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Adidas Group acquires Runtastic fitness apps for $240 million
Adidas bought Runtastic, a fitness tracking app for €220 million (equivalent to $240M) from Axel Springer, the company's strategic partner in Germany.
Batman saves the day for Warner Bros: Q2 game revenue 135% higher
Thanks to Batman: Arkham City and Mortal Kombat X as game revenues for Warner Bros. goes up by 135% in the year's second quarter. These two video games provided huge returns for Warner Bros. Interactive Entertainment.
Greek stock market reopens to huge losses after five-week shutdown, hopes to recover with upcoming bailout
The first two days of Greek market activity saw nothing but bloody reds as the Athens Stock Exchange witness massive selloffs from foreign investors unrestricted by current capital controls that limit withdrawals from local banks to a measly €60.
Silicon Valley Bus Drivers Woes: Apple is amenable to offer better working conditions
Apple is working out with multiple bus contractors to offer drivers better working conditions- primarily a pay hike of 25% for bus drivers, premium pay for coach and shuttle drivers who work split shifts, and improvement in driver's lounging facilities.