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Paramount Reportedly Greenlights Buyout Discussions with Sony, Apollo As Skydance Deal Fades

Paramount's board committee on Saturday met and approved talks with Sony and Apollo, who submitted a nonbinding letter of interest.


Paramount-Skydance Merger Might Not Happen as Shari Redstone-Controlled Entertainment Firm Allegedly Backs Away

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.

Comcast Blacks Out Bally Sports Regional Networks After Disagreement in New Contract With Distributor

Bally Sports channels were discontinued by Comcast as a result of failed talks for a new, long-term agreement.

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.


Latest News

South Korea-AUKUS Defense Tech Collaboration Could Happen; Seoul's Defense Officials Now Discussing Plan
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.
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Microsoft's decision to invest in OpenAI stemmed from concerns about lagging behind Google in AI capabilities
Palo Alto Networks Is Buying IBM QRadar Cloud Security Software Assets to Expand Customer Base
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 Acquires Close Partner Run:ai! Acquisition Price, Purpose, Other Details
Nvidia is acquiring Run:ai. Here's what the giant GPU manufacturer plans to do with this acquisition.
Supermarket Chain Kroger Post Strong Quarterly Earnings
Kroger and Albertsons announced a divestment deal to sell more shops to C&S Wholesale Grocers to get government permission for a merger.
FTC Sues to Block $8.5 Billion Merger of Coach and Michael Kors Handbag Makers
The Federal Trade Commission (FTC) has taken legal action to block Tapestry's $8.5 billion acquisition of Capri Holdings Limited, the parent company of Michael Kors.
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JD Sports, the UK's largest sportswear retailer, plans to buy Hibbett shares at $87.50 each in cash.
FTC Sues to Block Tapestry's $8.5 Billion Takeover of Capri Holdings in Massive Luxury Fashion Merge
The Federal Trade Commission filed a lawsuit on Monday to halt Tapestry Inc.'s $8.5 billion acquisition of Capri Holdings, which would unite the Coach, Kate Spade, and Michael Kors brands.
Express Clothing Chain To Close Approximately 100 Stores By 2022
US multi-brand clothes retailer Express Inc. filed for Chapter 11 bankruptcy and will close over 100 stores.
Paramount Global Is Laying Off About 800 Workers: Report
Paramount's stock experienced a surge in after-hours trading following news of the bid discussions.
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