Tag Archives: billion

Google Pays $1 Billion for London Office Building

Google said Friday that it would spend $1 billion to purchase a London office building, making it the owner of another high-priced piece of real estate as the internet giant bets on an eventual return to office for its employees around the world. The company said it would buy a building in London’s West End where it had already been leasing office space. The purchase is on top of another $1 billion that Google is estimated to be spending to construct an 11-story, one-million-square-foot… Source link

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Google Pays $1 Billion for London Office Building

Google said Friday that it would spend $1 billion to purchase a London office building, making it the owner of another high-priced piece of real estate as the internet giant bets on an eventual return to office for its employees around the world. The company said it would buy a building in London’s West End where it had already been leasing office space. The purchase is on top of another $1 billion that Google is estimated to be spending to construct an 11-story, one-million-square-foot… Source link

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Google expands London property empire with $1 billion office purchase

The Central St Giles building in London. DavorLovincic | iStock Unreleased | Getty Images Google has bought a colorful office space in London for $1 billion while it waits for building work on its heavily-delayed U.K. headquarters to be completed. The internet giant announced Friday that it has acquired all of the Central St. Giles building, where it already occupies a number of floors, in London’s West End. “Our investment in this striking Renzo Piano-designed development represents our… Source link

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Google shows faith in office with $1 billion London deal

The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register LONDON, Jan 14 (Reuters) – Tech giant Google has spent $1 billion to buy a central London building where it is currently a tenant, showing its confidence in the future of the office as a place to work, the company said on Friday. Google, which employs 6,400 people in Britain, plans a multi-million… Source link

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Take-Two’s $12.7 billion purchase of Zynga will combat Apple’s privacy changes

This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Wednesday, January 12, 2022 Take-Two’s acquisition of Zynga gives its mobile arm the size to fight Apple’s privacy changes Take-Two Interactive’s (TTWO) $12.7 billion acquisition of mobile gaming giant Zynga (ZNGA) announced this week means the company behind “Grand Theft Auto” and the maker… Source link

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Why Grand Theft Auto maker Take-Two is buying Zynga for $12.7 billion

Wall Street sees the rationale behind Take-Two’s $12.7 billion deal to buy Zynga, even if traders hate the transaction at first blush. “Take-Two is using its balance sheet and equity to opportunistically buy a good mobile asset in a depressed market,” said Jefferies analyst Andrew Uerkwitz.  The Grand Theft Automaker said it would pay a 64% premium to scoop up Words With Friends developer Zynga, using a mix of cash and stock. Zynga will continue to be led by CEO Frank Gibeau, get two seats on… Source link

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Crypto scams, hacks cost investors $14 billion in 2021

Soaring retail and institutional interest in cryptocurrency last year also led to a boom in criminal activity that cost investors billions, underscoring the urgency of efforts to regulate the digital coin movement.  According to research firm Chainalysis, cryptocurrency addresses associated with illegal activity accumulated $14 billion. But when weighted against all cryptocurrency activity, the figure accounted for a relatively paltry 0.15% of total funds changing hands on any blockchain —… Source link

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Google is buying a company for half a billion dollars to boost cloud security

Google’s $500 million acquisition of Israel-based startup Siemplify is supposed to help the company bolster its own cloud security initiative, Chronicle, according to a report from Reuters. In a blog post announcing the deal, Google describes Siemplify as a security orchestration, automation, and response (SOAR) organization and plans to integrate its capabilities into Chronicle. “Siemplify allows Security Operation Center analysts to manage their operations from end-to-end”

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Google warns 2 billion users of update that could break websites worldwide

Google has issued a warning to Chrome’s more than two billion users amid fears the browser’s forthcoming update will break a number of websites around the world. The tech giant announced the news via its Chromium Bug tracker, the codebase for Chrome, and a solution to the issue is currently nowhere in sight. It’s currently unclear what websites – and how many – are due to be… Source link

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Rocket Companies scoops up Truebill for nearly $1.3 billion in major fintech play

Rocket Companies CEO Jay Farner wasn’t kidding around when he told Yahoo Finance Live in November he was on the hunt for acquisitions to diversify his company and fetch a higher trading multiple for a stock that has been under pressure.  And Farner is looking to fast-growing fintech to help pull both those goals off.  The company said Monday it would acquire personal financial app Truebill for $1.275 billion in cash. Truebill was founded in 2015, and currently has 2.5 million members who use… Source link

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