American Express acquires TheFork for $700m to build out its dining empire
American Express acquires TheFork for $700m to build out its dining empire

American Express acquires TheFork, the European restaurant-reservation platform, from Tripadvisor for $700m in cash. The payments company announced the proposed deal on Monday, adding a booking network of more than 50,000 restaurants across 11 European…

A Big ‘Avengers: Doomsday’ Leak Reportedly Arrives, But Its Validity Is Debatable

There’s a big new Avengers: Doomsday leak making the rounds, but given its quality and content, it’s easy to debate if it’s real.

Lower-Cost Desalination May Be On The Way

This week’s Current Climate newsletter also looks at GM’s push to develop data center batteries and turning to street lights to boost EV charging options.

Fox acquires Roku for $22bn to plant its flag in streaming’s front door
Fox acquires Roku for $22bn to plant its flag in streaming’s front door

Fox acquires Roku in a $22bn deal that drags the cable-reliant broadcaster squarely into streaming. Fox Corporation will pay $160 a share, in cash and stock, for the maker of the streaming sticks and smart TVs sitting in more than 100 million household…

Fox is buying Roku
Fox is buying Roku

Fox has announced that it’s acquiring Roku outright, in a deal that values the streaming company at $22 billion. Once the deal is complete, Fox content will be promoted more heavily than before on Roku streamers and smart TVs. The deal will see Fox’s TV networks and Tubi streamer combine with Roku’s network of streaming […]

Don’t Build A Combatant Command Around A Tool

Congress wants a new command focused on AI and autonomous systems. Critics argue it could make the U.S. military less effective, not more.

Forget Elon’s Data Centers In Space. This Startup Wants To Float Them At Sea

Panthalassa sees data centers powered and cooled by the ocean as a cheaper alternative to the orbiting server farms Musk is pitching to SpaceX investors.

India’s Razorpay files for IPO through the confidential route
India’s Razorpay files for IPO through the confidential route

Razorpay, the Bengaluru payments company, has filed draft papers for an initial public offering through India’s confidential route, according to people familiar with the matter. The filing moves one of the country’s larger fintech firms a step closer t…

Schneider Electric and Foxconn partner on AI data-centre infrastructure
Schneider Electric and Foxconn partner on AI data-centre infrastructure

Schneider Electric has announced a strategic collaboration with Hon Hai Technology Group, better known as Foxconn, to design and scale the next generation of AI data centres. The deal, announced on 15 June, pairs the French energy-management group with…

The UK Places a Sweeping Ban on Social Media for Kids Under 16

The UK government is introducing a ban on social media for children and a minimum age for some chatbots in an attempt to shield young people from dangerous corners of the web.