Business News
Ellison’s Media Takeover Could Reshape America
Larry Ellison holds a significant stake in CBS and Paramount. Now HBO, and a significant portion of TikTok are in his crosshairs. If everything unfolds as expected, this tech billionaire, already among the wealthiest individuals globally and a founder of
On Thursday, tech giant Nvidia announced a $5 billion investment in Intel, marking the beginning of a collaboration to co-develop custom data center and personal computing chips. Nvidia stated, “The investment will be made through the purchase of Intel’s common
US President Donald Trump announced his intention to file a $15 billion defamation lawsuit against The New York Times, citing its coverage of his purported connections to the late financier and convicted sex offender Jeffrey Epstein. In a post on
Chris Swonger, a prominent figure in the US spirits industry, recognized the importance of being present when President Trump visited his golf course in Aberdeenshire, Scotland, this summer. He made a seemingly counterintuitive request: zero tariffs on Scotch whisky imported
The owner of Rolling Stone, Billboard, and Variety filed a lawsuit against Google on Friday, claiming that the technology giant’s AI-generated summaries utilize its journalism without permission and diminish traffic to its websites. The lawsuit filed by Penske Media in
On Friday, José Muñoz, the Chief Executive Officer of Hyundai Motor, made an announcement that the battery factory of the firm, which is located in Georgia, United States, will be unable to begin operations for a period of two to
According to a report, Paramount Skydance is in the process of preparing a bid to acquire Warner Bros Discovery. If successful, this initiative has the potential to unite two of Hollywood’s most iconic studios, thereby reshaping the global entertainment landscape.
Elon Musk has reclaimed his title as the world’s richest individual, following a brief period on Wednesday when Oracle co-founder Larry Ellison surpassed him. Ellison surged ahead for several hours as Oracle’s stock soared, driven by robust demand for its
The companies said they favor accelerated review because they are suffering serious economic hardships as a result of the price increases and supply chain delays’ in a Friday court filing. Small businesses contesting President Donald Trump’s extensive tariffs informed the
Despite a US appeals court ruling that most of President Donald Trump’s tariffs are illegal, the Trump administration is pressing on with discussions with trading partners, US Trade Representative Jamieson Greer stated on Sunday. In an interview on Fox News’