Eli Lilly plans to pay up to $7 billion to purchase Kelonia Therapeutics
Eli Lilly, a U.S. pharmaceutical corporation, and Kelonia Therapeutics, a privately held biotechnology business. Reached an agreement on Monday to...
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The CEO and founder of Netflix, Reed Hastings, is departing the organization
As the firm recovers from losing the bid to acquire Warner Bros. Discovery, Netflix CEO Reed Hastings is leaving the...
In the first quarter, Netflix’s revenue increased by 16%
Netflix surpassed predictions and forecasts of $12.1 billion in revenue and $0.76 per share in the first quarter. Reporting revenue...
After its deal for Warner Bros. Discovery failed, Netflix will turn its attention back to content and advertising
When Netflix releases its quarterly earnings on Thursday—the streaming behemoth's first results since its unsuccessful bid for Warner Bros. Discovery—investors...
A U.S. jury concludes that Live Nation and Ticketmaster are monopolistic
A federal jury in the United States found that Live Nation and its subsidiary Ticketmaster operate as a monopoly in...
Amazon is increasing its space aspirations, but it still has an issue
Analysts pointed out that while Amazon's $11.6 billion acquisition of Globalstar supports its space aspirations with satellites and wireless airwaves....
China orders MSC and Maersk to halt their port activities in Panama
According to the Financial Times on Wednesday, China has ordered the Danish shipping conglomerate Maersk and the Swiss business Mediterranean...
In terms of digital advertising income, Meta is about to overtake Google for the first time
By the end of 2026, Meta Platforms is predicted to overtake Google in worldwide digital advertising revenue, overthrowing the search...
The UK will look into the Paramount and Warner Bros. agreement
The proposed $110 billion acquisition of Warner Bros. by Paramount Skydance is anticipated to be the subject of an inquiry...
According to LVMH, the war in Iran has affected its sales
The French luxury conglomerate LVMH declared that the conflict in Iran caused the group's overall sales to drop by at...
