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Exodus sells bitcoin to fund payments push after posting loss
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Exodus Movement sold more than 1,000 bitcoin in the first quarter to raise cash for its payments acquisitions. The company reported a wider net loss as revenue declined sharply.
Payward, the parent company of cryptocurrency exchange Kraken, has agreed to acquire Hong Kong-based Reap Technologies for up to $600 million in a cash-and-stock deal. The transaction values Payward at $20 billion and represents the company's largest acquisition to date.
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Inseego has announced the acquisition of Nokia's Fixed Wireless Access consumer premises equipment operations, known as the FastMile brand. The deal is expected to double the company's revenue and expand its international presence. Nokia is effectively paying Inseego to take over the loss-making unit.
OpenAI has entered an agreement to acquire Astral, the company behind popular open source Python tools including uv, Ruff and ty. The deal will integrate Astral into OpenAI's Codex team to enhance AI capabilities in software development. Financial terms were not disclosed.
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Apple has acquired MotionVFX, a firm known for providing plugins, templates and visual effects to video editors. The acquisition appears on MotionVFX's website and was first reported by MacRumors. Apple has not disclosed the price or further details of the deal.
Millicom, known as Tigo, has finalized the public acquisition offer for Telefónica's majority stake in Colombia Telecomunicaciones, ending 20 years of the Spanish company's operations in the local telecom market. The deal, worth US$214.4 million, gives Millicom 67.5% ownership and over 40 million lines. A second phase is expected in April to acquire the remaining shares.
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丰田将旗下附属公司丰田自动织机私有化的计划引发了与激进投资者的冲突。6月公布的初步报价本月上调15%至每股¥18,800,但总部位于美国的Elliott Investment Management批评该报价严重低估了公司价值。
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