Lululemon takes on Nike for women | $2.7B: Rio Tinto wants Mongolian mine | NFT merger creates $5.5B behemoth
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Lululemon is going to take on Nike by making its own shoes, and will be designing footwear specifically for women.
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Rio Tinto has offered to buy out Turquoise Hill Resources for US$2.7 billion in order to gain more control of its giant copper mine in Mongolia.
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Yuga Labs, the NFT company behind the Bored Apes Yacht Club has acquired the rights to the CryptoPunks - meaning Yuga now controls NFTs with around US$5.5 billion in market cap.
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