Paramount's board committee on Saturday met and approved talks with Sony and Apollo, who submitted a nonbinding letter of interest.
Deals
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 Insight for an undisclosed amount.
Hong Kong Investors Win $2.5 Million Case Against Company That Promised to Repurchase Luxury Watches
WatchFund, led by Dominic Khoo, has been ordered by a Hong Kong court to repurchase luxury watches worth $2.5 million following breaches of contract with five investors.
Save up to $49 on Apple AirPods 2 and 3 at Amazon Today: Limited Time Offer
Save big on Apple AirPods 2 and 3 at Amazon, with discounts up to $49. AirPods 2 are now $79.99 (38% off), and AirPods 3 are $139.99 (17% off). This is a limited-time offer!
Apple Supplier Foxconn Sees Surge in April Sales, Thanks to Strong iPhone Demand
Foxconn reports its highest-ever April revenue surge, with a nearly one-fifth increase compared to last year, driven partly by strong iPhone demand and diversification efforts.
Latest News
Paramount reportedly pulling out from the proposed merger with Skydance. Now, other entertainment companies are expected to take advantage if it doesn't push through.
Bally Sports channels were discontinued by Comcast as a result of failed talks for a new, long-term agreement.
Apple Inc. unveiled an unprecedented $110 billion buyback initiative, marking its largest buyback program to date.
Sony and Apollo bid $26B in cash for Paramount Global amid potential Skydance merger. Competing with Skydance, the deal may reshape the entertainment industry landscape.
Three sources say Exxon Mobil will ban an oil executive involved in a price-fixing case from joining its board after buying Pioneer Resources.
The South Korea-AUKUS defense tech collaboration could soon happen. Here's what this means. The South Korea-AUKUS defense tech collaboration could soon happen.
Microsoft's decision to invest in OpenAI stemmed from concerns about lagging behind Google in AI capabilities
IBM's Acquisition of HashiCorp for $6.4 Billion Confirmed, Aimed at Strengthening Cloud Capabilities
This acquisition is intended to enhance IBM's expertise in cloud-based solutions, especially as the demand for AI-driven technologies continues to grow rapidly.
Nvidia is acquiring Run:ai. Here's what the giant GPU manufacturer plans to do with this acquisition.
