UAE-based Redwood has acquired a majority stake in the game streaming platform Loco as the Indian firm looks to expand focus to international markets, TechCrunch has learned and confirmed. Redwood, a newly-formed investment firm, has signed a $ 65 million deal with Loco, an investment that also gives full exit to all existing Loco backers. […]
EQT takes a majority stake in cybersecurity firm Acronis at a $3.5B+ valuation
Cybersecurity remains a white-hot space for investors, and in the latest deal, EQT is taking a majority stake in Acronis, a security company that specializes in data protection, cloud and integrated security solutions for managed service providers (who in turn resell services to consumers) and corporate IT teams. Financial terms of the deal — including […]
Rediff, once a pioneer of internet services in India, sells majority stake for $3M
Payments infrastructure firm Infibeam Avenues has acquired a majority 54% stake in Rediff.com for up to $ 3 million, a dramatic twist of fate for the 28-year-old business that was the first Indian internet firm to list on NASDAQ back in the year 2000. Founded in 1996, Rediff rode the initial dot-com wave to become […]
FTC study finds ‘dark patterns’ used by a majority of subscription apps and websites
The U.S. Federal Trade Commission (FTC), along with two other international consumer protection networks, announced on Thursday the results of a study into the use of “dark patterns” — or manipulative design techniques — that can put users’ privacy at risk or push them to buy products or services or take other actions they otherwise […]
Nate Diaz vs. Jorge Masvidal results: Diaz avenges UFC defeat with majority decision win over 'Gamebred'
Nate Diaz avenged his 2019 UFC defeat to Jorge Masvidal with a majority decision victory (95-95, 97-93, 98-92) after an entertaining 10 rounds in Anaheim on Saturday. The Californian southpaw did enough to get the nod on two judges’ cards on the back of his trademark high workrate and durability. Masvidal sprung a minor surprise […]