businesspick

Amazon.com Inc (AMZN.O) will acquire the maker of robot vacuum cleaner iRobot Corp (IRBT.O) in an all-cash deal for about $1.7 billion, in the latest push by the world’s largest…

The US Bankruptcy Court in New York has given crypto firm Voyager Digital Holdings Inc the approval to return $270 million in customer cash, the Wall Street Journal reported on…

US job growth unexpectedly accelerated in July, lifting the level of employment above its pre-pandemic level and pouring cold water on fears the economy was in recession. The Labor Department’s…

Warner Bros. Discovery Inc (WBD.O) on Thursday laid out a new strategy that will merge the HBO Max streaming service with Discovery+ while vowing to take aim at Marvel’s “Captain…

Visa (V.N) and Mastercard (MA.N) on Thursday said they had suspended ties with the advertisement arm of MindGeek, owner of website Pornhub, after a lawsuit raised questions over whether the…

Italy is close to clinching a deal initially worth $5 billion with Intel (INTC.O) to build an advanced semiconductor packaging and assembly plant in the country, two sources briefed on…

House prices in Britain fell the first time in more than a year in July in monthly terms and the market is likely to weaken further as interest rates go…

Twitter on Thursday said the notion Elon Musk was “hoodwinked” into inking a $44 billion buyout deal defies reason and the facts. In a filing, Twitter rejected counterclaims made by…

A new bill introduced in the US Senate would make the Commodity Futures Trading Commission (CFTC) the direct regulator of the biggest cryptocurrencies. The measure, introduced by the top Democrat…

Governor ‘Seyi Makinde and the Minister of Industry, Trades and Investment, H.E. Adeniyi Adebayo on Thursday launched a new ride-hailing service in Ibadan, the Oyo State capital. Codenamed: ‘AFRICAR’, the…