In a game-changing move, Flutter Entertainment, the global leader in betting and gaming, has acquired Snaitech, Italy's largest gambling company, from Playtech for a whopping 2.3 billion euros ($2.56 billion), including debt. This monumental deal is expected to close by the second quarter of 2025, m
Is Rupert Murdoch's bid to change the terms of his family trust a desperate attempt to ensure his media empire remains in conservative hands? Or is it a legitimate move to protect the commercial value of his businesses for his heirs? The answer lies in the sealed court documents and closed-door hear
Amazon's CEO Andy Jassy recently announced that the company will be returning to a five-day-a-week in-office requirement starting in January 2025. This change comes as a surprise to many, especially considering the company's previous flexible work arrangements. But what's behind this sudden shift, a
Boeing's recent decision to freeze hiring, reduce travel, and consider temporary layoffs is a stark reminder of the challenges the company faces. But is this a necessary evil or a sign of deeper problems? As the strike by machinists enters its second week, Boeing's CFO, Brian West, has outlined 10
Starbucks has announced the retirement of its North America CEO, Michael Conway, after just five months in the role. This surprise move comes as the company is working to revamp its operations in the face of dwindling demand for its pricey lattes in the US market. The decision has left many wonderin
The final week of July begins with cryptocurrency investors bracing themselves for a potentially volatile ride. After a weekend of political developments and central bank meetings on the horizon, Bitcoin and Ether are experiencing a reversal in their gains. But what's driving this market movement, a
As the 2024 Bitcoin Conference unfolded in Nashville, Tennessee, the crypto community held its breath as former President Donald Trump took the stage to unveil his vision for the digital currency's future. Trump's message was clear: he wants the United States to become the "crypto capital of the pla
The cryptocurrency market is known for its volatility, and Bitcoin's (BTC-USD) recent fall is no exception. With a predicted 7.4% weekly decline, it's natural to wonder what's behind this sudden drop. Is it the impending presidential election, the world's oldest cryptocurrency's own volatility, or s
Akon, the famous singer, announced in 2020 that he would build a futuristic city in Senegal, his "hometown." Dubbed "Akon City," this ambitious project would be powered by green energy and solar power, feature condominiums, a seaside resort, and a university, and use Akoin, his cryptocurrency, as it
The stock market is known for its unpredictability, but Monday's performance was particularly dramatic. Stock futures took a nosedive, with the Nasdaq-linked contracts leading the charge. So, what's behind this sudden downturn? To start, last week's weaker-than-expected jobs data has left investors
