Italy

Playtech Shares Jump 19% on Flutter Interest in Italian Unit

Playtech Shares Jump 19% on Flutter Interest in Italian Unit

Playtech Plc’s shares jumped the most in almost three years after the European gaming company confirmed reports it was in exclusive talks with Flutter Entertainment Plc on the potential sale of its Italian unit, Snaitech, for about £2 billion ($2.6 billion).The London-listed company confirmed the discussions in a statement Wednesday, following a report by Sky News. Playtech said it had granted Flutter a period of exclusivity to complete due diligence and finalize transaction documentation. Source link lol
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Brookfield Is Considering Stake Sale in Data4’s Mature Assets

Brookfield Is Considering Stake Sale in Data4’s Mature Assets

Brookfield Infrastructure Partners is weighing a minority stake sale in some of the assets of French data center operator Data4, according to people with knowledge of the matter. Brookfield is working with Citigroup Inc. on seeking investors for Data4’s so-called stabilized assets, which refer to fully-constructed data centers with high and stable tenancy rates, the people said. The stabilized asset portfolio has a valuation of more than €3.5 billion ($3.8 billion), said one of the people, who asked not to be identified as the information is private. Initial bids are expected in September, they said. Source link lol
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Italy Makes Cybersecurity Demands in Talks on Chinese Auto Plant

Italy Makes Cybersecurity Demands in Talks on Chinese Auto Plant

Italy is demanding Dongfeng Motor Group Co. agree to safeguards on cybersecurity and data protection as the price of support for a new plant by the Chinese automaker, according to people familiar with the matter.As talks advance with Dongfeng, Prime Minister Giorgia Meloni’s government is requiring components such as infotainment units be provided by local suppliers for security reasons, the people said, asking not to be identified discussing confidential negotiations. Italian officials also want consumer data to be collected and managed within the country, they said. Source link lol
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This vacuum robot dog can find and suck up trash with its feet

This vacuum robot dog can find and suck up trash with its feet

Cigarette butts pose a huge risk to the world’s oceans and can be a pain to clean up by hand especially on public spaces like beaches. A group of Italian scientists have built a quadruped robot that can identify litter and pick up the smaller bits with its leg mounted vacuums.VERO, the vacuum equipped quadruped robot, is a four-legged device designed to look for and clean up litter on a variety of terrains. VERO was designed and built by a team of researchers from the Dynamic Legged Systems lab at the Italian Institute of Technology in Genoa, according to .The…
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French Power Export Curbs Could Boost Prices for Neighbors

French Power Export Curbs Could Boost Prices for Neighbors

French electricity grid limitations will constrain power exports from Monday for more than two months, threatening higher prices in neighboring countries. The curbs that run until October will impact exports to Belgium, Germany, Switzerland and Italy. Similar limitations this spring led to record spreads between France’s day-ahead power price and its neighbors. Source link lol
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