OpenAI was at one point considering acquiring Cerebras, an AI chipmaking company that’s in the process of going public, according to new legal filings. Elon Musk’s...
Exxon will reduce the headcount at Pioneer Natural Resources by some 397 over the next two years, reducing the number of employees by 20%. The move...
On Thursday, Spirit Airlines unveiled plans to cut costs and raise cash amid bankruptcy reports. Its stock rose after it said it would sell $519 million...
A judge has granted a preliminary injunction to halt the merger between Tapestry and Capri Holdings. The two companies planned to have multiple luxury brands —...
DirecTV said Monday it has agreed to acquire Dish Network from EchoStar. The merger would create one of the US’ largest pay-TV providers. In a separate...
Text size British betting group Flutter Entertainment on Tuesday said it had agreed to buy Italian peer Snaitech for 2.3 billion euros ($2.6 billion), expanding its...
After slashing 1,900 jobs across Xbox and Activision earlier this year, Microsoft is laying off another 650 employees, according to an internal memo seen by The...
India‘s Competition Commission has approved the proposed merger between Reliance Industries Limited (RIL) and key entertainment assets of The Walt Disney Company (TWDC) in India, subject...
On August 16, 2024, The Recorder announced the winners and finalists for its California Legal Awards, celebrating the achievements of attorneys and companies leading technology, innovation, and the...
NEW YORK (AP) — The entertainment giant Paramount will merge with Skydance, closing out a decades-long run by the Redstone family in Hollywood and injecting desperately...
Entertainment giant Paramount will merge with production company Skydance, closing out a decades-long run by the Redstone family in Hollywood and injecting desperately needed cash into...
By Milana Vinn and Anirban Sen NEW YORK, June 20 (Reuters) – U.S. casino operator Boyd Gaming has approached Penn Entertainment to express interest in acquiring...