Netflix (NFLX), originally a DVD rental service, sparked the streaming revolution when it launched its video streaming service in 2007. Nearly two decades later, it faces fierce competition from major media giants like Disney (DIS), Apple (AAPL), and Amazon Prime (AMZN). These companies are now all investing millions…Read more... [...]
Europe’s biggest food delivery firm Just Eat Takeaway.com is set to be acquired by tech investor Prosus for €4.1bn, in one of the biggest acquisitions in the history of Dutch tech. Prosus — the investment arm of South African tech firm Naspers — has agreed to buy Just Eat Takeaway’s shares at €20.30 each in an all-cash offer. That’s a 22% premium over the delivery app’s recent th [...]