15B
- Technology
Chinese regulators approve Ant Group's plan to raise ~$1.5B for its consumer unit, signaling progress in the firm's government-ordered overhaul (Lulu Yilun Chen/Bloomberg)
Lulu Yilun Chen / Bloomberg: Chinese regulators approve Ant Group’s plan to raise ~$1.5B for its consumer unit, signaling progress…
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Sources: crypto payments startup Wyre told its staff it's shutting down; Bolt planned to acquire Wyre for ~$1.5B, but the deal was canceled in September 2022 (Axios)
Axios: Sources: crypto payments startup Wyre told its staff it’s shutting down; Bolt planned to acquire Wyre for ~$1.5B, but…
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Flipkart no longer owns a stake in PhonePe, the two companies say; source: PhonePe is in talks to raise $1.5B at a pre-money valuation of $12B (Manish Singh/TechCrunch)
Manish Singh / TechCrunch: Flipkart no longer owns a stake in PhonePe, the two companies say; source: PhonePe is in…
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YouTube acquires NFL Sunday Ticket residential rights for seven years, starting in 2023, sources say for ~$2B per year; DirecTV reportedly currently pays $1.5B (Wall Street Journal)
Wall Street Journal: YouTube acquires NFL Sunday Ticket residential rights for seven years, starting in 2023, sources say for ~$2B…
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Auto parts maker Magna agrees to acquire a driver-assistance unit from SSW Partners for about $1.5B in cash and expects combined sales to reach $3B in 2024 (Elisabeth Behrmann/Bloomberg)
Elisabeth Behrmann / Bloomberg: Auto parts maker Magna agrees to acquire a driver-assistance unit from SSW Partners for about $1.5B…
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Oracle reports Q2 revenue up 18% YoY to $12.28B, vs. $12.05B est., cloud services revenue up 14% YoY to $8.6B, and health data provider Cerner revenue of $1.5B (Jordan Novet/CNBC)
Jordan Novet / CNBC: Oracle reports Q2 revenue up 18% YoY to $12.28B, vs. $12.05B est., cloud services revenue up…
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