Monthly Archives: July 2021

Russia's Yandex pulls out of deal to buy online fashion retailer KupiVIP – WHBL News

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Major League Baseball and DraftKings Expand Relationship to Include Live Game Streaming and Sports Betting

New Bet & Watch Feature Allows Fans to Watch a Live MLB Game in the DraftKings App BOSTON and NEW YORK, July 09, 2021 (GLOBE NEWSWIRE) — Major League Baseball and DraftKings Inc. (Nasdaq: DKNG) today announced a strategic sportsbook expansion and an extension of its existing Daily Fantasy Sports and sports betting relationship which will include expanded promotional rights and content inclusive of the sports betting category. Among the key components of the expanded relationship are rights… Source link

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Apple ‘worse’ than Google, will be next antitrust target

Apple will be the next major target in the United States’ latest crack down on Big Tech, IAC CEO Joey Levin predicted on CNBC on Friday. Levin said on “Squawk Box” that he believes “Apple’s next, and I think Apple is, in many senses, worse” than Google, which was sued this week by a group of state attorneys general. The AGs alleged that the Alphabet unit abused its power over app developers through its Play Store on Android. Apple has “forced companies into the system,” said Levin, whose… Source link

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Russia’s Yandex pulls out of deal to buy online fashion retailer KupiVIP

MOSCOW (Reuters) – Russian tech giant Yandex said on Friday it was pulling out of a deal to buy online fashion retailer KupiVIP, but is considering alternative outlets in the fashion sector. Yandex said in May it had agreed to buy the online retailer on undisclosed terms to enhance its Yandex.Market offering. “Yandex.Market will not exercise its option to buy the KupiVIP group,” Yandex said in a statement. (Reporting by Gleb Stolyarov; Writing by Alexander Marrow; editing by David Evans) Source link

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Russia’s Yandex pulls out of deal to buy online fashion retailer KupiVIP

Employees move boxes at a logistics centre of the Yandex.Market e-commerce platform in Moscow, Russia June 21, 2021. REUTERS/Evgenia Novozhenina/Files MOSCOW, July 9 (Reuters) – Russian tech giant Yandex (YNDX.O) said on Friday it was pulling out of a deal to buy online fashion retailer KupiVIP, but is considering alternative outlets in the fashion sector. Yandex said in May it had agreed to buy the online retailer on undisclosed terms to enhance its Yandex.Market offering. “Yandex.Market will… Source link

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Grubhub, Yandex partner on robot meal delivery

In this edition of 5 Things, Food Management highlights five things you may have missed recently about developments affecting onsite dining. Here’s your list for today: Grubhub partners with robot firm for campus meal deliveries Related: FM announces 2021 Best Concept Award winners Mobile food-ordering/delivery platform Grubhub, which operates on more than 250 college campuses across the United States, has announced a multi-year partnership… Source link

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Russia’s Yandex pulls out of deal to buy online fashion retailer KupiVIP

MOSCOW, July 9 (Reuters) – Russian tech giant Yandex said on Friday it was pulling out of a deal to buy online fashion retailer KupiVIP, but is considering alternative outlets in the fashion sector. Yandex said in May it had agreed to buy the online retailer on undisclosed terms to enhance its Yandex.Market offering. “Yandex.Market will not exercise its option to buy the KupiVIP group,” Yandex said in a statement. (Reporting by Gleb Stolyarov; Writing by Alexander Marrow; editing by David Evans) Source link

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Biden to sign executive order aimed at promoting competition across the economy

President Joe Biden signed an executive order on Friday aimed at promoting competition across the U.S. economy — including measures that target big tech companies, aim to lower prices for consumers and call for greater scrutiny of mergers across industries.  “The heart of American capitalism is a simple idea: open and fair competition,” said Biden before signing the order. “Capitalism without competition isn’t capitalism. It’s exploitation. Without healthy competition big players can… Source link

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Cryptocurrency firm Bullish to go public in $9 billion SPAC deal

By Gertrude Chavez-Dreyfuss (Reuters) – Cryptocurrency company Bullish announced on Friday it had agreed to go public on the New York Stock Exchange through a merger with Far Peak Acquisition, a special purpose acquisition company (SPAC), in a $9 billion deal. Bullish, a unit of blockchain software company Block.one, plans to launch a regulated crypto exchange later this year. The company is backed by billionaire entrepreneur Peter Thiel’s Thiel Capital and Founders Fund, British hedge fund… Source link

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Melvin Struggles to Shake Reddit Attack With 46% Loss So Far

(Bloomberg) — Gabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as the hedge fund struggled to bounce back from a vicious attack by Reddit traders on its short positions. The firm, which plunged in January as its bearish bets on companies including GameStop Corp. and AMC Entertainment Holdings Inc. were besieged by a retail-driven buying spree, was up about 1% in June, according to people familiar with the matter. Melvin now calculates its loss in the first… Source link

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