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 platforms such as TikTok and X, are fake.
Deals
Clothing Retailer Express to Shutter Over 100 Outlets as It Declares Bankruptcy
US multi-brand clothes retailer Express Inc. filed for Chapter 11 bankruptcy and will close over 100 stores.
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.
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.
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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 have overwhelmingly approved the firm's sale to Japan's Nippon Steel for a cash payment of $14.1 billion.
Four board members of Paramount Global are reportedly planning to leave the company as merger discussions with Skydance Media heat up.
The United States and Japan have recently unveiled a collaborative effort aimed at accelerating the advancement and implementation of nuclear fusion technology.
Russian oil-gas giant Zarubezhneft expressed its interest in expanding its presence in Vietnam by venturing into offshore wind power projects.
Google employees express strong opposition to the $1.2 billion contract with Israel. Google employees walk off the job to protest the company's handling of sexual misconduct claims, on November 1, 2018, in Mountain View, California.
A lawmaker's proposal would require San Francisco grocery stores to provide six months' notice before closing and to look for a replacement supermarket.
Johnson & Johnson has made a significant acquisition, purchasing medical device maker Shockwave Medical for approximately $13.1 billion to strengthen the company's efforts in fighting heart disease.
McDonald's is purchasing Israeli outlets from a longstanding franchisee to boost sales after boycotts.
