#s500m

Snap to buy AR company WaveOptics for over $500M

 Snap Inc said Friday it will acquire WaveOptics, a British augmented reality technology company, for over $500 million. The deal, first reported by The Verge and confirmed by a Snap spokesman, will help the owner of photo messaging app Snapchat push its way into a future where AR eyewear could be ubiquitous. Snap said it will pay half the $500 million for WaveOptics in stock at closing, and the…

Jeff Bezos buys $500M superyacht amid luxury industry boom

Amazon founder Jeff Bezos will reportedly soon take delivery of a $500 million mega-yacht — proof that the niche industry for billionaires is in its prime. While details are mostly being kept under wraps, the vessel will be 417 feet long, span several decks and have three huge masts — and even have its own support yacht with a helipad, according to the outlet. It will likely cost at least $500…

Does Texas really need a $500m cricket stadium? | Sport

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The city of Allen, a northern suburb of Dallas, occupies a special place in the history of sports stadiums: it was the instigator of what once was dubbed a high school football stadium arms race. In 2012 it unveiled Eagle Stadium, the 18,000-seat, $60m home of the Allen High School Eagles. Not too many years later nearby McKinney opened a stadium for its own high schools worth $70m.

Late…