After a failed attempt to buy Sky in 2010, Fox moved again to acquire 61% of the company through a $14.6 billion deal. The deal, however, faced opposition over concerns of potential over-concentration of power since Rupert Murdoch also owns stakes in other firms in the U.K.
Articles by Reina Ilagan
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Oscar-winning actress Julia Roberts is set to star in the TV adaptation of the novel "Today Will Be Different." This marks her first lead role in the small screen after taking on numerous memorable roles in movies.
Pope Francis may be spending his 80th birthday just as a normal working day, but people worldwide have taken their time to extend their greetings to the Pope. Reaching the age of 80, the Pope has the option to retire already. However, considering his plans to visit different countries in the coming years, he does not seem to have retirement in immediate sight.
First Lady Michelle Obama reflected on the past eight years of being in the White House in an interview with Oprah Winfrey that will air on Monday. She also shared her views of America as her husband is set to step down soon.
Yahoo is under renewed scrutiny after its second disclosure of breach within this year. The major hacking incidents the company has been involved in puts a risk on its deal with Verizon. Although Verizon has not confirmed any plans of ditching the purchase, reports indicated that the company is demanding for better deal terms for the acquisition.
Apache Spark has raised $60 million in its latest round of funding. The company said that the new investment will be used to expand product development.
Infosys has invested an undisclosed amount to homegrown startup ideaForge from its Innovation Fund. ideaForge has been a known manufacturer of unmanned aerial vehicles in India.
A recent study that focused in measuring health care openness and access ranked Vermont among the worst in the nation. Jared Rhoads, a research project manager with the Dartmouth Institute for Health Policy and one of the authors of the study, cited the state's over-regulation as one of the factors for the ranking.
NAFA's bid to delay the implementation deadline of the fiduciary rule has been defeated after the federal court rejected the group's request. The new regulation has been opposed by many industry members, but the Department of Labor has also been active in defending the matter in several courts.
General Motors announced its plans to invest $328 million to to its Tonawanda and Lockport plants. The news came as a relief to the workers who felt reassured of their future as the company will retain hundreds of jobs on both plants.
Apple's latest update, iOS 10.2 brings in new features for the users. Aside from additions to the functionality of the devices, the update also comes with bug fixes.
Amazon's video-streaming service Prime Video has been launched globally, bringing most of its popular contents to more viewers worldwide. Subscribers will have to pay half the price ($2.99) for the first six months, and the original price of $5.99 for the following months.
Months after the rollout in Pittsburgh, Uber lanched its self-driving car fleet in California. State regulators asked the company to cease its operations of self-driving vehicles because of a lack of proper testing permit.
Yahoo disclosed a 2013 cyber security breach that may have stolen data from around one billion users worldwide. This is the second disclosure of the company about hackers' intrusion in their system. Yahoo announced a 2014 attack in September.
India promised to contribute $500,000 to UN Central Emergency Response Fund. In a pledging conference, outgoing Secretary General Ban Ki-moon made a plea for funding to support its missions of providing immediate humanitarian assistance to people who require urgent help.
Sapiens International Corporation has increased its presence and investment in the Nordic region with the establishment of a new head office in Copenhagen, Denmark. Helle Hølmer has been appointed by Sapiens to be the Nordic regional director.
The landscape for the investment industry remains uncertain as the financial advisors and broker-dealers are yet to know the intention of the incoming administration regarding the fiduciary rule. The rule was passed earlier this year and is scheduled to take effect on April 10, 2017.
Perry L. Pe, the president of the Management Association of the Philippines, said that businesses would thrive better if the government shifts to federalism. He said that the call of President Rodrigo Duterte to transition into a federalist form of government would promote regional competition and support the growth of investments.
Unconfirmed reports surfaced about Apple meeting with the telecommunications giant SoftBank for a $1 billion investment in the latter's tech fund. The fund is set to be launched next year to support emerging technologies.
Virtual reality firm Survios has raised a total of $50 million in its round of funding, including an investment by Hollywood studio Metro-Goldwyn-Mayer.
Friends and family of Brett Greenhill, who was paralyzed after a swimming accident, are asking for help through a GoFundMe page. Greenhill was with fiancée Meg Alexander, their friends and family for a party ahead of their wedding on February.
The nominees for the 74th Golden Globes Award on January 8 have been announced. The film La La Land leads the nominees after being nominated in seven categories.
Honda has invested an undisclosed sum to Uber's Asian rival, Grab, in a partnership that looks to boost services amid increased competition.
ESG investing continues to be a trend in the market as it provides unique opportunities and exposure to investors who are seeking to combine their principal values with their investment selections.
Minister J.C. Hutchinson encouraged more Jamaicans to invest in beekeeping, citing that the industry does not require intense labor and large acreages. He also noted that the fast-growing industry offers lucrative returns of investment.
Botswana's metals industry, the country's economic lifeblood, experiences a meltdown due to commodity price slump. The BCL Ltd. has closed its operations after being put under provisional liquidation.
The Arab Film Institute, which was launched earlier this month, announced its plan to hold the first Arab Film Awards. The organization, modelled after the Academy of Motion Picture Arts and Sciences, aims to recognize outstanding work in the film industry in 19 categories.
Global warming makes the reindeers become smaller, according to a recent study. A survey revealed an alarming drop in the average mass of reindeers from 1994 to 2010 due to the dramatic rise in temperature.
The 2017 Crop Advantage Series, presented by the Iowa State University Extension, will be traveling to eight locations across the state to educate farmers of the latest information about crop management. The program is scheduled from January 4 to January 26, 2017.
A recent research by the Australian Automobile Association noted on the difference on fuel efficiency and gas emissions of lab tests by car manufacturers and the commissioned real-world tests. The research found that the cars may be dirtier and less fuel efficient than what the manufacturers claim.