Category: Deal

SAP acquires LeanIX to focus on AI-assisted IT modernization

A long-standing partner of SAP, LeanIX gives enterprises a common language and single source of truth for their entire IT landscape.

UBS Considers Acquiring Credit Suisse, Requests Government Backstop in Deal

After Credit Suisse Group AG announced it would borrow 50 billion Swiss francs from the Swiss National Bank, UBS Group AG is reportedly considering acquiring the banking giant. However, UBS…

Bankruptcy Court Terminates FTX Naming-Rights Agreement for Miami Heat Arena

A federal bankruptcy court in the U.S. has ended the FTX naming-rights agreement for Miami Heat’s basketball stadium. The sports venue was branded FTX Arena as part of a multi-year,…

Crypto Exchange Upbit Logo to Appear on Italian Soccer Club Napoli’s Jerseys

Shirts worn by the players of the Italian soccer team Napoli will display the logo of cryptocurrency exchange Upbit. The arrangement is part of a sponsorship deal with Dunamu, the…

Report: FTX Execs Offered Taylor Swift $100M to Endorse the Exchange, Source Says Singer Never Considered the Deal

According to a report, the American singer-songwriter Taylor Swift was allegedly courted by FTX to promote the exchange. Sources say the deal was worth more than $100 million and it…