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La restructuration par Microsoft de son projet d’acquisition d’Activision Blizzard pour 69 milliards de dollars “ouvre la porte” à la plus grande transaction de jeux jamais réalisée, a déclaré vendredi le régulateur britannique de la concurrence. Microsoft (MSFT) a annoncé l’accord début 2022, mais il a été bloqué en avril par le régulateur britannique de … Read more
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Hong Kong CNN — China is allowing foreigners in Shanghai and Beijing to move their money freely into and out of the country, in a significant move toward … Read more
A new mergers and acquisitions advisory firm launched last year by former Centerview Partners dealmakers has scored a big win by advising Cisco Systems on its $28 billion acquisition of cybersecurity firm Splunk. Based in Palo Alto, California, Tidal Partners was started by technology bankers David Handler and David Neequaye. Their firm, which employs just … Read more
Text size Oracle promised $65 billion in revenue by its 2026 fiscal year. Oracle headquarters in Redwood Shores, Calif. Justin Sullivan/Getty Images Oracle reiterated its previous forecast that it will reach $65 billion in revenue by the company’s May 2026 fiscal year. Speaking at a meeting with stock analysts in Las Vegas where the company … Read more
CNN — Authorities discovered a trap floor containing drugs, including fentanyl, inside a Bronx day care center where a 1-year-old boy died of a suspected fentanyl overdose last week, the New York Police Department announced Thursday. The drugs were found Wednesday in the floor under a play area in the center after authorities got a … Read more
CNN — As studios and writers return to the bargaining table Wednesday, the economic impact of the months-long writers’ and actors’ strikes has surpassed a staggering $5 billion, and the pain is increasingly being felt across multiple industries, according to economists. In New York alone, the disruption of 11 major productions, which applied for the … Read more
New York CNN — Even the unlimited breadsticks at Olive Garden and wooden rocking chairs at Cracker Barrel can’t seem to lure back the baby boomers. It’s been over three years since many restaurants closed their doors and customers opted to eat more meals at home because of the Covid pandemic. Now, some older customers … Read more
Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest chronicling the evolving media landscape here. CNN — The cable bundle is losing its biggest edge over the streaming competition: live sports. Warner Bros. Discovery announced this week that it will make its live sports … Read more
CNN — An effervescent young woman with a bubbly laugh and a radiant smile. A stellar student on the cusp of earning her master’s degree. A beloved daughter making her mark thousands of miles from home. That’s how Jaahnavi Kandula’s loved ones describe the 23-year-old graduate student from India who, police say, was fatally struck … Read more
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Hong Kong CNN — Huawei has joined the list of companies that want to be all about artificial intelligence. For the first time in about 10 years, the … Read more