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Results for "Acquisition"

5 total
FCC Approves EchoStar Spectrum Deal for SpaceX Starlink Direct-to-Device
VERIFIEDBy Xavier Rivera·Musk/Tesla/SpaceX· ·via TeslaNorth·1 min read

FCC Approves EchoStar Spectrum Deal for SpaceX Starlink Direct-to-Device

The FCC has approved SpaceX's acquisition of 65 MHz of spectrum from EchoStar plus regulatory waivers, enabling commercial Starlink direct-to-device service on unmodified phones. This step provides the contiguous spectrum and network integration needed for reliable coverage beyond cell tower reach.

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eBay Rejects GameStop’s $56 Billion Acquisition Bid
BREAKINGVERIFIEDBy Xavier Rivera·Tech/AI· ·via The Verge·1.5 min read

eBay Rejects GameStop’s $56 Billion Acquisition Bid

eBay has rejected GameStop's $56 billion acquisition bid after concluding that the proposal is neither credible nor attractive. The board cited eBay's strong standalone prospects and expressed confidence in its current management to deliver sustainable growth and shareholder value.

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Sony Records $560M Loss on Bungie Acquisition
BREAKINGVERIFIEDBy Xavier Rivera·Gaming· ·via Kotaku·1.5 min read

Sony Records $560M Loss on Bungie Acquisition

Sony recorded a $560 million impairment cost on its Bungie acquisition in Q4 of fiscal 2025, contributing to nearly $765 million in total losses for the year. Marathon has failed to sustain top 10 playership or high concurrent numbers while Destiny 2 hits record lows on Steam, raising prospects of further cuts at the studio.

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Google Launches $99 Fitbit Air and Health App
VERIFIEDBy Xavier Rivera·Tech/AI· ·via The Verge·1 min read

Google Launches $99 Fitbit Air and Health App

Google launches the $99 screenless Fitbit Air tracker—its first new Fitbit device in four years—plus a unified Google Health app and public AI Health Coach. The moves deepen Fitbit's integration into Google's ecosystem after the 2021 acquisition.

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Kraken Parent Payward Buys Reap for $600 Million
BREAKINGVERIFIEDBy Xavier Rivera·Crypto/Finance· ·via Decrypt·1 min read

Kraken Parent Payward Buys Reap for $600 Million

Payward Inc., Kraken's parent, agreed to acquire Hong Kong stablecoin payments firm Reap Technologies for $600 million in cash and stock. The deal expands the company into Asian cross-border payments and marks its second major acquisition in a month after buying Bitnomial.

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