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EasyJet agrees in principle to rival £5.7bn takeover bid
No-frills airline EasyJet says it has agreed in principle to a £5.7bn takeover proposal from US firm Apollo Management. The bid trumps a previous bid from US investment firm Castlelake that EasyJet
South Korean chip giant SK Hynix raises $26.5bn in US share sale
South Korean computer chip maker SK Hynix has raised $26.5bn (£19.8bn) in its New York share offering, marking the largest ever listing by a foreign firm in the US. The company, a key supplier to ar
Pressure builds on Europe's biggest port to be greener
Standing on a grassy verge in the Hook of Holland, I'm overlooking the Port of Rotterdam. At the delta of the Rhine and Meuse in the Netherlands, on land largely reclaimed from the North Sea, it's th
Disney is considering adding a free tier to Disney+ in response to YouTube's growing popularity as a destination for TV content. This move would allow Disney t…
Disney replaced Fubo co-founder David Gandler with Alisa Bowen, a Disney executive, after gaining 70% control to shift Fubo’s strategy toward family-friendly c…
Coinbase Chief Legal Officer Paul Grewal will transition to an advisory role on July 31, leaving his position vacant. Grewal's departure, following his key rol…
Disney+ President Alisa Bowen joins struggling streamer FuboTV as CEO. Her departure signals a shift in the streaming industry from content giants to niche pla…
Faith-based tech company Gloo lost $438 million building an AI-driven platform to connect churches and believers, with no clear path to profitability. Its fail…
Allstate sued Broadcom, accusing it of disproportionately auditing them after they reduced VMware and CA Technologies software usage. This case highlights how …
Eleven percent of U.S. adults currently take GLP-1 drugs, a significant increase from 3% in 2024. Eli Lilly is poised to benefit from this trend, with its drug…
The New York Times accused OpenAI of hiding evidence in their copyright trial, claiming ChatGPT’s training data may contain verbatim excerpts from its journali…
iHeartMedia agreed to a $2 million fine and stricter compliance measures after the FCC found it accepted undisclosed payments for promoting certain artists. Th…
Meta’s AI image generator trains on public Instagram photos unless users opt out. Users must manually request removal via Meta’s help page, with no bulk opt-ou…
Interest rates may need to increase this year to keep rising prices under control, according to the Bank of England's chief economist. Huw Pill, who is from C…
