Dan Primack / Axios:
FanDuel founders and other early shareholders sue KKR and Shamrock Capital over the 2018 Paddy Power Betfair merger that wiped out the value of their holdings — – The case has gone through several travails, including being dismissed and having that dismissal successfully appealed.
Walmart and its drone delivery partner DroneUp are ending drone delivery in Phoenix, Salt Lake City, and Tampa to focus on the Dallas-Fort Worth area (Joann Muller/Axios)
Joann Muller / Axios:
Walmart and its drone delivery partner DroneUp are ending drone delivery in Phoenix, Salt Lake City, and Tampa to focus on the Dallas-Fort Worth area — – The three cities were part of a splashy rollout in 2022 that was described as the first large-scale drone delivery operation in the U.S.
Caresyntax, which is building AI-powered surgical data analysis tools, raised a $180M Series C extension consisting of $80M in equity and $100M in debt (Kai Nicol-Schwarz/Sifted)
Kai Nicol-Schwarz / Sifted:
Caresyntax, which is building AI-powered surgical data analysis tools, raised a $180M Series C extension consisting of $80M in equity and $100M in debt — More than a dozen investors were involved in the equity and debt round for Berlin-based Caresyntax — Berlin-based Caresyntax …
The European Commission asks Meta for information about its Content Library tool and API under the DSA, following Meta’s decision to deprecate CrowdTangle (Natasha Lomas/TechCrunch)
Natasha Lomas / TechCrunch:
The European Commission asks Meta for information about its Content Library tool and API under the DSA, following Meta’s decision to deprecate CrowdTangle — The Commission is seeking more information from Meta following its decision to deprecate its CrowdTangle transparency tool.
Epic says its games are available on AltStore for iOS in the EU and plans to bring them to Aptoide’s iOS store in the EU and ONE Store on Android (Jay Peters/The Verge)
Jay Peters / The Verge:
Epic says its games are available on AltStore for iOS in the EU and plans to bring them to Aptoide’s iOS store in the EU and ONE Store on Android — Fortnite is finally back on iOS, just over four years after Apple booted it from the iOS App Store — but it’s only available in the EU.
Epic confirms that the Epic Games Store is available to download on Android devices worldwide, in addition to iPhones in the EU (Taylor Lyles/IGN)
Taylor Lyles / IGN:
Epic confirms that the Epic Games Store is available to download on Android devices worldwide, in addition to iPhones in the EU — Worldwide launch on Android, while only EU iPhone users can access it. — We already knew Epic Games plans to release its digital storefront on mobile devices via …
Epic launches a rival app store for iOS in the EU, offering its games, including Fortnite, and plans to start onboarding third-party devs’ games from December (Morgan Meaker/Wired)
Morgan Meaker / Wired:
Epic launches a rival app store for iOS in the EU, offering its games, including Fortnite, and plans to start onboarding third-party devs’ games from December — The Epic Games Store gives iPhone users in the EU an alternative to Apple’s App Store for the first time.
EQT agrees to buy PropertyGuru, which runs real estate rental and sale listing sites in SE Asia, for $1.1B in cash; the deal is expected to close by early 2025 (Will Davies/Bloomberg)
Will Davies / Bloomberg:
EQT agrees to buy PropertyGuru, which runs real estate rental and sale listing sites in SE Asia, for $1.1B in cash; the deal is expected to close by early 2025 — – Transaction expected to close in fourth quarter or early 2025 — EQT AB agreed to buy New York-listed PropertyGuru Group Ltd …
Revolut secures a $45B valuation, up from $33B during a 2021 fundraising, in a share sale by employees; the sale was led by Coatue and D1 Capital Partners (Akila Quinio/Financial Times)
Akila Quinio / Financial Times:
Revolut secures a $45B valuation, up from $33B during a 2021 fundraising, in a share sale by employees; the sale was led by Coatue and D1 Capital Partners — UK fintech defies broader downturn across the sector — Revolut has secured a $45bn valuation in a share sale by employees …
The Biden administration approves $1.6B in Chips Act grants and $3B in loans for Texas Instruments, to support its one chip factory in Utah and two in Texas (Mackenzie Hawkins/Bloomberg)
Mackenzie Hawkins / Bloomberg:
The Biden administration approves $1.6B in Chips Act grants and $3B in loans for Texas Instruments, to support its one chip factory in Utah and two in Texas — – Funding will support $18 billion in spending in Texas, Utah — Biden administration almost finished allocating chips grants