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Intel shares jumped 10% on Wednesday after the U.S chipmaker announced it would repurchase the 49% equity interest it did not own in its Fab 34 chip facility in Ireland for $14.2 billion. The semiconductor company sold the 49% stake in its Ireland manufacturing facility to buyout firm Apollo Global Management in 2024 for $11.2 […]
Irwin Simon, who famously pivoted to legal weed after making a name for himself building an herbal tea empire, is expanding his company’s beer offerings. Tilray Brands, where he is CEO, recently snatched up UK-based BrewDog for a cool $53 million – a far cry from the $2 billion valuation it had at its peak. […]
Underdog is moving deeper into prediction markets after buying two federally regulated exchange entities, a step that will allow the sports gaming company to operate its own U.S. marketplace for event-based contracts. The New York-based firm said Monday (March 9) it acquired Aristotle Exchange DCM, Inc. and Aristotle Exchange DCO, Inc., both registered with the […]
Brex co-founders Pedro Franceschi and Henrique Dubugras. Brex Capital One said Thursday that it was acquiring payments startup Brex for $5.15 billion, the latest splashy deal undertaken by the bank’s CEO, Richard Fairbank. The firm, which disclosed the deal in its fourth-quarter earnings statement, said the deal is made up of 50% cash and 50% […]
Founder and CEO of CrowdStrike George Kurtz speaks during the Live Keynote Pregame during the Nvidia GTC, or GPU Technology Conference, in Washington, Oct. 28, 2025. Jim Watson | AFP | Getty Images CrowdStrike announced Thursday that it is buying identity management startup SGNL in a deal valued at nearly $740 million as the cybersecurity […]
An electric air taxi by Joby Aviation sits at the Downtown Manhattan Heliport in New York City, Nov. 12, 2023. Roselle Chen | Reuters Joby Aviation on Wednesday said it bought a 700,000-square-foot manufacturing facility in Dayton, Ohio, as the air taxi maker gears up to meet its production goals for electric vertical takeoff and […]
A Home Depot store in San Carlos, California, US, on Monday, Nov. 11, 2024. David Paul Morris | Bloomberg | Getty Images Home Depot said Monday that it is buying GMS, a building products distributor, for about $4.3 billion as the retailer moves to draw more sales from contractors and other home professionals. Shares of […]
