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SoftBank-backed Metropolis raises $1.6 billion to expand beyond AI-powered parking lotsThe funding includes a $500 million Series D equity round led by LionTree that valued the company at $5 billion. SoftBank Vision Fund, Vist...- Yahoo appoints Hollywood actress Jessica Alba to boardYahoo, which sprung up during the age of desktop PCs hooked up to dial-up internet connections, has been looking to grow its offerings to c...
- Serena Williams's early stage venture capital firm raises $111 millionThe investment firm led by the tennis star is already an active angel investor with a portfolio of 60 companies that includes SendWave, Mas...
- Goldman Sachs, Ozy Media and a $40 million conference call gone wrongOzy Media accused of impersonating a Google executives, vastly inflating its web and video traffic and raising millions of dollars over a f...
- More ETSA 2021 nominees; 500 Freshworks employees turn crorepatisToday, we are unveiling nominees in three more categories: Woman Ahead, Social Enterprise, and Covid-led Business Transformation. Let's div...
- BillDesk cofounder on Prosus deal; pre-IPO boost for PaytmBillDesk, the Indian fintech firm that predates the word 'fintech', will soon be acquired by global tech investor Prosus in a $4.7 billion ...
- Wall St boutique PJT Partners joins Indian M&A sweepstakes with PayU-BillDesk dealThe six-year-old firm had roped in former Citi India CEO Pramit Jhaveri as senior advisor to help grow base.
- Netflix to expand into video games, hires new executiveLast week, Netflix also signaled that it was moving into the podcast space with the new hire of N'Jeri Eaton, a former Apple and NPR execut...
- Gaming startup WinZO raises $65 million from Griffin Gaming PartnersPhil Sanderson, co-founder of Griffin Gaming Partners, will join WinZO’s board of directors, as part of the fundraising deal.
- Amazon snaps up James Bond owner MGM for $8.45 billion as streaming war heats upThe deal aims to bolster Amazon's television-focused studio with new and historic filmmaking from MGM, which has snapped up lucrative serie...
- Amazon in talks to buy MGM movie studio: ReportThe status of Amazon's discussions with MGM is unclear and it is possible no deal may result.
- Zee promoters to sell 11% to Invesco OppenheimerThe fund has been a financial investor in Zee since 2002 and currently owns a 7.7 per cent stake in the company.
- Zee promoters to sell 11% stake to Invesco Oppenheimer Fund for Rs 4,224 crorePromoters reject Comcast-led consortium’s offer. Zee Entertainment open to sell further 9%.
- Objective is to repay everyone’s money and that too happily, says Essel group chairman Subhash ChandraEssel group Chairman Subhash Chandra is confident ZEE stake sale will happen within the Sept 30 deadline.
- This BCG report shows why Subhash Chandra is selling ZEE stakeChandra's game plan might just be to turn his broadcasting giant into a media tech company with a heavy emphasis on OTT.
- Global company’s offer spurred Zee into stake-sale modeThe Zee Entertainment chief wouldn’t be drawn into discussions about valuation.
- ZEE Promoters scout for global strategic investor; to sell up to 50% stakeThe move, Essel Group said, is to address the capital allocation priorities and will allow ZEE shareholders to capture the full value.
- Zee Entertainment shares drop 4% on divestment buzzThe scrip declined 4.08 per cent to hit a low of Rs 420.30 on the BSE early on Wednesday.
- Stocks in the news: Zee Entertainment, Divi's Labs, Sun Pharma, JSPL and Ashok LeylandHere’s a list of stocks which may hog limelight in today’s session.
- Ahead of video launch, Saavn raises Rs 635 crore from Tiger Global, othersMusic-streaming company Saavn has raised $100 million in funding led by Tiger Global Management as it prepares to launch a video service.
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