TRON Cryptocurrency Founder Buys BitTorrent, µTorrent for $140 Million

BitTorrent, the company which owns the popular file-sharing client uTorrent, has quietly been sold for $140 million in cash to Justin Sun, the founder of blockchain-focused startup TRON. TRON is a decentralized entertainment and content-sharing platform that uses blockchain and distributed storag...

Japan's Softbank buys semiconductor giant ARM for $32 Billion in Cash

Japanese telecommunication giant SoftBank has confirmed that the company intends to acquire UK chip designer ARM Holdings for almost $32 Billion £24.3 Billion in an all-cash deal. ARM has also agreed to this offer from SoftBank and said that its board would recommend the all-cash deal to...