2025-05-23
OnlyFans is in talks to sell for $8 billion
OnlyFans is on the selling block, according to a report by Reuters. The current owner of the adult entertainment platform, Fenix International Ltd, is in talks to sell to an investor group at a valuation of around $8 billion. This group is being led by an entity called the Forest Road Company, which is an investment firm based in Los Angeles.
The platform generated $6.6 billion in revenue just in 2023, so the idea of an $8 billion payout doesn't [...]
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2025-05-23
OnlyFans in talks to be sold for billions of dollars: Report
OnlyFans, a website that’s been called the future of sex work, could soon be sold to L.A. investment firm Forest Road Company, according to a report in Reuters, at a valuation of $8 billion.Read mor [...]
2025-01-26
Trump denies talks with Oracle about a TikTok deal but says a decision will likely be made within 30 days
Following a report by NPR that said the Trump administration is working on a deal with Oracle and other investors to take over TikTok in the US, Trump has denied any talks with Oracle but says he has [...]
2025-01-22
Google is investing another billion dollars in Anthropic
Google has decided to invest another billion into Anthropic, four sources told the Financial Times, bringing its total sunk cost to more than three billion dollars. Both companies have declined to com [...]
2025-03-11
Nissan announces its CEO will step down just one month after failed merger talks with Honda
Nissan CEO Makoto Uchida is stepping down on April 1, the company just announced. He will be replaced by acting Chief Planning Officer (CPO) Ivan Espinosa. Uchida has been CEO since 2019 and Espinosaâ [...]
2025-02-01
What will happen to TikTok? A look at the potential buyers.
TikTok may be back online, but the app’s future in the United States is still far from certain. President Donald Trump’s executive order delaying enforcement of the ban was only a temporary reprie [...]
2025-03-04
TSMC is investing an additional $100 billion into semiconductor manufacturing in the US
Taiwan Semiconductor Manufacturing Company (TSMC), the world's top semiconductor manufacturer, has pledged to invest another $100 billion over the next four years to boost advanced semiconductor [...]