latest news in companies

Blackstone Makes Inaugural Sports Investment with $1.78 Billion Acquisition of Royal Challengers Bengaluru

Blackstone Makes Inaugural Sports Investment with $1.78 Billion Acquisition of Royal Challengers Bengaluru

Bengaluru, Wednesday, 25 March 2026.
Marking its first professional sports investment, Blackstone led a consortium to buy defending cricket champions Royal Challengers Bengaluru for $1.78 billion, underscoring skyrocketing international franchise valuations.

Stephen Colbert Tapped to Co-Write Next 'Lord of the Rings' Film

Stephen Colbert Tapped to Co-Write Next 'Lord of the Rings' Film

Burbank, Wednesday, 25 March 2026.
Departing late-night host Stephen Colbert will co-write the next Lord of the Rings film, adapting previously unused Tolkien chapters to uncover secrets fourteen years after Frodo’s departure.

SpaceX Prepares to File for Historic $75 Billion Public Offering

SpaceX Prepares to File for Historic $75 Billion Public Offering

Hawthorne, Wednesday, 25 March 2026.
SpaceX is preparing to file a historic public offering this week. Seeking a record $75 billion, the landmark listing may allocate an unusually high 20% to everyday investors.

Intuitive Machines Secures $180 Million NASA Contract for Lunar South Pole Mission

Intuitive Machines Secures $180 Million NASA Contract for Lunar South Pole Mission

Houston, Tuesday, 24 March 2026.
Intuitive Machines won a $180.4 million NASA contract to deliver international rovers to the lunar south pole, debuting a new cargo-class lander and driving shares up nearly 14%.

Epic Games Cuts Over 1,000 Jobs to Combat Declining Fortnite Revenues

Epic Games Cuts Over 1,000 Jobs to Combat Declining Fortnite Revenues

Cary, Tuesday, 24 March 2026.
To offset financial losses from declining player engagement, Epic Games is cutting over 1,000 jobs and retiring experimental Fortnite modes, signaling broader economic pressures across the gaming industry.

Circle Shares Slide as Looming US Yield Restrictions Overshadow European Expansion Push

Circle Shares Slide as Looming US Yield Restrictions Overshadow European Expansion Push

New York, Tuesday, 24 March 2026.
Circle’s stock plunged today despite its push for European regulatory clarity. Investors are instead reacting to looming US legislation that threatens to ban lucrative stablecoin yield offerings entirely.

New York Stock Exchange Prepares to Offer 24/7 Trading for Traditional Stocks

New York Stock Exchange Prepares to Offer 24/7 Trading for Traditional Stocks

New York, Tuesday, 24 March 2026.
Partnering with Securitize, the New York Stock Exchange will convert traditional shares into digital tokens, introducing revolutionary round-the-clock trading and faster settlements to global financial markets.

Continental Resources Secures 15-Year Naming Rights for Future Oklahoma City Arena

Continental Resources Secures 15-Year Naming Rights for Future Oklahoma City Arena

Oklahoma City, Tuesday, 24 March 2026.
Oklahoma City’s reigning NBA champions secured a 15-year naming rights deal with local energy firm Continental Resources, officially dubbing their future 2028 home the Continental Coliseum.

Orogen Royalties Achieves Record $13.1 Million Revenue in 2025

Orogen Royalties Achieves Record $13.1 Million Revenue in 2025

Vancouver, Tuesday, 24 March 2026.
Orogen Royalties closed 2025 completely debt-free with a record $13.1 million in revenue, driven by an impressive 114% surge in its prospect generation business.

Steep Price Cut Drives 2019 Call of Duty to Outperform Latest Franchise Releases

Steep Price Cut Drives 2019 Call of Duty to Outperform Latest Franchise Releases

Santa Monica, Tuesday, 24 March 2026.
A 90 percent discount propelled 2019’s Call of Duty past newer releases on Steam, illustrating how aggressive legacy pricing can inadvertently cannibalize player engagement in current premium titles.