Head Digital Works (HDW), an online skill gaming company, on Friday, said it will acquire Deltatech Gaming Ltd (DGL), the parent firm of online poker platform Adda52, for Rs 491 crore. The transaction will be executed...
Lenskart acquires Delhi franchise for GEPL Season 2
Eyewear company Lenskart has purchased the Delhi franchise for Season 2 of the Global e-Cricket Premier League (GEPL) from JetSynthesys, a company in digital entertainment and technology. GEPL, the world’s largest e...
Nazara Tech’s subsidiary NODWIN to acquire esports event organizer StarLadder
Nazara Technologies said that its subsidiary NODWIN Gaming has acquired Starladder, an esports IP and services company, in a deal valued at an initial consideration of $5.5 million (Rs 46.75 crore). Founded in 2018 by...
Donald Trump says Microsoft is in talks to acquire TikTok
President Donald Trump said Monday evening that Microsoft is among the US companies looking to take control of TikTok to help the popular app avert an effective ban that could kick-in in April. “I would say yes,” Trump...
Star Entertainment to divest Star Sydney Event Centre assets as it hunts for cash
Star Entertainment said on Wednesday it would divest its Star Sydney Event Centre assets to theatre owner and operator Foundation Theatres for A$60 million ($37.51 million) as the casino operator undergoes a cash and...
Is Oracle acquiring TikTok? Here’s what Donald Trump said about the sale
Former U.S. President Donald Trump has clarified reports regarding the potential sale of TikTok, denying any discussions with Oracle co-founder Larry Ellison but confirming that his team has engaged with multiple...
Perplexity AI revises merger proposal with TikTok, offers 50% equity to US, ByteDance to retain algorithm: Report
Aravind Srinivas’ Perplexity AI has revised its merger proposal with TikTok owner ByteDance to create a new joint company, Reuters reports. Under the new terms, the US government would be offered up to 50% of the...
Trump discussing TikTok purchase with multiple people, decision in 30 days
U.S. President Donald Trump said on Saturday he was in talks with multiple people over buying TikTok and would likely have a decision on the popular app’s future in the next 30 days. “I have spoken to many...
Tata Sons seeks CCI clearance to acquire additional 10 pc stake in Tata Play
Tata Sons, promoter of Tata Group, has sought approval from fair trade regulator CCI for acquiring an additional 10 per cent stake in DTH operator Tata Play from Singapore’s sovereign wealth fund Temasek Holdings...
YouTuber MrBeast joins bid to acquire TikTok US amid 75-day deadline
YouTube and TikTok star MrBeast has joined a group of American investors seeking to buy TikTok’s US business, as the 75-day deadline ticks down for the social media platform to secure a non-Chinese owner or face a...
Universal Plans US Share Sale for Pershing Square Stake
Universal Music Group NV has agreed to plan a US share sale by Sept. 15, in order to fulfill an agreement with billionaire Bill Ackman’s hedge fund Pershing Square. The Amsterdam-listed entertainment company will use...
TikTok’s US future in limbo: Billionaire Frank McCourt’s Project Liberty proposes acquisition–Will ByteDance say ‘yes’?
TikTok is facing a potential ban in the United States due to national security concerns. Alarms have raised alarms over the app’s data privacy practices, fearing that user data collected by TikTok could be...