Ubisoft spins out new unit for Assassin’s Creed and other games, Tencent to take $1.25 billion stake

Ubisoft on Thursday announced it's creating a new gaming subsidiary and that Chinese technology giant Tencent will invest 1.16 billion euros ($1.25 billion) into the unit.

CNBC - 6h

House GOP budget plan would cut domestic spending by $13 billion

House Speaker Mike Johnson has unveiled his plan to avert a government shutdown by Friday night. The short-term stopgap bill would fund the government until Sept. 30, increase defense spending by ...

CBS News - Mar. 10

Canada to impose 25% retaliatory tariffs on $21 billion worth of U.S. goods

Canada will impose 25% tariffs on more than $20 billion worth of U.S. goods in retaliation for the Trump administration's steel and aluminum duties.

CNBC - Mar. 12

'Pokémon Go' sells to Saudi-backed Scopely in $3.5-billion deal

Scopely, a mobile game company, will purchase 'Pokémon Go' and other games from developer Niantic in a deal worth $3.5 billion, the companies announced Wednesday.

Los Angeles Times - Mar. 12

SoftBank expands its AI footprint with $6.5 billion purchase of Ampere Computing

SoftBank Group Corp. announced late Wednesday it is acquiring semiconductor designer Ampere Computing in a $6.5 billion deal that will expand its investments in AI infrastructure.

MarketWatch - Mar. 20

Bill Chisholm agrees to buy Boston Celtics for record $6.1 billion

Symphony Technology Group managing partner Bill Chisholm agreed to buy the NBA's Boston Celtics at a $6.1 billion valuation, he announced Thursday.

Yahoo Sports - Mar. 20

Congestion Pricing Is at Risk. So Is the M.T.A.’s $68 Billion Plan.

The M.T.A. has a five-year capital budget proposal for critical upgrades to the subway, buses and commuter railroads. The catch: It depends on $14 billion in federal funding.

The New York Times - 1d

Yankees become first MLB team valued at more than $8 billion, plus which club saw 50% increase over last year

Forbes has estimated the average club is valued at $2.6 billion

CBS Sports - 1d

Chinese EV giant BYD outpaces Tesla with annual sales of more than $100 billion

Chinese automaker BYD reported annual revenue of 777 billion yuan ($107 billion) for 2024, leapfrogging U.S. rival Tesla as competition between the two electric vehicle rivals heats up.

NBC News - 2d

Pokémon Go Maker Niantic Sells Unit to Saudi Fund for $3.5 Billion

Scopely said it would buy Niantic’s video game business, which includes Pokémon Go, for $3.5 billion. Saudi Arabia’s sovereign wealth fund acquired Scopely in 2023.

The New York Times - Mar. 13

Spending Bill Omits Billions for Local Projects as Congress Cedes Power to Trump

The stopgap measure the G.O.P. is pushing to avert a government shutdown omits billions of dollars in member-requested projects, another way in which Congress has ceded its power on federal spending.

The New York Times - Mar. 14

Tech megacaps lose over $750 billion in market cap in worst day for Nasdaq since 2022

The seven most valuable tech companies lost more than $750 billion in market value on Monday

CNBC - Mar. 10

Salesforce pledges to invest $1 billion in Singapore over five years in AI push

Salesforce on Wednesday announced plans to invest $1 billion in Singapore over the next five years.

CNBC - Mar. 12

Americans lost $5.7 billion to investment scams in 2024, FTC says. Here's how to protect yourself

Americans lost $5.7 billion to investment fraud in 2024, up 24% from 2023, according to the Federal Trade Commission.

CNBC - Mar. 15

Let Warren Buffet's old $1 billion offer for a perfect March Madness bracket remind you how impossible that is

Warren Buffet is offering everyone $1 billion that he knows no one will ever get.

Yahoo Sports - Mar. 16

Google to acquire cloud security startup Wiz for $32 billion after deal fell apart last year

Google signed a "definitive agreement" to acquire Wiz for $32 billion in an all-cash deal

CNBC - Mar. 18

Boston Celtics sold for $6.1 billion to group led by private equity executive Bill Chisholm

A group led by private equity executive Bill Chisholm is buying the NBA's Boston Celtics for $6.1 billion.

CNBC - Mar. 20

AstraZeneca to invest $2.5 billion in Beijing hub as it looks beyond Chinese tax probe

British pharmaceutical giant AstraZeneca announced on Friday that it will invest $2.5 billion in a research and development center in the Chinese capital.

