The future of bankrupt electric motorbike startup Cake is still uncertain, but the majority of its U.S. inventory is going to a guy in Florida. Michael Joyce, who runs a retail shop in St. Petersburg called Emoto, tells TechCrunch that he bought all of the Cake Makka and Ösa motorbikes that had been shipped stateside … Read more
JERUSALEM — A weeklong cease-fire that brought the exchanges of dozens of hostages held by Hamas for scores of Palestinian prisoners held by Israel gave way Friday morning to resumed fighting between Israel and Hamas. As mediators scuttle between the warring sides in a last-ditch effort to broker another swap, questions emerge on who remains … Read more
Rafael Henrique | SOPA Images | LightRocket | Getty Images Disney said Wednesday that it had agreed to buy Comcast’s one-third stake in streaming service Hulu, a long-expected outcome. Disney said it expects to pay Comcast’s NBCUniversal about $8.61 billion by Dec. 1, reflecting the guaranteed minimum value of $27.5 billion for the streaming service … Read more
Walmart paid $1.4 billion to purchase out Tiger International’s remaining holding of Flipkart shares because the retail big additional expands its stake within the Indian e-commerce startup. The transaction happened in current days and Tiger International, which has cashed most of its Flipkart shares earlier, total made a return of $3.5 billion on an funding … Read more