Private equity firm Joffre Capital has agreed to acquire a majority stake in gaming company Playtika at $21 a per share from a Chinese investment group, Axios has learned.
Why it matters: It's nearly a 46% premium to where Playtika stock ended trading on Monday.
Robinhood Markets' stock jumped 14% Monday on a Bloomberg report that crypto exchange FTX is considering an acquisition offer for the stock and crypto-trading app.
What to know: FTX founder and CEO Sam Bankman-Fried tells Axios that "there are no active conversations with Robinhood," although that statement obviously doesn't preclude FTX from beginning talks at any moment.
Google has asked the Federal Election Commission to green light a program that could keep campaign emails from ending up in spam folders, according to a filing obtained by Axios.
Why it matters: Google has come under fire that its algorithms unfairly target conservative content across its services, and that its Gmail service filters more Republican fundraising and campaign emails to spam.
Legendary video game company Atari turns 50 today, five decades after it was incorporated by co-founders Nolan Bushnell and Ted Dabney in Sunnyvale, California.
Why it matters: Atari popularized video games as we know them, first in public, then in the home.
In offering to pay for workers who need to travel out of state to get an abortion, tech companies are only tackling the first of many challenges they will have to navigate in a post-Roe world.
Why it matters: Tech companies have plenty of money to cover the costs of such travel, but will face much tougher decisions when it comes to expansion, locating conferences, which politicians to support as well as how to handle court orders for customer data by prosecutors.
A privacy group launched a campaign Monday aiming to show the human toll that cyberattacks have taken on activists, businesses and institutions.
Why it matters: Scams have been taking a huge financial and operational toll on institutions around the world, but they are often downplayed, limiting public awareness.