CNBC - 6d

Google's $32 billion Wiz deal may signal a turning point for slow IPO, M&A markets

Google's $32 billion acquisition of Wiz may signal the start of a friendlier initial public offering and deal activity environment.

CNBC - 3d

Altadena Residents Face High Costs as They Begin to Rebuild Their Homes

The realities of construction costs and insurance payments after the Eaton fire have set in for residents.

The New York Times - Mar. 8

Germany must rebuild military conscription system, commissioner says

Yahoo News - Mar. 11

Alabama city leaders vote to replace and rebuild 'corrupt' police department

An Alabama city plans to replace its police department after a grand jury indicted its chief and four officers.

NBC News - Mar. 11

Inside the Sabres' never-ending rebuild -- and how they get back to the playoffs

From Ryan O'Reilly to Jack Eichel to Sam Reinhart and more, success follows for a player once he leaves, with Buffalo set to miss the playoffs again.

ESPN - Mar. 14

Angel City believes it finally has right chemistry to be competitive amid rebuild

New Angel City sporting director Mark Parsons says the team's mix of teens and seasoned veterans is key to its success in NWSL.

Yahoo Sports - Mar. 15

‘I will spend my life rebuilding’: Gaza’s heritage sites destroyed by war

Palestinian experts and British archaeologists say more than two-thirds of heritage, cultural and archaeological sites in Gaza have been damaged. Hamouda al-Dahda stands in the ruins of Pasha ...

The Guardian - Mar. 17

UK must be more ambitious in rebuilding EU relations, says business group

British Chambers of Commerce head says recent warm words about post-Brexit reset are ‘not nearly enough’

Financial Times - Mar. 19

2028 Olympics To Focus On Los Angeles Rebuild And Kendrick Lamar Presence

The games will emanate from the Los Angeles Memorial Coliseum and SoFi Stadium.

Yahoo Sports - Mar. 20

All-Star to architect: Buster Posey's plan to rebuild the Giants

The future Hall of Fame catcher turned president of baseball operations has a vision.

ESPN - 3d

Eight reasons why Juventus fired Thiago Motta, and three lessons for the rebuild

After a month in which Juventus crashed out of the Champions League and the Coppa Italia, they finally parted ways with manager Thiago Motta. Here's why they did it and what else the club needs to ...

ESPN - 3d

White House crypto czar says public has 'lost out on over $17 billion'

Crypto czar David Sacks argued taxpayers have lost out on billions because earlier administrations never took advantage of bitcoin in the government's possession.

ABC News - Mar. 7

OpenAI to pay CoreWeave $11.9 billion over five years for AI data centers, services

Ahead of CoreWeave's upcoming IPO, the provider of data centers for AI has signed a five-year deal with OpenAI worth almost $12 billion.

CNBC - Mar. 10

How a hidden benefit of a Wells Fargo asset cap removal could save the bank billions

The bank paid $2.5 billion more in remediation efforts in 2023 than in 2018, which was a year before Charlie Scharf became CEO.

CNBC - Mar. 11

Roche takes big step in weight-loss field with $5.3 billion deal. Novo Nordisk shares fall.

Swiss drugmaker Roche on Wednesday announced a major deal in the weight-loss category, agreeing to pay up to $5.3 billion to Zealand Pharma in a licensing and development deal.

MarketWatch - Mar. 12

Roche shares pop 5% on $5.3 billion obesity drug deal with Zealand Pharma

Swiss pharmaceutical giant Roche said Wednesday that it had struck a deal worth up to $5.3 billion to develop Zealand Pharma's obesity drug candidate.

CNBC - Mar. 12

Binance secures ‘largest investment ever’ in crypto as Abu Dhabi’s MGX pledges $2 billion

Emirati state-owned investment firm MGX announced a $2 billion investment into Binance, marking the cryptocurrency exchange's first institutional investment.

CNBC - Mar. 13

Tampa Bay Rays withdraw from planned $1.3 billion ballpark, citing storms and delays

The Tampa Bay Rays on Thursday withdrew from a $1.3 billion ballpark project, citing hurricanes and delays that likely will drive up the proposal’s cost.

NBC News - Mar. 13

Tampa Bay Rays withdraw from planned $1.3 billion ballpark in St. Petersburg, citing storms, delays

The Tampa Bay Rays on Thursday withdrew from a $1.3 billion ballpark project, citing hurricanes and delays that likely will drive up the proposal’s cost

ABC News - Mar. 13