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.
Sectors
Shaping the Future of Prediction Markets with PredX's New Telegram Mini App
From the outside looking in, prediction markets can be viewed as novel financial entities that employ the idea of collective intelligence to forecast future events. This direction has also been able to garner the backing of notable crypto figures, including Ethereum co-founder Vitalik Buterin. By aggregating diverse opinions on probable outcomes, these markets offer insights far beyond conventional polling or prediction methods, making them a critical tool for decision-making in finance, politics, and beyond.
Rivian Secures $827 Million Incentive Package to Expand Its Illinois Facility
Rivian received $827 million in Illinois subsidies to support producing its upcoming SUV. A Rivian electric pickup truck sits in a parking lot at a Rivian service center on May 09, 2022 in South San Francisco, California.
Apple Surprises Market with Record $110 Billion Buyback Amid Higher-Than-Expected Q2 Results
Apple Inc. unveiled an unprecedented $110 billion buyback initiative, marking its largest buyback program to date.
Amgen Scraps Experimental Weight Loss Pill, Moves Forward With Injectable Drug in Development for Obesity
Amgen will discontinue its experimental weight loss pill and focus on developing injectable drugs and other obesity-related products.
Latest News
Nunes demands a GOP-led probe into short-selling by eight firms affecting DJT stock. DJT shares fluctuate; short sellers face steep costs, deterring professional managers.
Baltimore Bridge's insurer, Chubb, is allegedly preparing a $350 million payout for the incident.
Even interns are not safe from Elon Musk's Tesla mass layoffs. Tesla interns blamed Elon Musk for ruining their summer plans. Previously, the billionaire shocked many people after announcing that he wanted to be "absolutely hardcore" in cost-cutting efforts, such as layoffs.
Australian facial recognition firm Outabox suffered a major breach of personal data and biometrics, prompting legal investigations and calls for stricter regulations to protect biometric privacy.
The USDA announced a nationwide recall of over 16,000 pounds of ground beef sold at Walmart due to potential E. coli contamination. The beef originated from Cargill Meat Solutions in Hazleton, Pennsylvania.
Mayer Brown wants to end its 15-year partnership with China. But why? Mayer Brown wants to end its partnership with China. This was confirmed after the Chicago-based law firm announced reaching an agreement in principle to split from its operations in the Asian country.
Peloton undergoes leadership change with CEO Barry McCarthy stepping down, accompanied by layoffs of 15% of staff, following disappointing fiscal third-quarter results.
A real estate agent in Australia sold the wrong house to a homeowner, leading to a thousand-dollar fine. Here are other details.
Novo Nordisk exceeded profit expectations in Q1 2024 with a 28% surge in net profit, driven by Wegovy's success.
