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The Latest Breaking News from Fortress

After almost 18 years, Team Fortress 2 just had its toughest tournament ever, and there could be more to come

This Denver competition was one of the best showcases I've ever seen for the long-lived FPS.

PC Gamer

Intel scores key jury ruling in $3 billion patent duel with VLSI — ruling threatens prior patent verdicts

Intel secures a jury verdict confirming that Fortress Investment Group controls VLSI Technology, a decision that may overturn more than $3 billion in patent infringement awards from Intel to VLSI.

Tom’s Hardware

Is SoFi Stock Ready for a Major Comeback?

As SoFi continues to scale, improve profitability, and attract institutional partnerships, its stock may soon begin to reflect the strength of its underlying business.

Barchart

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read the most diverse news in one place.

Superman trailer #2 breakdown: 7 big details and Easter eggs you definitely missed

From Kryptonite bullets to DC comic creator tributes, Superman's latest trailer is full of missable moments.

TechRadar

Fortress ups takeover bid for hospitality chain Loungers to £354m

Fortress Investment Group said it has now made a 325p-per-share offer to buy the group after pushback from investors.

The Independent UK

Everything To Do At The Australian Open This Tennis Season That Doesn’t Include Watching Matches

Here's how to spend a day at this years 2025 Austarlian Open if you're looking to stretch your legs between the games.

Pedestrian.tv

Loungers strikes deal to be bought by US investment firm for £338m

Fortress Investment Group said it has made an offer for the UK hospitality group through a newly-formed investment vehicle.

Evening Standard

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Cosy Club owner Loungers strikes deal to be bought by US investment firm

The company currently operates 262 sites in England and Wales

The Independent UK

Loungers snapped up by US private equity firm in £338 million takeover

Loungers directors said their shares were undervalued and illiquid and they have been looking for a buyer for some months

Evening Standard

Curzon Cinemas has been sold for a ‘bargain’ £3.9m – is this good news for UK filmgoers?

The British arthouse cinema chain has changed hands. Its new American owners would be wise to ignore industry gloom and invest in discerning movie audiences

The Guardian - UK

Curzon cinema chain snapped up by US owners of Majestic Wine

Curzon was founded in 1934 when the Curzon Mayfair opened and was one of the first companies to introduce international film and foreign language films to UK audiences

Evening Standard

US private equity firm buys arthouse cinema chain Curzon

The deal will secure the future of Curzon’s 16 sites, its film distribution company and online streaming service, and more than 350 jobs.

Evening Standard

UK arthouse cinema chain snapped up by private equity giant behind Poundstretcher

350 jobs have been secured in the deal

The Independent UK

Curzon cinema chain acquired by Poundstretcher owner Fortress

US private equity group buys company’s 16 UK cinemas, distribution arm and online streaming service

The Guardian - UK

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The Independent UK

Red Lobster says it will soon exit bankruptcy protection after judge approves seafood chain's sale

After months of dozens of restaurant closings and headlines about “endless shrimp” woes, Red Lobster is poised to soon exit from Chapter 11 bankruptcy protection

The Guardian - UK

Three corkers from Majestic’s own-label range

Hats off to Majestic, they are about the last bricks-and-mortar off-licence chain standing

Top News

Sega Sammy Sells Seagaia Resort Complex To Fortress Investment Group

Sega Sammy sells Seagaia resort to Fortress Investment Group, refocusing on video game industry strengths. Strategic move in the entertainment sector.

Barchart

52-Week Highs and Lows: Buy These 3 Stocks From Wednesday’s Good News/Bad News Kind of Day

The NYSE and Nasdaq had 75 52-week highs and 109 52-week lows. The good news is that the NYSE had more highs than lows on Wednesday, while the Nasdaq did not.

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news in one place.

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The Guardian - UK

Poundstretcher sold to Majestic Wine owner Fortress

US investment firm snaps up UK discount retail chain ‘with huge potential’ for undisclosed sum

Fortune

Swan raises $40 million to build out institutional offerings such as Bitcoin-backed lending

The company led by Cory Klippsten has quietly become one of the largest in crypto through its Bitcoin-only approach.

AnandTech

Intel Wins Appeal on VLSI Case, $2.18B Judgement Reversed

A U.S. appeals court on Monday overturned a 2021 patent infringement ruling against Intel that awarded patent holding company VLSI $2.18 billion over multiple patent violations. In a two-part decision, the court reversed a previous verdict that found that Intel violated a frequency management patent, while affirming the violation of…

Fortune

Fortress CEO Scott Purcell steps down after crypto custodian’s sale to Ripple falls through

The crypto custodian was the victim of a multimillion-dollar hacking incident in September.

Zenger

Ripple Withdraws From Fortress Deal, Gains Spot On NBG List

CEO Brad Garlinghouse announces significant developments for Ripple, including the withdrawal from Fortress acquisition and inclusion in NBG's exclusive list.

Fortune

Fortress CEO says hackers stole up to $15 million, mostly in Bitcoin, prior to Ripple acquisition

The crypto custodian had previously not disclosed the extent of the hack.

Fortune

Ripple's deal for Fortress included a bailout for customers who had been hacked

A crypto custody firm called Fortress getting hacked shows yet again how unserious the industry is about cybersecurity.

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