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Paramount acquires Warner Bros. in $110 bn mega-merger

Paramount acquires Warner Bros. in $110 bn mega-merger

US media conglomerate Paramount Skydance announced Friday it will acquire Warner Bros. Discovery in a deal valuing the combined company at $110 billion, after beating Netflix in a bruising bidding war. The agreement ends a five-month saga and creates an entertainment behemoth whose impact on a struggling media landscape

Rocket, Compass partnership aims to boost housing supply

(The Center Square) – Rocket Companies and Compass International Holdings announced a three-year alliance this week designed to expand housing inventory on Redfin’s platform and provide sellers more flexibility in how they list their homes. Rocket, the Detroit-based mortgage lender and parent company of Redfin, said Compass’ “Coming

OpenAI raises $110 bn in record funding round

OpenAI raises $110 bn in record funding round

OpenAI announced Friday a massive $110 billion funding round valuing the ChatGPT maker at $730 billion, with SoftBank, Nvidia and Amazon each making multi-billion-dollar commitments as the artificial intelligence company races to meet surging global demand. The investment round -- one of the largest in Silicon Valley history -- includes

'Sacrificed futures': German chemical workers protest looming job cuts

'Sacrificed futures': German chemical workers protest looming job cuts

Waving placards reading "Broken Agreements, Sacrificed Futures", hundreds of workers from chemical titan BASF protested in Berlin Friday over plans to axe jobs in Germany and shift them to Asia. The looming cuts at a major office employing some 3,000 administrative staff in the capital are the

Chemical giant BASF to shift jobs from Germany to Asia

Chemical giant BASF to shift jobs from Germany to Asia

BASF signalled on Friday it would shift jobs from its home market of Germany to Asia, as the struggling chemical giant seeks to aggressively cut costs. The vast German chemical sector has been mired in crisis in recent years due to overcapacity, weak demand and high energy costs. BASF, the

Nasdaq resumes selloff as Nvidia falls despite strong results

Nasdaq resumes selloff as Nvidia falls despite strong results

The tech-rich Nasdaq was back in retreat Thursday as lingering worries over the artificial intelligence boom overshadowed strong Nvidia results while leading bourses in Asia and Europe hit fresh records. All eyes had been on chip giant Nvidia, which reported Wednesday night that quarterly profits more than doubled to

How government regulations impact home care

How government regulations impact home care

How government regulations impact home care Home care is an excellent choice if you wish to spend your golden years in the comfort and convenience of your own home. This way, you don’t have to worry about adjusting to life outside the place you have grown to cherish and