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Games & Commerce

GameStop pursues $55.5 billion bid for eBay

Video game retailer GameStop has made a private $55.5 billion takeover offer for e-commerce company eBay, the BBC and other foreign media reported on May 4. GameStop offered $125 per eBay share, $20 above Friday’s New York close, and plans to pay in a mix of cash and stock. The BBC said GameStop secured a $20 billion debt financing commitment from TD Securities. CEO Ryan Cohen said he would appeal directly to shareholders if eBay’s board rejects the proposal.

Telecommunications & Media

Three tests facing next Apple CEO John Ternus: AI, lawsuits, geopolitics

Apple will replace Tim Cook as CEO on Sept. 1, appointing Senior Vice President of Hardware Engineering John Ternus. Cook will become chairman. The shift marks Apple’s second leadership change since Steve Jobs. The company faces pressure to reset its AI strategy, legal challenges over the App Store and antitrust cases, and ongoing geopolitical risks tied to supply-chain dependence on China. Analysts also point to opportunities in AI-focused devices and new hardware.

Telecommunications & Media

Memory price surge makes \'RAMgeddon\' real as firms ditch PC refreshes and hang on

A sharp rise in memory prices is disrupting corporate IT strategies for replacing PCs, pushing firms away from wholesale refreshes every 3 to 5 years toward selective replacements based on actual usage data. TechRadar reported RAM now accounts for about 35 percent of PC manufacturing costs, lifting replacement quotes and increasing price volatility. Firms are extending device lifespans, trimming upgrades, reviewing AI PC rollouts and exploring VDI and DaaS to reduce hardware needs.