Eels' salary-cap drama could help end pain

«The proposed price for Unity appears well below its intrinsic value, and we would expect Unity to reject it for that reason,» wrote Michael Pachter, analyst at Wedbush Securities. «We think interference with the ironSource acquisition is problematic, and will cause Unity´s board to tread very carefully before agreeing to a sale outright.»

Lyon could have added a second goal in the first half but Toulouse goalkeeper Maxime Dupe denied Karl Toko Ekambi in the 12th, saved Lacazette´s chip in the 23rd, and pushed Corentin Tolisso´s header behind in the 41st.

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And just when things looked on the up for 2016, the Eels were struck down by allegations of salary-cap rorting that eventually led to the stripping of 12 points and a complete restructure of their administration.

Aug 9 (Reuters) — Gaming software company AppLovin Corp made an offer on Tuesday to buy its peer Unity Software Inc in a $17.54 billion all-stock deal, threatening to derail Unity’s announced plan to acquire AppLovin’s smaller competitor ironSource.

Shares of ironSource were down 11.21%. ironSource could receive $150 million in termination fee if Unity decides to walk away, according to the merger agreement. (Reporting by Eva Mathews and Nivedita Balu in Bengaluru, Krystal Hu in New York; Editing by Saumyadeb Chakrabarty, Mike Harrison and David Gregorio)

Oct 6 (Reuters) — Chipmaker Advanced Micro Devices Inc on Thursday provided third-quarter revenue estimates that were about a billion dollars less than previously forecast, http://Wal-land.Cn/ signaling the chip slump could be much worse than expected.

Runaway inflation and the reopening of offices and schools have led people to spend less on PCs than they did during lockdowns when many bought computers for work and school as they stayed home during the pandemic.

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«I think AMD is showing that nobody is safe from the post-pandemic PC downturn, and those inventory corrections are also impacting the company,» said Anshel Sag, chip analyst at Moor Insights & Strategy.

Last week memory chip maker Micron Technology warned of tougher times and said it was cutting its capex investments in fiscal 2023 by over 30% to a total of $8 billion. Nvidia Corp and Intel Corp both delivered much worse than expected earnings in their latest reports.

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