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Paris-based Ubisoft's stock drops ~15% after the company slashed its forecasts, reported "markedly and surprisingly slower" holiday sales, and delayed games (Tim Bradshaw/Financial Times)
Tim Bradshaw / Financial Times: Paris-based Ubisoft’s stock drops ~15% after the company slashed its forecasts, reported “markedly and surprisingly…
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Court documents: New England Patriots owner Robert Kraft, NFL star Tom Brady, a Peter Thiel-linked trust, and more own FTX Group stock, now considered worthless (Jeremy Hill/Bloomberg)
Jeremy Hill / Bloomberg: Court documents: New England Patriots owner Robert Kraft, NFL star Tom Brady, a Peter Thiel-linked trust,…
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TSMC reports Q4 revenue up 43% YoY to ~$20.6B, below ~$20.8B analyst estimates, its first miss in two years; TSMC stock dropped 27% in 2022 but is up 8% in 2023 (Debby Wu/Bloomberg)
Debby Wu / Bloomberg: TSMC reports Q4 revenue up 43% YoY to ~$20.6B, below ~$20.8B analyst estimates, its first miss…
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Montreal-based payments company Nuvei enters a deal to acquire Atlanta-based rival Paya for ~$1.3B, a ~25% premium to Paya’s last close; Paya stock jumps 24%+ (Reuters)
A quick recap of Zoho Assist in 2022 — For those of us at Zoho Assist, 2022 was a game…
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Vista Equity Partners agrees to acquire insurance tech company Duck Creek Technologies for $2.6B in cash, or $19 per share; Duck Creek stock jumps 45%+ (Jesse Pound/CNBC)
Jesse Pound / CNBC: Vista Equity Partners agrees to acquire insurance tech company Duck Creek Technologies for $2.6B in cash,…
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Taiwanese lawmakers pass rules letting domestic chip companies convert 25% of their annual R&D expenses into tax credits; TSMC's stock rises 4%+ (Debby Wu/Bloomberg)
Debby Wu / Bloomberg: Taiwanese lawmakers pass rules letting domestic chip companies convert 25% of their annual R&D expenses into…
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Zomato co-founder and CTO Gunjan Patidar leaves, following departures of two senior execs and another co-founder last month; Zomato's stock dropped 57%+ in 2022 (Manish Singh/TechCrunch)
Manish Singh / TechCrunch: Zomato co-founder and CTO Gunjan Patidar leaves, following departures of two senior execs and another co-founder…
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