KORE Sold – Investors Offer $9.25/Share in All-Cash Deal Worth $726M
KORE Group Holdings to go private in $726M all-cash deal with Searchlight Capital and Abry Partners. Shareholders get $9.25 per share. Expected close in 2026.
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Meta's AI Chip Ambitions Stall: Drops Olympus, Bets Big on Google TPUs & More
Meta abandons its most advanced in-house AI training chip (Olympus) due to design struggles and shifts focus to simpler MTIA versions while securing multi-billion deals to rent Google TPUs and buy chips from AMD & Nvidia.
Flutter Misses Q4 Expectations as “Boring” NFL Season and Prediction Markets Weigh on FanDuel
Flutter, parent of FanDuel, reports Q4 misses amid prediction market pressures; shares drop as US forecasts fall short, but international outlook shines.
Brink's Bets Big on ATMs: $6.6 Billion Deal to Acquire NCR Atleos
Brink's Company is set to buy NCR Atleos for $6.6 billion in cash and stock, merging two giants in financial tech to enhance ATM services and cash solutions for banks and retailers worldwide.
Netflix Says "No Thanks" to Warner Bros. – Paramount Wins the Big Fight!
Netflix walks away from buying Warner Bros. after refusing to match Paramount Skydance’s higher offer. Paramount now takes over the iconic studio in a huge Hollywood shake-up.
Duolingo Sacrifices Short-Term Gains for Long-Term Scale: Earnings Beat, But Guidance Disappoints Investors
Duolingo shares fell 22% after forecasting slower 2026 bookings growth (~11%) to prioritize AI features and user growth toward 100M DAUs by 2028.