Fanatics, the sports platform company, has made a higher offer to acquire the U.S. business of PointsBet, an Australian online sports betting operator, in a bid to beat its rival DraftKings. Fanatics has increased its offer by 50% to $225…
Apple has raised the prices of its iCloud+ monthly subscription in several countries around the world, including the UK, Brazil, South Africa and Colombia. The price hike ranges from 25% to 30% for different plans and regions. iCloud+ is a…
Industrial machinery manufacturer Circor International has announced its acceptance of investment firm KKR’s revised buyout offer worth $1.7 billion, including debt. This decision comes in response to a higher bid from an undisclosed third party. Following the news, shares of…
Brookfield has announced its proposal to acquire all outstanding shares of common stock of American Equity Investment Life Holding Company (AEL) not already owned by Brookfield Reinsurance. The offer includes a cash consideration of $38.85 per AEL share and a…
London-based warehouse robotics firm Dexory has secured £15 million in Series A funding, led by European VC firm Atomico, to facilitate its expansion in the United States and key markets in Central and Northern Europe. Dexory combines analytics with autonomous…
Meta, the owner of Facebook and Instagram, has announced a new subscription service for its virtual reality (VR) headsets, as it aims to make its VR business profitable and build its vision of a “metaverse”. The service, called Meta Quest+,…
The Australian video game industry reached a new record of $4.12 billion in consumer spending in 2022, according to new data from the Interactive Games and Entertainment Association (IGEA). The data, based on research by Sparkers and Newzoo, showed that…
The Biden administration has announced a plan to connect every person in America to high-speed internet by 2029, with $1.35 billion allocated for Louisiana. The money will be used to build fiber optic lines in rural areas, such as Sunset,…
Lordstown Motors (RIDE.O), a U.S. electric truck manufacturer, has filed for bankruptcy protection and put itself up for sale after a dispute with Taiwan’s Foxconn over a promised investment. The company filed for Chapter 11 protection in Delaware on Tuesday…
Apple is gearing up for a busy year ahead, with a range of new products and updates across its major product lines. According to a report from Bloomberg, the tech giant will release new iMacs, iPads, MacBooks and Apple Watch…
TOKYO – In a move that highlights the global focus on critical chip technology, a fund backed by the Japanese government has unveiled a proposed $6.3 billion acquisition of JSR, a prominent semiconductor material giant. The Japanese Investment Corporation (JIC)…
IBM has announced that it will pay $4.6 billion in cash to acquire Apptio, a software company that helps customers optimize their IT spending and operations. The deal, which is expected to close in the second half of this year,…