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Final Fantasy Maker Square Enix Denies Rumors That It's Going Private
Square Enix has officially denied recent rumors suggesting the company is considering going private. The statement addresses speculation circulating within the industry.
Square Enix denies it's going private following Japanese reports to the contrary
Square Enix has officially denied reports from Japanese magazine Sentaku suggesting the company is exploring going private. The publisher stated that no such consideration is currently being given. Speculation was fueled by major shareholder 3D Investment Partners' previous criticism of management and recent company restructuring, including layoffs and studio sales.
American Bitcoin’s 8,002 BTC Stack Comes With Strings Attached: 3,090 Coins Pledged to Bitmain
American Bitcoin holds 8,002 BTC, but 3,090 coins are pledged to Bitmain under miner-purchase agreements, representing a $371.687 million liability. While the company mined 932 BTC in Q2, its operations consumed $63.795 million in cash, with equity financing playing a central role in liquidity. Despite a GAAP net loss of $57.151 million, much of it is non-cash accounting, with operating cash used at $63.795 million.
Microsoft filing shows how it shifts profits around to reduce its European tax bill
A recent Microsoft compliance report reveals the company's strategies for shifting profits across European nations to minimize its tax obligations. This filing details how the tech giant manages its international financial operations to reduce its overall tax burden.
GameStop (GME) approves $2 billion share buyback program through 2029
GameStop's board of directors has unanimously approved a discretionary share repurchase program. The company plans to buy back up to $2 billion in stock through 2029.
GameStop (GME) board of directors asks shareholders to vote in favor of up to 400% share dilution
GameStop's board of directors is requesting shareholders to vote in favor of a significant increase in the company's shares, potentially up to a 400% dilution. This proposal aims to allow for greater flexibility in future corporate actions.
Apple (AAPL) adds $100 billion to its share buyback program
Apple announced an expansion of its share buyback program, adding $100 billion to its existing repurchase efforts. The company continues to focus on repurchasing its own stock shares.
NVIDIA (NVDA) Chief Accounting Officer Donald Robertson to retire May 4
NVIDIA announced that Chief Accounting Officer Donald Robertson will retire on May 4. Scott Gawel will succeed Robertson, transitioning from his role at Intel to join NVIDIA.