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Fox acquires Roku for $22bn to plant its flag in streaming’s front door

Business, Digital Marketing, Media, Merge and Acquisition, SEO Tips, Technology /

Fox acquires Roku in a $22bn deal that drags the cable-reliant broadcaster squarely into streaming. Fox Corporation will pay $160 a share, in cash and stock, for the maker of the streaming sticks and smart TVs sitting in more than 100 million households worldwide, the companies said on Monday. The structure is $96 in cash […]

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India’s Razorpay files for IPO through the confidential route

Business, Digital Marketing, India, SEO Tips, Technology /

Razorpay, the Bengaluru payments company, has filed draft papers for an initial public offering through India’s confidential route, according to people familiar with the matter. The filing moves one of the country’s larger fintech firms a step closer to the public markets, without yet putting its financials on public display. The confidential mechanism, which Indian […]

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Schneider Electric and Foxconn partner on AI data-centre infrastructure

Artificial Intelligence, Business, Digital Marketing, SEO Tips, Technology /

Schneider Electric has announced a strategic collaboration with Hon Hai Technology Group, better known as Foxconn, to design and scale the next generation of AI data centres. The deal, announced on 15 June, pairs the French energy-management group with the world’s largest contract electronics manufacturer. The division of labour follows the two companies’ respective strengths. Foxconn […]

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SpaceX could hit $1tn a year by 2030, Musk claims after record IPO

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Two days after taking SpaceX public in the largest stock-market debut on record, Elon Musk said the company could be earning roughly $1tn a year by 2030, and probably more in 2031. He made the claim on X over the weekend, as Reuters reported, with the stock still settling after a debut that valued the […]

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ByteDance is in talks to buy AI chips from China’s Iluvatar CoreX

Business, China, Digital Marketing, SEO Tips, Technology /

ByteDance is in talks to buy artificial-intelligence chips from Iluvatar CoreX, a Shanghai-based GPU maker that until recently sold almost entirely to government buyers, according to people familiar with the discussions cited by Reuters. The talks point to how far the owner of TikTok and Douyin is willing to go to lessen its dependence on Nvidia. […]

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KPMG pulled its AI report after UBS, the NHS, and others said its claims about them were made up

Artificial Intelligence, Business, Digital Marketing, Next Featured, SEO Tips, Technology /

KPMG has pulled a report titled “Redefining excellence in the age of agentic AI“ after multiple organisations said the claims it made about their AI usage were either untrue or misleading. UBS, the UK’s National Health Service, Swiss Federal Railways, and Transport for London all told the Financial Times that the report’s descriptions of their […]

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Microsoft is considering spinning off Xbox entirely as the division’s margins hit 3%

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Microsoft has not ruled out spinning off its Xbox division into a separate company. The Information reported that options under consideration include turning Xbox into a wholly owned subsidiary, forming a joint venture with outside partners, or selling the business outright. No decision is imminent, but new Xbox CEO Asha Sharma and Microsoft CEO Satya […]

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Microsoft hasn’t ruled out spinning off Xbox

Business, Digital Marketing, Gaming, Microsoft, News, SEO Tips, Tech, Technology /
Microsoft is preparing to lay off a significant chunk of its Xbox division and is reevaluating the plans for its next-generation Project Helix console. It’s apparently also considering dramatically restructuring its relationship with Xbox, and hasn’t ruled out spinning it off into a separate company. A new report from The Information suggests that Microsoft has […]

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