySpace was the undisputed king of social networking. It had millions of active users, dominated cultural trends,…
Day: August 23, 2025
Pan Am’s decline despite dominating air travel
For decades, Pan American World Airways—better known as Pan Am—was more than an airline. It was a cultural icon, a…
BP’s Deepwater Horizon stock plunge
On April 20, 2010, an explosion aboard the Deepwater Horizon offshore drilling rig, leased by BP, set off the worst…
Disney’s $71B Fox Deal: Costly Content Gamble
In March 2019, The Walt Disney Company completed one of the largest media mergers in history—acquiring 21st Century Fox’s film…
Facebook’s 2012 IPO glitches
In May 2012, Facebook’s initial public offering (IPO) was billed as one of the most anticipated events in Wall Street…