Robinhood has completed its $180 million acquisition of Canadian crypto platform WonderFi, officially entering the Canadian market. Users of WonderFi’s Bitbuy and Coinsquare platforms will be invited to transition to the Robinhood app.
Core Scientific has announced the acquisition of Bitcoin miner Polaris for $421 million, aiming to expand its AI data center operations in Oklahoma. The deal reflects the accelerating trend of Bitcoin mining companies transitioning to AI data centers. As AI computing demand surges, miners’ power infrastructure and cooling systems have become valuable AI computing resources. Polaris operates large-scale data center facilities in Oklahoma. Post-acquisition, Core Scientific will gain additional AI computing capacity. This merger continues the industry wave of miners transforming into AI infrastructure providers. ...
[Flash] James Murdoch’s company is in talks to acquire Vox Media’s New York Magazine and podcast division, The Wall Street Journal reported. The deal would reshape the US media landscape, as New York Magazine is known for its high-quality political and cultural coverage.
MoonPay acquired DFlow, used by Coinbase and Phantom, which has processed over 50 billion dollars in cumulative trading volume.
GameStop stock fell 10 percent after CEO Ryan Cohen dodged analyst questions about the details of the 5.55 billion dollar eBay takeover deal raising concerns about the transaction feasibility
GameStop chairman Ryan Cohen has proposed a $55.5 billion takeover of eBay aiming to build a stronger competitor to Amazon
Meta has completed its acquisition of Assured Robot Intelligence, a company that builds AI models for robots, marking Meta’s formal entry into the humanoid robot space.
Chinese regulators require Meta to reverse its $2 billion acquisition of AI startup Manus, raising global concerns about tightening AI sector merger oversight.