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Barbie Maker Mattel To Buy NetEase’s Stake In Gaming Venture For $159 Million As MAT Stock Falls On Tepid Results

Barbie Maker Mattel To Buy NetEase’s Stake In Gaming Venture For $159 Million As MAT Stock Falls On Tepid Results

by Eva Mathew | Feb 11, 2026 | General

Mattel Inc. (NASDAQ:MAT) agreed to buy NetEase Inc.’s (NASDAQ:NTES) 50% stake in its joint venture Mattel163 for $159 million on Tuesday, as the toymaker doubles down on digital growth and in-house game publishing. The El Segundo, California-based company said it...

Pavel Durov Vows Telegram Will Defend Privacy And Freedom As Russia Imposes Fines, Restrictions: ‘Iran Tried The Same Strategy…’

by Ananya Gairola | Feb 11, 2026 | General

On Tuesday, Telegram founder Pavel Durov hit back at Russian authorities as Moscow tightens its grip on foreign apps. Russia Clamps Down On Telegram Over Privacy Russia’s communications watchdog, Roskomnadzor, announced that it will impose further restrictions...
Trump Administration Seeks To Bypass Judges In Federal Employee Terminations — ‘Free Reign,’ Says Union

Trump Administration Seeks To Bypass Judges In Federal Employee Terminations — ‘Free Reign,’ Says Union

by Snigdha Gairola | Feb 11, 2026 | General

On Monday, the President Donald Trump administration proposed a rule that would remove independent oversight for federal employees facing layoffs, shifting review authority to the Office of Personnel Management (OPM). MSPB Appeals Eliminated For Federal Layoffs Under...

Warner Bros Discovery Deal Drama Deepens: Activist Investor Ancora Plans To Oppose Netflix Offer As Paramount Sweetens Bid

by Eva Mathew | Feb 11, 2026 | General

Activist investor Ancora Holdings has reportedly taken a $200 million stake in Warner Bros Discovery (NASDAQ:WBD) and intends to oppose the HBO owner’s agreed $82.7 billion sale to Netflix (NASDAQ:NFLX), arguing that WBD’s board has not given adequate consideration to...
Top Wall Street Forecasters Revamp Unity Software Expectations Ahead Of Q4 Earnings

Top Wall Street Forecasters Revamp Unity Software Expectations Ahead Of Q4 Earnings

by Avi Kapoor | Feb 11, 2026 | General

Unity Software Inc. (NYSE:U) will release earnings for its fourth quarter before the opening bell on Wednesday, Feb. 11. Analysts expect the San Francisco, California-based company to report quarterly loss of 21 cents per share, versus a year-ago loss of 30 cents per...
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