The merger between Banijay and All3Media forms a vast television production group spanning 25 territories with nearly 200 companies, aiming to strengthen creative independence and global reach.
Surging expectations tied to AI investments push S&P 500 profit growth forecasts above 23%, intensifying pressure on companies to exceed lofty earnings benchmarks.
Comcast-owned Sky confirmed its acquisition of ITV’s network and streaming operations as Banijay completed its $8 billion merger with All3Media, reshaping the European media landscape.
MicroStrategy stock climbed in early trading on July 10 as analysts anticipate a return to profitability with Q2 earnings due later this month.
Volkswagen’s market share in China has slipped amid fierce competition from local automakers like BYD and Geely, marking a significant shift in the global auto landscape.
South Korean chipmaker SK hynix completed the largest U.S. listing by a foreign firm, securing $26.5 billion to boost its high-bandwidth memory capacity for AI markets.
Unionized Bethesda developers plan simultaneous marches across four studios demanding job security, transparency, and meaningful talks after recent Microsoft layoffs.
Major Wall Street firms have tightened internal rules to bar employees from trading on prediction markets linked to company events, elections, and financial data to reduce conflicts of interest and insider trading risks.
Id Software co-founder John Carmack expresses sorrow over significant layoffs at the studio, highlighting the harsh realities of succeeding in today’s competitive gaming market.
Microsoft announced significant job cuts targeting Xbox’s middle management while an internal leak revealed an experimental Copilot OS running inside Microsoft Edge.
TeraWulf targets a $3.5 billion debt raise led by Morgan Stanley to finance its Kentucky data center leased long-term by AI firm Anthropic.
Ubisoft Barcelona has laid off 51 employees following the release of Assassin’s Creed Black Flag Resynced, as the studio shifts focus exclusively to the Rainbow Six franchise.