Bill Ackman’s acquisition proposal is rejected by Universal Music Group
The board of directors of Universal Music Group on Friday unanimously rejected an unsolicited acquisition proposal by Bill Ackman and...
shareholders
Due in part to the merger with Paramount, WBD loses $2.9 billion
Warner Bros Discovery reported a loss of approximately $2.9 billion in its first fiscal quarter, largely due to its merger...
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...
EU looks into Netflix’s business methods
The Wall Street Journal said on Friday that the US Department of Justice is looking into whether Netflix committed anti-competitive...
Grupo México gives Citi 10 days to respond to their bid for 100% of Banamex
Grupo México informed the Mexican Stock Exchange that it has given Citigroup 10 days for its board of directors and...
Trump pushes Apple to cease its diversity practices after shareholders vote in favor
U.S. President Donald Trump encouraged Apple (AAPL.O) on Wednesday to remove its diversity, equality, and inclusion policies, a day after...
The judge denied the demand to reinstate Tesla’s $56 billion payment to Musk
A Delaware judge ruled Monday that Tesla CEO Elon Musk is still ineligible for a $56 billion salary package, despite...
Warren Buffett’s Berkshire Hathaway sold nearly half of its stake in Apple
The financial behemoth led by Warren Buffett, Berkshire Hathaway, said on Saturday that it had sold over half of its...
