Valued

Disney said it has struck a deal to form a joint venture, valued at $8.5 billion, that will combine its Star India business with Viacom18, an Indian media company. Disney said it has struck a deal to form a joint venture, valued at $8.5 billion, that will combine its Star India business with Viacom18, an Indian media company. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the…

Sony agreed to acquire half of the artist's publishing and recorded masters catalog In what is likely the largest transaction for a solo musician’s body of work, Sony completed an agreement to acquire half of Michael Jackson‘s publishing and recorded masters. The deal values the music assets at above $1.2 billion, sources told Billboard. The outlet also estimated that Sony will pay at least $600 million for its stake. Representatives for Jackson’s estate did not immediately respond to Rolling…

Construction has begun on One Beverly Hills, a nearly $5-billion condominium and hotel complex that promises to transform the Beverly Hills skyline and be a commanding presence on its western edge. With tall greenery-laden towers standing over a sprawling garden, the complex set to open by early 2028 is expected to house some of the priciest condos and hotel suites in the country, as developers seek to capitalize on the city’s international reputation for luxury and celebrity.Owners of the property at Wilshire and Santa…

After some dreary news coming from EV players Polestar and Renault’s Ampere, Lotus is feeling confident and ready to roll with listing its shares on Nasdaq by the end of March. The EV arm of the company is valued at $5.4 billion. Automotive News Europe reports that the Geely-owned company is merging with “blank check” company L. Catteron Asia Acquisition in the first quarter, according to company head Mike Johnstone. While its EV arm Lotus Tech was scheduled to be listed at the end of last year,…

Paytm's stock saw another dip of 20% on Friday, after the 20% dip on Thursday, following the RBI's decision's After seeing its shares fall by 20 per cent on Thursday, the day, after the Reserve Bank of India took decisive…

Once an EV darling thought to revolutionize EV production with its concept of micro-factories that crank out delivery vans for the likes of Uber and UPS, UK startup Arrival is in a desperate search for funding after being delisted from Nasdaq this week. Nasdaq suspended trading of Arrival shares this week, followed by a formal delisting, Reuters reports. The action is the result of Arrival being late in posting financial results and failing to file a remediation plan and hold an annual shareholder…

Silverfort, the Israeli/U.S. startup, takes an all-in view when it comes to identity security in an organization. When it comes to potential breaches, people, machines, clouds, legacy and new apps can all be targets, and they can be exploited at any of the many points where they interact with each other. So the best way to protect against malicious exploits is to secure identity authentication between any and all of them. That thesis has been getting proven out and tested by businesses, and the startup says it is now…

Around 40% of US-based tech unicorns that have raised capital from venture funds are currently trading at valuations below $1 billion in the secondary markets, according to a blog post by Aileen Lee, cofounder of seed venture capital firm Cowboy Ventures.Lee, who coined the term unicorn for startups valued at $1 billion or more, said more startups are likely to join the club where unicorn valuations will trade lower.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of…

Microsoft’s stock market value ended a trading session higher than Apple’s for the first time since 2021 on Friday, making it the world’s most valuable company as worries about demand hit the iPhone maker’s shares.Apple crept up 0.2% on Friday, while Microsoft added 1%. With that, Microsoft’s market capitalization stood at $2.887 trillion, its highest ever, according to LSEG data. Apple’s market capitalization was $2.875 trillion, calculated with data in a filing on Thursday. Worries about smartphone demand have pushed…

Search startup Perplexity AI has raised $73.6 million from a group of investors including Nvidia and Amazon founder Jeff Bezos, the latest example of investors hunting for AI startups that challenge incumbents.The round was led by venture capital firm IVP and valued the company at about $520 million, according to the company. NEA, NVIDIA, Databricks, and Bessemer Venture Partners also participated in the round. Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB…