Logos of Netlfix and Warner Bros. Reuters The Netflix and Warner Bros. Discovery deal came together quickly — but its path to regulatory approval may not be so speedy. Netflix stunned the media industry on Friday when it announced its proposed $72 billion deal to acquire the iconic Warner Bros. film studio and streaming service…
Elon Musk’s SpaceX, is initiating a secondary share sale that would give the company a valuation of up to $800 billion, The Wall Street Journal reported Friday. SpaceX is also telling some investors it will consider going public possibly around the end of next year, the report said. At the elevated price, Musk’s aerospace and…
The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. Andrew Kelly | Reuters A U.S. judge on Friday finalized his decision for the consequences Google will face for its search monopoly ruling, adding new details to the decided remedies. Last year, Google was…
Rubrik shares soared 22% on Friday after the data management company posted blowout fiscal third-quarter numbers and boosted guidance. The stock, which debuted on the market in April 2024, had its second-best day on record. Revenue jumped 48% from a year earlier to $350 million, topping the $320 million average analyst estimate, according to LSEG….
Elon Musk is the owner of social media platform X. Aytug Can Sencar | Anadolu | Getty Images Elon Musk’s X has been hit with a 120 million euro ($140 million) fine by the European Commission for breaching transparency obligations, in the latest challenge to a U.S. big tech company by the bloc. The Commission…
Sheldon Cooper | Lightrocket | Getty Images Salesforce shares popped 5% on Friday after the company posted better-than-expected third-quarter earnings on Wednesday despite falling short of Wall Street’s revenue estimates. The stock, which is up 13% over the past five days, is aiming for its best week since 2023. The company reported adjusted earnings per…
People hold a sign as they participate in a protest outside the U.S. Supreme Court over President Donald Trump’s move to end birthright citizenship as the court hears arguments over the order in Washington, May 15, 2025. Drew Angerer | Afp | Getty Images The Supreme Court on Friday said it will hear arguments in…
Paramount Skydance CEO David Ellison speaks during the Bloomberg Screentime conference in Los Angeles on October 9, 2025. (Photo by Patrick T. Fallon / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images) Patrick T. Fallon | Afp | Getty Images This isn’t exactly what David Ellison had planned in September. Just a few months…
Hewlett Packard Enterprise reported weak fourth-quarter revenue and server numbers, but beat earnings expectations and reaffirmed its fiscal year guidance on strong artificial intelligence demand. “I’m incredibly pleased with the results we posted in Q4 … despite the fact that we were on the lower end of the guide on revenues, because that was driven…
US President Donald Trump makes an announcement from the Oval Office of the White House in Washington, DC on December 3, 2025. Andrew Caballero-reynolds | Afp | Getty Images President Donald Trump may remove members of the National Labor Relations Board and the Merit Systems Protection Board at will, a federal appeals court ruled Friday….
