Billionaire Len Blavatnik has agreed to a $4.3 billion recapitalization of DAZN, injecting more of his vast personal fortune into the loss-making sports-streaming service best-known for airing boxing fights and European football. In a statement on Friday, DAZN said Blavatnik had injected new equity into the company, while also converting existing shares and retiring shareholder loans. The...
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Apple’s New Headset Makes Meta Look Like AR’s BlackBerry
Apple may have just BlackBerried Meta Platforms’ Quest devices. Apple’s presentation of its mixed-reality headset, the Vision Pro, on Monday seems likely to spell the beginning of the end for Meta’s ambitions in augmented reality and virtual reality. Remarkably, given the endless amounts of media coverage devoted to this device over the past couple of years, Apple’s presentation felt...
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