Koi Reid

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 households worldwide, the companies said on Monday. The structure is $96 in cash […]
KFC

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 to the public markets, without yet putting its financials on public display. The confidential mechanism, which Indian […]

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 world’s largest contract electronics manufacturer. The division of labour follows the two companies’ respective strengths. Foxconn […]