December 21, 2023
Report: Blackstone to Acquire 80% Stake in Sony Payment Services
Alternative asset manager Blackstone is reportedly set to acquire an 80% stake in Sony Payment Services, a payment service provider under Sony Group. The deal, valued at approximately $280 million, is expected to be...
December 20, 2023
Japan Investment Corp Confident in $6.4 Billion JSR Corp Buyout...
The State-backed Japan Investment Corp (JIC) has stated that it encounters no specific issues with China’s antitrust regulator regarding its planned $6.4 billion buyout of chip materials firm JSR Corp...
December 20, 2023
French Watchdog Hits Sony with €13.5M Fine for PS4 Controller...
France’s antitrust regulator, Autorité de la Concurrence, announced on Wednesday that it has imposed a fine of 13.5 million euros ($14.8 million) on Japanese tech giant Sony. The penalty was...
December 19, 2023
US Senators Unite Across Party Lines to Oppose US Steel...
In a swift and bipartisan response, U.S. senators from neighboring states of Ohio and Pennsylvania, both Democrats and Republicans, have expressed their vehement opposition to the recent announcement that U.S....
December 18, 2023
Nippon Steel Emerges Victorious in $14.9 Billion Deal to Acquire...
Japan’s Nippon Steel secured a momentous deal on Monday, outbidding competitors to acquire U.S. Steel for a staggering $14.9 billion in cash. The 122-year-old iconic American steelmaker faced fierce competition...
December 17, 2023
Disney and Reliance Merger Faces Antitrust Scrutiny in India
Discussions are underway for a merger between Walt Disney’s India unit and Mukesh Ambani’s media business. The combined entity, if formed, would emerge as a formidable entertainment powerhouse in the...
December 15, 2023
DLT’s Role in Traditional Finance May Scale With Tokenized Loans
Distributed ledger technology (DLT) has long been promised to upend traditional financial services. The common refrain has been that blockchain would do so by disintermediating everything that banks do —...
December 15, 2023
More Likely Than What? The Relevance of the Counterfactual in...
The rise of digital applications in every facet of our daily lives has substantially increased the pace at which markets evolve. Nascent markets today can turn into multi-billion-dollar markets in...
December 14, 2023
Smartpricing Raises $14 Million for AI-Powered Hotel Revenue Management
Smartpricing has raised $14 million to enhance its apartment and hotel sector revenue management software. The Italian company makes software designed to help hosts boost their revenue via machine learning...
