Hollywood Shakeup: Who Wants to Buy Warner Bros. Discovery?
Warner Bros. Discovery set a Nov. 20 bid deadline. Paramount Skydance offered $71B for the whole company, while Netflix and Comcast target HBO Max and the studios.
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UK to Ban Ticket Resale Above Face Value in Crackdown on Touts
UK government announces plans to outlaw reselling concert and sports tickets above original price, targeting touts who inflate costs by up to 490%.
China’s Singles’ Day Sales Soar with AI Boost
Alibaba, JD.com, and Douyin see record-breaking Singles’ Day sales as AI helps brands grow amid a slow economy.
WPP Shares Jump on Takeover Rumors
WPP shares surged after reports suggested interest from Havas and private equity firms Apollo and KKR, fueling speculation of a potential takeover bid.
Sinclair Builds Stake in E.W. Scripps, Eyes TV Station Merger
Sinclair acquires 8% stake in E.W. Scripps to push for merger deal. The broadcast TV consolidation could create larger competitor against streaming giants.
Google Soars on Buffett's Backing and Massive Texas Data Center Plans
Google stock jumps 5% as Berkshire Hathaway reveals $5.1B stake and company announces $40B investment in Texas data centers through 2027.