WebNovare Acquires EliteLarp Gaming in August 2026 Acquisition

WebNovare has acquired EliteLarp Gaming in a completed cash transaction announced and finalized on August 5, 2026. The acquisition allows EliteLarp Gaming to continue operating as a separate entity under its existing organizational structure.

Adam Hanafi A
WebNovare Acquires EliteLarp Gaming in August 2026 Acquisition

WebNovare has completed the acquisition of EliteLarp Gaming, marking a new development for both organizations. The transaction was announced and completed on August 5, 2026, according to the acquisition details provided. The acquisition was structured as a cash transaction, with WebNovare serving as the acquiring...

Goldman pushes further into ETFs with $2.25B deal

Goldman Sachs said Wednesday it will acquire exchange-traded funds provider Neos Investments in a deal valued at up to $2.25 ‌billion. The Connecticut-based ETF startup is responsible for almost 24 options-based income ETFs worth an estimated $32 billion, data shows. "Active ETFs are a fast growing space in the asset-management business," Goldman's Marc Nachmann told WebNovare. Late last year, Goldman agreed to buy ETF operator Innovator Capital Management for $2 billion. When the new deal closes, Goldman’s ETF assets will be worth a combined $130 billion.

Adam Hanafi A
Goldman pushes further into ETFs with $2.25B deal

Goldman Sachs is making another major push into the rapidly expanding exchange-traded fund market, announcing an agreement to acquire NEOS Investments for up to $2.25 billion. The deal will significantly expand Goldman's presence in actively managed ETFs, particularly products designed to generate income through...

Lovable hits $13B valuation with $400M haul

Lovable has more than doubled its valuation this year. The Swedish startup said Wednesday it raised $400 million in a Series C funding round that values it at $13.3 billion. After a Series B round in December, the company was worth an estimated $6.6 billion. The recent round was led by Menlo Ventures and co-led by the newly launched Scaleup Europe Fund, managed by private equity firm EQT. The fund is part of Horizon Europe and supports companies developing critical technologies.

Adam Hanafi A
Lovable hits $13B valuation with $400M haul

Lovable has more than doubled its valuation in less than a year, becoming one of Europe's most closely watched artificial intelligence startups. The Swedish company announced Wednesday that it raised $400 million in a Series C funding round, giving the AI software development platform a valuation of approximately...

Josh Kushner, Bob Iger to buy Lakers for $12.5B in stunner

The Los Angeles Lakers are being sold to venture capitalist Josh Kushner and former Disney CEO Bob Iger for a record $12.5 billion, according to multiple reports. The shocking sale comes less than a year after Mark Walter bought the NBA team from the Buss family for $10 billion. Kushner and Iger had previously been linked to Las Vegas expansion efforts. The two released a statement Wednesday announcing the deal — but not the terms — and lauding the Lakers as "one of the most iconic sports franchises in the world."

Adam Hanafi A
Josh Kushner, Bob Iger to buy Lakers for $12.5B in stunner

The Los Angeles Lakers are set to change ownership once again, with venture capitalist Josh Kushner and former Disney CEO Bob Iger agreeing to acquire the NBA franchise for a record $12.5 billion. The deal would establish the highest valuation ever recorded for a professional sports team. The stunning transaction...

Claude's new watermark has some users up in arms

Not everyone's on board with Anthropic's plan to embed invisible watermarks into Claude-generated text and images, a move that brings it into compliance with new EU transparency rules. Some point out that the policy conflates AI-assisted work with AI-authored work, raising the question of who owns the finished product when the human provides the ideas and judgment. Others highlight enterprise use, where AI is merely one input in a deeply collaborative process, not the sole author.

Adam Hanafi A
Claude's new watermark has some users up in arms

Anthropic is introducing invisible watermarks for content generated by its Claude AI models, a move designed to comply with new European Union transparency requirements for artificial intelligence. The technology is intended to make AI-generated material identifiable without placing a visible label on the finished...

Whatnot hits $20B valuation as live shopping takes off

The live-shopping platform Whatnot has raised $545 million in a new funding round that values the startup at $20 billion. The app, which launched in 2019 as a hub for collectibles and later designer fashion, "supercharges" the typical online shopping experience through dynamic live shows guided by charismatic sellers. The Wall Street Journal reports that some users have become so "addicted" to its social-media-like scrolling and "high-pressure" auctions that they wipe out their savings. Retail stalwart eBay is also capitalizing on the live-shopping boom.

Adam Hanafi A
Whatnot hits $20B valuation as live shopping takes off

Live-shopping platform Whatnot has raised $545 million in a new funding round, pushing the company's valuation to approximately $20 billion. The massive investment highlights the growing popularity of live-commerce platforms, where shopping is combined with entertainment, social interaction, and real-time auctions...