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OpenAI acquires the startup of the iPhone architect for $6.4 billion

OpenAI Acquires Startup IO for $6.4 Billion OpenAI is set to acquire IO, a hardware startup founded by Jony Ive, renowned for his work at Apple. This marks the largest acquisition by the creators of ChatGPT, valued at $6.4 billion. Ive, who has been instrumental in the design of products like the iPhone, along with […]

Cathie Wood acquires $2.7 million in rising Chinese tech stock following tariff discussions.

Cathie Wood Expands Investment in Chinese Tech Amid Easing Trade Tensions Cathie Wood, the founder and CEO of ARK Investment Management, is widely recognized for her focus on innovative technologies, particularly in sectors like AI and robotics, with most of her investments concentrated in U.S. firms. This week, however, she shifted gears and invested approximately […]

Alexis Ohanian, co-founder of Reddit, acquires a £20m share in Chelsea Women.

Alexis Ohanian, who co-founded Reddit and is married to tennis star Serena Williams, recently shared his excitement about investing in Chelsea Women’s FC. He mentioned that this move aims to “finally match talent with resources and respectable respect.” It was announced on Wednesday that Ohanian had acquired a 10% stake in the women’s super league […]

Semler Scientific Acquires 1,510 Bitcoin This Year, Now Owns 3,808 BTC

Semler Scientific (NASDAQ: SMLR) now holds 3,808 BTC after acquiring 1,510 coins since early 2025. Their Q1 revenue report indicated that despite a net loss of $64.7 million, the growth of their Bitcoin reserve generated a 22.2% BTC yield by May 12. Eric Semler, the Chairman, mentioned that they continue to utilize their operating cash […]

3G Capital acquires Skechers for $9.4 billion, making the footwear company privately owned

3G Capital, a private equity firm, has finalized an agreement to acquire Skechers and transition the footwear brand into a private entity. This multi-billion dollar agreement, announced on Monday, received “unanimous” backing from Skechers’ board. As part of the arrangement, 3G Capital will buy Skechers shares at $63 each. Shareholders of Skechers can also choose […]

BlackRock Acquires Panama Canal Ports Amid U.S.-China Tensions

Marvel will be waiting for one Marvel before entering Panama Canal in Panama City on February 23, 2025 (by Martin Bernetti/AFP via Getty Images) OAN Staff James Meyers1:48pm – Tuesday, March 4th, 2025 The Hong Kong-based company has agreed to sell two terminals at both ends of the Panama Canal to US asset management company […]

Murdoch’s Fox Acquires Podcast Network of Former Fox News Stars

Redsheet Ventures, which hosts former Fox News stars Tucker Carlson and Meggin Kelly, as well as the popular true crime podcasts, has been bought by Fox of Rupert Murdoch. “it is It works “Tubi CEO Paul Cheesbrough will be led by Tubi CEO Paul Cheesbrough as a standalone entity within the Tubi Media Group,” according […]