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2025-03-26
Dollar Tree is selling Family Dollar to private equity firms for $1 billion
Dollar Tree (DLTR) said Wednesday that it would sell its Family Dollar business to a pair of private equity firms for $1 billion, a fraction of the amount it paid for the struggling unit several years [...]
2025-05-13
Perplexity: 500 million dollar round could value AI startup at 14 billion
Perplexity, the AI startup known for its generative search engine, is reportedly close to raising $500 million in a new funding round that would value the company at $14 billion.<br /> The artic [...]
2025-03-27
Anthropic and Databricks close 100 million dollar deal for AI agents
Anthropic and Databricks have entered a five-year partnership worth $100 million to jointly sell AI tools to businesses.<br /> The article Anthropic and Databricks close 100 million dollar deal [...]
2025-01-16
The best live TV streaming services to cut cable in 2025
Around ten years ago, as the price of cable rose to untenable heights, live TV streaming services arrived as the low-cost, contract-free antidote. The services are still blissfully easy to walk away f [...]
2025-05-08
Nintendo's Switch 2 sales forecast predicts 15 million consoles in its first fiscal year
Nintendo is throwing some cold water on Switch 2 sales estimates even though launch demand seems to be off the charts. In its latest earnings report, the company projected sales of 15 million Switch 2 [...]
2025-03-19
'47 Ronin' director charged with $11 million fraud over doomed Netflix sci-fi series
Carl Erik Rinsch, the director of 47 Ronin, has been charged for defrauding a streaming service out of $11 million, according to the Southern District of New York's US Attorney's Office. Whi [...]
2025-03-29
OpenAI nears completion of multi-billion dollar funding round
SoftBank and OpenAI announced a major partnership on Monday that includes billions in annual spending and a new joint venture focused on the Japanese market.<br /> The article OpenAI nears compl [...]
2025-02-12
X will pay ‘about $10 million’ to settle lawsuit over Donald Trump’s Twitter suspension
X has reached a settlement with President Donald Trump in a lawsuit over the president’s 2021 suspension from Twitter. The Wall Street Journal reports that the Elon Musk-owned company has agreed to [...]
2025-05-01
Apple ordered to pay $502 million to Optis by UK courts
Apple has been ordered to pay a $502 million lump sum payment by UK courts for infringing on patents owned by Optis Cellular Technology LLC, based out of Texas. When you include interest and fees, Opt [...]