Bloomberg

Paramount's Ellison used deep pockets, political links to buy Warner Bros

The dramatic turnaround positions Paramount to acquire Warner Bros in a $110 billion deal, making the Ellison family owners of one of the world's largest entertainment empires

Blackstone CEO Schwarzman takes home a near-record $1.24 billion in 2025

Schwarzman collected $1.1 billion in dividends alone from his roughly 20 per cent stake in the world's biggest alternative asset manager, according to an annual filing on Friday

Trump directs US government agencies to stop using Anthropic products

Defense Secretary Pete Hegseth ordered the Pentagon to bar its contractors and their partners from any commercial activity with Anthropic

Pentagon waging war on American genius in name of 'national security'

As debate grows over Pentagon's use of artificial intelligence, concerns mount over unreliable AI systems, hallucinations, and risks of deploying autonomous weapons in high-stakes military decisions

UnitedHealthcare CEO killing: US drops death penalty bid against Mangione

US District Judge Margaret Garnett ruled in January that prosecutors can't pursue the capital murder charge, but that a jury could determine if Mangione caused CEO's death under two stalking laws

India's growth may outpace current estimates after GDP data overhaul

Earlier this month, the government revised its inflation series to better capture shifting spending patterns in the world's fastest-growing major economy

India powers AI world's growth but risks becoming its unpaid intern

As India emerges as a major AI user base, it must safeguard its vast data resources and invest in talent and compute to avoid becoming merely a training ground for global tech giants

Jack Dorsey's Block to slash 4,000 jobs as it makes big bets on AI

The reduction in force, which was announced in a shareholder letter on Thursday, comes after rolling job eliminations that have often been tied to annual performance reviews

Samsung uncommitted to another iPhone Air rival or Trifold, says COO

Samsung is working on a wider version of its standard Galaxy Z Fold that could mirror the form factor Apple Inc. is planning for its first model

Anthropic rejects latest Pentagon offer over AI safeguards, escalating feud

Anthropic said that while the Pentagon's latest proposal fell short, the company continues to negotiate with defense officials and remains committed to working with the military

Smartphone market to shrink 13% due to memory chip crisis, says IDC

The new forecast, a dramatic revision down from earlier estimates, gives the latest accounting of the ongoing memory crunch that's affecting every corner of the electronics industry

Cancer risk lower for vegetarian diets but not vegans, finds study

Though the study didn't probe the cause of a higher or lower risk of certain cancers, researchers hypothesized that diets higher in fruit, vegetables, fiber and without processed meat could lower risk

NSE said to invite investment banks to pitch for $2.5 billion IPO

The exchange plans to select advisers by mid-March, according to some of the people, who asked not to be identified as the information is private

World Economic Forum chief Borge Brende quits over ties with Epstein

The CEO role at the WEF is more an operational position, and separate from the high-profile chairman position that was long held by founder Klaus Schwab

Apple in talks with banks to start payment service in India by mid-2026

The iPhone maker is in talks with ICICI Bank Ltd., HDFC Bank Ltd. and Axis Bank Ltd., as it aims to introduce its payment service in India, keeping the timeline fluid for now

NSE moves forward with listing, invites banks to pitch for $2.5 billion IPO

The planned share sale will be entirely an offer for sale, with existing shareholders expected to divest about 4 per cent to 4.5 per cent of the company's equity

Nvidia's latest sales forecast fails to excite investors amid AI concerns

Though the chipmaker delivered a first-quarter outlook that easily beat the average Wall Street estimate, Nvidia shares fell as much as 1.5 per cent during a conference call with analysts

Former New Zealand PM Jacinda Ardern joins Kiwi exodus to Australia

After spending much of her time overseas since her 2023 resignation, Ardern and her family now plan to base themselves in Australia

Those killed in US boat encounter planned anti-govt uprising, says Cuba

Seven of 10 occupants were identified by name in a statement, which listed supplies on the boat that included assault rifles, Molotov cocktails, bullet-proof vests, telescopes and camouflage uniforms

Cricket could rescue far more than just Imran Khan's political fate

His sudden dominance of his country's politics was in no small degree a consequence of the all-powerful military eventually putting a hand on the electoral scales in his favour