News Corp faced competition in the UK market for a conservative news channel, as a rival organization called GB News is starting a new opinion-led TV channel in the coming months.
Thoma Bravo, a private equity firm that has previously acquired cybersecurity companies like Barracuda Networks and Sophos, is making an email security play.
Ek would follow the likes of former Microsoft CEO Steve Ballmer and tech investor Mark Cuban who have bought sporting franchises with the proceeds of their tech riches.