Month: August 2023
Amazon could become a major investor in Arm ahead of IPO
Arm is reportedly preparing to list on the Nasdaq as soon as early September, according to Reuters, with some big-name backers set to secure key investment. By that time, Nikkei Asia reckons that the company could be worth $60 billion, making it one of the most significant IPOs of this…
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WeWork reveals “substantial doubt” about its future
One of the pioneers of flexible office working could be facing serious issues after WeWork confirmed it has serious concerns about its future Following years of financial worries and concerns about the company’s founder, Adam Neumann, WeWork was finally starting to see the light at the end of the tunnel…
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Red Dead Redemption selling for $50 is “commercially accurate” according to Take-Two
The $50 / £40 price point for a straight port of 13-year-old Red Dead Redemption on PS4 and Nintendo Switch is “commercially accurate”, according to Take-Two CEO Strauss Zelnick. The CEO described this to IGN in an interview following a recent earnings call for the company. Saying it’s “commercially accurate”…
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Amazon confirms a second Prime Day is coming in October 2023
Get those wallets ready – just a month after its major Prime Day sale, Amazon has confirmed that a second big round of deals and discounts is coming in October. There’s no specific date yet, but it’s been given the name of Prime Big Deal Days, replacing the Prime Early…
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Barstool Sportsbook operator rebrands as ESPN Bet in a new $1.5 billion licensing deal
As ESPN’s future drifts in the direct-to-consumer wind, a deal with Penn Entertainment will let the sportsbook rename existing properties, like its Barstool Sportsbook, to ESPN Bet. In return, Penn is scheduled to pay ESPN $1.5 billion over the next ten years, as well as $500 million in warrants to…
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The Galaxy Tab S9 FE may no longer be so budget-friendly according to new leaks
Whenever Samsung releases a Fan Edition (FE) of a device, they downgrade a lot of the hardware so it can be sold at a significantly lower price. That pattern may soon change as a recent leak states the upcoming Galaxy Tab S9 FE may not see a huge price drop…
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