Sports-focused streaming service DAZN is close to acquiring BT Sport, a London-based TV broadcaster that has rights to air the Premier League and other top competitions in the country, according to Reuters . The deal, which is estimated to be for $800 million, could be finalized as early as this month, the report adds. If the deal goes through, it would be a huge boost for DAZN, which has...
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Lessons From the Last Three Years of IPOs
Talk about hangovers in the wake of initial public offerings! It’s a telling sign when you have to go back to 2019 to find a decent number of tech IPOs that are still above water. As we recounted today—and demonstrated in a cool chart—the vast majority of last year’s IPOs are underwater. The group from the year before isn’t doing much better. But the crop from 2019, when companies such as...
Southeast Asia’s Grab Aims to Break Even in 2024
Interpol Issues Red Notice for Terra Founder Do Kwon, South Korea Says
Amid Slowing Sales, Amazon to Hold Second Prime Day in October
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