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Reuters reports that Playtech's breakup looks worth a flutter.

A roulette table at Japan Casino School in Tokyo, Japan has a spinning wheel. This picture was taken on August 4, 2018. LONDON, Feb 3 (Reuters Breakingviews) - Playtech’s (PTEC.L) hopes for a sale keep turning into busted flushes. The gambling technology firm’s investors on Wednesday rejected an offer from Aristocrat Leisure (ALL.AX), valuing it at 3.2 billion euros including debt. A mooted bid from former racer Eddie Jordan has also fallen apart. Happily, the group may be able to unlock value by splitting its Italian bookie operations from its technology division, which serves operators like Switzerland’s Casinò Lugano. Refinitiv analysts polled expect Playtech's sales to have grown by 11% in 2021. If both units grew at an equal clip, the Italian unit could have generated 142 million euros of EBITDA. That would value the Italian unit at 7.7 times EBITDA, which would net 1.1 billion euros. To rival Aristocrat's offer, the remaining software division would need to be worth...

Taiwan's export orders hit a record high in December, the government said on Thursday, but warned that global supply chains could be disrupted by the U.S.-China trade war. Taiwan's export orders hit a record high in December, the government said on Thursday. The government warned that global supply chains could be disrupted by the U.S.-China trade war.

The export orders of Dec increased by 12.1% y/y as compared to the 8% increase that was forecasted in the Reuters poll. The Ministry sees Jan orders between +11% and +13.8% y/y The Ministry says that the supply chain problems are easing, but they are still present. Taiwan's export orders grew faster than expected in December to a record high due to sustained technology demand, but the government warned of supply chain uncertainty that could affect the outlook. The government warned that the outlook could be affected by supply chain uncertainty. Taiwan's export orders, a bellwether of global technology demand, rose 12.1% from a year earlier to $67.9 billion last month, the highest monthly figure on record, data from the Ministry of Economic Affairs showed on Thursday. The ministry said strong demand for semiconductors, flat panels and other electronics goods drove the increase. The economy has been expanding for 22 straight months, with the pace much faster than the ...

SoftBank Group Corp. said it returned to profitability in the latest quarter, as the Japanese tech giant benefited from a rebound in its domestic telecom business and a weakening yen. SoftBank Group Corp. said it returned to profitability in the latest quarter, as the Japanese tech giant benefited from a rebound in its domestic telecom business and a weakening yen. The company's operating profit came in at ¥252.5 billion ($2.3 billion) for the three months ended in September, compared with a loss of ¥223.5 billion a year earlier.

Seven employees at a Starbucks in Memphis were fired on Tuesday after seeking to unionize their store. This is one of several dozen Starbucks stores where workers have filed for union elections since December. A Starbucks spokesman said the employees had violated company policies related to safety and security. The union seeking to organize the store accused Starbucks of retaliating against the workers for their labor activities. The firings relate at least in part to the interview that workers conducted at the store with a local media outlet. Reggie Borges, a company spokesman, said in an email that Starbucks fired the workers after an investigation revealed violations. He cited a photograph on Twitter showing that store employees had allowed media representatives inside the store to conduct interviews, in which some of the employees were not wearing masks. “That is a clear policy violation, not to mention the lack of masks,” Mr. Borges wrote. Among the violations, Mr. Borge...

Tobii has announced that it is in talks with Sony to provide eye tracking for the PlayStation VR2.

Despite providing some details at CES 2022, Sony might not have locked down PlayStation VR2 specifications. Tobii says it's in talks to provide eye tracking technology for the next-gen VR headset. The discussions are "ongoing" and the firm can't share the potential financial impact of the deal. The negotiations must be divulged to honor EU market regulations. We've asked Sony for comment. The company previously confirmed the PlayStation VR2 would use eye tracking, but didn't name a tech supplier or explain in detail how the feature would work. The headset will also use camera-based "inside-out" tracking to detect head and controller movement. The revelation suggests PlayStation VR2 might not arrive for a while. If Sony still hasn't chosen a provider for a key feature like eye tracking, a launch is still a long ways off. Not that this would be a complete surprise. Sony first teased PlayStation VR2 in early 2021, and warned there was "...

Video reviews will be used during the 2022 North and Central American soccer tourneys.

The Video Assistant Referee (VAR) is being used more and more in soccer, and it seems like it will be sticking around for a while. CONCACAF has revealed that they will be using the technology in many of their 2022 competitions, including all of the remaining qualifiers for the FIFA World Cup, the men's and women's U20 Championships, and the W Championship. The organization's decision to expand the use of VAR was prompted in part by success with the technology in 2021 competitions like the CONCACAF Champions League, Gold Cup and Nations League Finals. The Confederation said progress on VAR had been "considerably" delayed due to the COVID-19 pandemic, but now has enough VAR-qualified referees and venues to expand the technology's use. Despite receiving FIFA's approval for World Cup use in 2018, VAR still has its critics. Enthusiasts are concerned that the requests for video reviews can slow down matches, and that the use of centralized review hubs coul...

SoFi CEO says he owns bitcoin and ether. He warns that companies who don't take advantage of crypto will be 'left behind.'

SoFi CEO Anthony Noto at Los Angeles Memorial Coliseum on September 15, 2019 in Los Angeles, California. Brian Rothmuller/Icon Sportswire via Getty Images SoFi CEO Anthony Noto at Los Angeles Memorial Coliseum on September 15, 2019 in Los Angeles, California. Brian Rothmuller/Icon Sportswire via Getty Images Anthony Noto, CEO of SoFi, said that he and his family own some cryptocurrency. "We own bitcoin, we own ethereum, we own some of the more obscure and different cryptocurrencies," Noto told CNBC. "We're looking to invest in more." He also warned companies that don't recognize the benefits of blockchain technology may get "left behind." Subscribe to the TradingView newsletter to get the latest news and analysis on the markets, delivered to your inbox daily. Something is being loaded. Email addresses are used to send and receive messages. Email addresses are used to send and receive messages. They are also used to identify the send...

India plans to launch a digital rupee in the next year and plans to tax crypto-related income at 30%, according to the finance minister.

The finance minister said that the Indian government will roll out a digital currency over the coming year. India has previously suggested banning crypto, but now plans to regulate and tax it, the minister said. India has a large number of crypto investors, estimated to be between 15 and 20 million. Subscribe to the Trading View newsletter to get the latest news and analysis on the markets, delivered to your inbox daily. Something is loading. Email addresses are used to send and receive messages. Email addresses are used to send and receive messages. They are also used to identify the sender and recipient of a message. By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers. You also agree to our Terms of Service and Privacy Policy. Cryptocurrencies are gaining popularity in India, with the finance minister announcing plans for a digital currency on Tuesday, along with a framework to regulate and tax crypto assets. Fi...