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ESPN’s new streaming service arrives August 21
ESPN’s long-awaited new standalone streaming service will launch on August 21, alongside an overhauled ESPN app that gives users a "more personalized, dynamic viewing experience." Simply (and potentially confusingly) called ESPN, the new platform arrives just ahead of the new NFL season and the US Open tennis competition, as well as a number of other returning sports that ESPN broadcas [...]
DoorDash buys Deliveroo for £2.9B — less than half its IPO price
US food delivery giant DoorDash has acquired British rival Deliveroo in a £2.9bn ($3.9bn) deal, ending the UK business’ rocky tenure as a public company. The all-cash offer, priced at £1.80 ($2.40) per share, represents a 77% premium over Deliveroo’s recent trading price. However, the acquisition price is less than half its 2021 IPO valuation of £7.6bn. Deliveroo’s board unanimously bac [...]
