RSSArchive for March, 2016

Foxconn to buy 66% stake in Sharp for $3.5B

Foxconn has reached an agreement to pay $3.5 billion to buy a majority 66% stake in Sharp — a stake that could climb to 72% after June 2017. Foxconn was especially interested in the Japan-based company as a display-maker for Apple iPhones, and the funds will help Sharp ramp up organic light emitting diode display […]

Interior Design Startup Havenly Raises $5.8 million

Online interior design platform Havenly has raised $5.8 million, bringing its total Series A round of funding to $13.3 million. The round was led by Binary Capital with participation from Foundry Group and Chicago Ventures. Havenly plans to use the funding for growing the staff by 25%, further develop the technical operations on the back-end […]

Bill to Legalize and Regulate Professional MMA Passes 113-25

UFC Chairman and CEO Lorenzo Fertitta applauded the overwhelming, bipartisan New York State Assembly passage of legislation to legalize and regulate professional mixed martial arts (MMA) in New York. The passage of A.2604-C, sponsored by Joseph Morelle and 72 other Assembly sponsors, means the bill has now passed both houses and will be sent to […]

Nike Just Made Back to The Future’s Self-Lacing Shoes a Reality

The Nike Mag is coming. A reality version of it, at least. It’s called the Nike HyperAdapt 1.0 The elusive shoe, from the fictional film Back to the Future II, has been something fans have begged Nike to create. Arguably a white whale of shoe enthusiasts, the shoe, power laces and all, had yet to […]

Ronda Rousey is Biting Apples

BREAKING: @RondaRousey is "Back biting apples again!" — UNINTERRUPTED (@uninterrupted) March 14, 2016 Ronda Rousey is showing off how much she’s recovered since suffering a knockout loss to Holly Holm last November, and it involves biting an apple. Rousey actually referenced that activity when talking for the first time after suffering the brutal head kick […]

Sony to Buy Out Michael Jackson Estate’s Half of Sony/ATV

The Sony Corporation has agreed to buy out the Michael Jackson estate’s 50 percent interest in Sony/ ATV Music Publishing, giving it complete control of the company. According to a March 14 announcement, Sony has signed a memorandum of understanding to pay the Jackson estate $750 million for the 50% interest it has in the […]

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