Tag: million
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UK’s IG Group bets big on US prediction markets with $1.3 billion Underdog deal
July 30 : Britain’s IG Group said on Thursday it has agreed to acquire U.S. daily fantasy sports and prediction markets operator Underdog for up to $1.3 billion, deepening its push into the fast-growing U.S. retail trading market.The deal includes an upfront consideration based on an enterprise value of about
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Worldline cuts revenue growth forecast as bank contract delays slow recovery
July 30 : French digital payments group Worldline lowered its 2026 revenue growth expectations on Thursday, saying a recovery in new business had taken longer than expected as banks delayed awarding contracts following the company’s recent setbacks.Worldline now expects flat to marginally positive revenue gro
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UK’s IG Group agrees to buy sports gaming firm Underdog for up to $1.3 billion
July 30 : Britain’s IG Group said on Thursday it has agreed to acquire U.S. daily fantasy sports and prediction markets operator Underdog for up to $1.3 billion, in a deal that would strengthen its position in the fast-growing U.S. retail trading market.The deal includes an upfront consideration based on an e
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Australia sues Telegram for not removing ‘terrorist content’
Australia says videos of terrorist executions and mass shootings weren’t removed from Telegram after they were reported. The move comes a day after Russia charged founder Pavel Durov with facilitating terrorist activity.
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EBay, former executives to pay $56 million to settle couple’s harassment case
July 28 : EBay and three former top executives have agreed to pay $55.7 million to resolve a lawsuit by a Massachusetts couple who fell victim to a bizarre stalking and harassment campaign carried out by several of its employees in retaliation for their coverage of the e-commerce company in a newsletter they publish
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Germany: Online tourist accommodation bookings hit new peak
Vacation rental bookings through online platforms have climbed to a new record in Germany. The figures reveal major regional differences in where certain tourists like to go.
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Sports betting industry spending on US midterm elections surpasses $72 million
NEW YORK, July 28 : DraftKings, FanDuel and other online sports betting companies have ramped up election spending on the U.S. midterms to at least $72 million so far, the latest campaign election data shows, as prediction markets like Kalshi and Polymarket bring fresh scrutiny — and competition — to online bett
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France’s Exosens to triple thermal camera production for drones
July 28 : French defence company Exosens said on Tuesday it would triple thermal-camera production capacity in 2026 to meet growing demand from drone and counter-drone applications, as it reported a 15.3 per cent rise in first-half revenue and raised its full-year outlook.The night-vision gear maker said it n
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How ‘fire-generated thunderstorms’ make wildfires more deadly
Certain types of severe wildfire can create pyrocumulonimbus – something that Nasa calls the “fire-breathing dragon of clouds”.
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Ubisoft maintains outlook, says some major titles delayed to 2028, 2029
July 23 : French video game maker Ubisoft stuck to its annual targets on Thursday after first-quarter bookings came in slightly above guidance, while the group continued to cut costs and gave limited new detail on its future release slate.• Ubisoft reported first-quarter net bookings of 255.8 million euros
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