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GameStop confirms $513 million bitcoin purchase as crypto investment strategy unfolds

GameStop, the U.S. video game and electronics retailer, has officially confirmed its first major cryptocurrency investment. The company announced via its official X account on May 28 that it had acquired 4,710 Bitcoin (BTC), valued at approximately $513 million at the time of purchase. This marks GameStop’s first publicly disclosed Bitcoin investment since revealing plans […]

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Instacart names its current Chief Business Officer Chris Rogers as next CEO

Chris Rogers, Instacart’s current chief business officer, will be tasked as the new CEO with growing orders during economic turbulence. Source link

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Mag Group and China’s Citic to develop $6bn Keturah Ardh luxury project in Dubai

The UAE’s Mag group and Chinese conglomerate Citic have signed an initial agreement to develop a $6 billion luxury real estate project in Dubai, amid continued property and construction boom in the emirate. Keturah Ardh will span 18.47 million square feet in Dubai’s Al Rowaiyah First District, with completion timelines of the phased project between […]

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Sabrina Carpenter eyed for Mamma Mia 3 role as franchise plans film, Broadway return & potential TV series

Pop sensation and actress Sabrina Carpenter is being considered for a role in the upcoming third installment of the Mamma Mia! film franchise, according to producer Judy Craymer in an exclusive interview with Deadline’s Baz Bamigboye. While Craymer declined to confirm specific casting, she hinted Carpenter could portray a “goddess or some relation who would […]

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Why every start up founder should go to therapy

Opinions expressed by Entrepreneur contributors are their own. You’re reading Entrepreneur United Kingdom, an international franchise of Entrepreneur Media. My first company had gone well, seeing us design, manufacture and ship DSLR camera straps and mounts to customers in more than 50 countries within a year of launch. I expected things to run as smoothly […]

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EXCLUSIVE: Dubai real estate giant Sobha Realty eyes 3 Texas cities for major U.S. expansion

Dubai-headquartered luxury property developer Sobha Realty has revealed more of its plans to expand into the United States market, with Texas cities forming the “cornerstone” of its international growth strategy. The company, which has operated in the UAE since 2013, will focus on Dallas, Houston, and Austin for its U.S. debut. In an exclusive interview […]

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Arne Slot wants €100m-rated Eintracht Frankfurt striker

Liverpool FC have identified Eintracht Frankfurt’s Hugo Ekitike as a potential attacking reinforcement, following earlier links to Florian Wirtz. The Reds are reportedly in early contact with the 22-year-old French striker as part of their summer recruitment strategy. Sky Sport’s Florian Plettenberg reports that manager Arne Slot and managing director Michael Edwards have initiated exploratory […]

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Macy’s (M) Q1 2025 earnings

Macy’s cut its full-year profit guidance on Wednesday even as it beat Wall Street’s quarterly earnings expectations. In a news release, the department store operator said it reduced its earnings outlook because of higher tariffs, more promotions and “some moderation” in discretionary spending. Macy’s stuck by its full-year sales forecast, however.  For fiscal 2025, Macy’s […]

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Dubai Ruler’s $584 Million REIT IPO Surges In Debut

Dubai Holding’s $584 million residential real estate investment trust surged in its trading debut, as the city’s property market boom continues to lure investors. Source link

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