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Business

Soho House Set to Go Private in $2.7B MCR-Led Deal

Luxury club operator to exit Wall Street and regain private control After four turbulent years as a public company, Soho…

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EU says TikTok breached digital safety rules

Preliminary ruling targets addictive design The European Commission has issued a preliminary ruling stating that TikTok has breached the European…

Business
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SpaceX Acquires xAI in Landmark Merger

SpaceX has acquired xAI, merging two of Elon Musk’s most ambitious ventures into what is now the most valuable private…

Business
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UPS to cut up to 30,000 jobs as Amazon deliveries shrink

Job cuts tied to reduced Amazon volumes Parcel delivery giant UPS announced it will cut up to 30,000 jobs this…

Business
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Europe may decide the fate of Warner Bros. Discovery

Netflix deal faces scrutiny beyond the United States The future of Warner Bros. Discovery could hinge on the view of…

Business
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Netflix switches to all-cash bid for Warner Bros. and HBO

Revised offer aims to block Paramount takeover Netflix has escalated its fight for Warner Bros. Discovery by agreeing to pay…

Business
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Sphere Entertainment Eyes New Venue at National Harbor

Sphere Entertainment Co., in partnership with the State of Maryland, Prince George’s County, and Peterson Companies, has announced plans to…

Business