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Featured Stories:
GoPro to be acquired for $285M, will remain a public company
GoPro is being acquired by Starman Optical for $285 million, merging with a 10% stake retained by shareholders. The deal, closing by year-end, eliminates GoPro’s $92M debt and aims to expand into consumer, commercial, and defense markets. Starman Optical, a newly formed company, lacks a strong track record but plans to invest in U.S.-based manufacturing. GoP...
Apple Maps follows Google in renaming Lake Ontario
Apple and Google have renamed Lake Ontario to Lake America in their navigation apps following a U.S. executive order amid trade tensions with Canada. Apple Maps initially delayed the change, while Google updated its maps sooner. Both companies also renamed the Gulf of Mexico to the Gulf of America. MapQuest, which refused the changes, saw a boost in populari...