Twitter partners with eToro to let users trade stocks, crypto as Musk pushes app into Finance

velvetsea eToro, Velvet Sea Ventures

A few key points: Starting Thursday, Twitter will give users the option to buy and sell stocks and other assets from eToro, the company told CNBC exclusively. The partnership marks a rare deal for Twitter since Elon Musk took the reins as CEO after buying the platform for $44 billion last year. Musk has made it his mission to turn Twitter into a so-called “super app” that offers users financial …

Saudi’s Savvy Games Group to acquire mobile games company Scopely for $4.9 billion

velvetsea Scopely, Velvet Sea Ventures

Savvy Games Group, a games and esports company that is part of the Saudi government’s Public Investment Fund, has agreed to acquire mobile games studio Scopely for $4.9 billion. Founded in 2011, Scopely is known for several popular mobile games including Yahtzee With Buddies, Star Trek Fleet Command, Marvel Strike Force, Stumble Guys and Scrabble Go. Read more here.

Liquid Death Water Startup Valued at $700 Million

velvetsea Liquid Death, Velvet Sea Ventures

Sometimes water tastes better when it’s in a cool-looking can. At least that’s the thesis behind Liquid Death, a 3-year-old startup that is already valued at $700 million following its latest round of financing. The $70 million investment was led by Science Ventures, with participation from other investors including Live Nation Entertainment Inc., music group Swedish House Mafia and comedian Whitney Cummings. Read more here.