Sony Reportedly Eyeing Joint Bid with Apollo to Acquire Paramount Global
Paramount's stock experienced a surge in after-hours trading following news of the bid discussions.
Deals
Enerplus Misses Q1 2024 Profit Targets While Processing Acquisition by Chord
Canadian oil and energy company Enerplus reported an 18.6% revenue loss for its Q1 2024 report compared to figures at the same period last year.
Steward Health Care Puts All 31 Hospitals up for Sale to Address $9 Billion Debt After Filing for Bankruptcy
Steward Health Care has reportedly listed all its 31 hospitals in the United States for sale to pay off its $9 billion debt...
Japan Bolsters Defense Supply Chain by Contracting JSW To Produce Armored Vehicles for Self-Defense Forces
Japan is now bolstering its defense supply chain. As part of this effort, the Japanese government contracted JSW to produce armored vehicles...
Private Equity Firms Eye Peloton Amid CEO Departure, Cost-Cutting Talks
Private equity firms are considering buying Peloton amid the CEO's departure and cost-cutting efforts. Restructuring aims to reduce expenses, and debt refinancing is in progress...
Steve Wozniak’s Space Firm Privateer Buys Orbital Insight, Raises $56.5 Million in Funding
Steve Wozniak’s space date company Privateer has acquired Orbital Insi...
EU Greenlights Japan's Nippon Steel's $14.9 Billion Acquisition of US Steel Despite Opposition
The European Union (EU) has approved Japan's Nippon Steel's acquisitio...
Latest News
Cisco Introduces New AI Security System Following $28 Billion Acquisition of Splunk
Cisco introduces a cutting-edge security system that harnesses the power of AI, following its acquisition of Splunk in a massive $28 billion agreement.
Disneyland Moves Closer to Expansion Plans as Anaheim City Council Approves $1.9 Billion Project
The Anaheim City Council has given the green light to Disneyland Forward, the Walt Disney Company's ambitious plan to expand its iconic theme park.
Google Employees Stage Protests Across Multiple Offices Against Company's $1.2B Israel Contract
The activists criticized the company for its contract with the Israeli government, accusing it of contributing to what they perceive as a genocide amid Israel's bombing campaign in Gaza.
United Airlines Slashes Reliance on Boeing Planes After Reporting $124 Million Loss
United Airlines has revised its aircraft-delivery expectations for the year due to delays from Boeing.
Did Disney Send Kids to Jeffrey Epstein's Island for Snorkeling? Fake Viral Video Spread on TikTok, X
There have been claims circulating on social media in recent weeks regarding Disney's alleged acquisition of Jeffrey Epstein's island. However, the claims, despite gaining significant attention on pla
Stuff, Newshub Reach Deal to Save TV News, Provide New-Look Bulletin
The 6pm TV3 news has been saved, undergoing a complete transformation and will be provided by rival media company Stuff following the closure of Newshub in early July.
US Steel Shareholders Approve Sale of the Iconic American Firm to Japan's Nippon Steel Despite Joe Biden's Opposition
US Steel shareholders have overwhelmingly approved the firm's sale to Japan's Nippon Steel for a cash payment of $14.1 billion.
4 Paramount Board Members to Step Down as Skydance Merger Talks Heat Up
Four board members of Paramount Global are reportedly planning to leave the company as merger discussions with Skydance Media heat up.
US, Japan Vow New Collaboration to Push for Next Generation Nuclear Power
The United States and Japan have recently unveiled a collaborative effort aimed at accelerating the advancement and implementation of nuclear fusion technology.
