GameStop makes $56B bid for eBay in surprise takeover attempt
GameStop CEO Ryan Cohen has made an unsolicited offer to acquire eBay for about $56 billion. The proposal values eBay at $125 per share, roughly a 20 per cent premium, and positions the combined company as a potential competitor to Amazon. Cohen said GameStop has already built a roughly 5 per cent stake in eBay […]
AWS outage in Middle East to last months after drone strike damage
Amazon Web Services says customers in the Middle East will face several more months of disruption after data centres in the United Arab Emirates and Bahrain were damaged by drone strikes. Full recovery could take nearly half a year, extending outages that have already persisted for two months. In an April 30 update, AWS confirmed […]
Connecticut pushes statewide school phone ban as restrictions spread
Connecticut lawmakers are advancing a bill that would require students to keep cell phones switched off and out of use for the entire school day. If passed, the state would join 35 others with legal restrictions on phone use in schools, signalling a broader shift toward formalising policies that many districts already enforce informally. The […]
Boston Dynamics under pressure as Hyundai pushes robot production ramp
Boston Dynamics is under internal pressure as leadership changes coincide with a push to scale humanoid robot production. Hyundai, which acquired a majority stake in 2021, is reportedly demanding the company ramp manufacturing to tens of thousands of units in the coming years. The shift follows a high-profile reveal at CES, where Boston Dynamics presented […]
