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EasyJet’s board has surrendered too easily to US bidder
The Guardian’s financial columnist Nils Pratley argues that easyJet’s board has given in too readily to a takeover approach from Castlelake, a US private investment firm active in aircraft financing and leasing. After rejecting three earlier offers as fundamental undervaluations and dismissing a fourth at 650p as “substantial”, the board reached an “agreement in principle”…
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Meta launches Pocket, an app for making games with generative AI
Meta has released Pocket, a Google Play Store app that lets users create and share small interactive games and mini-programs using generative AI, simply by describing what they want in a prompt. The launch matters because it signals a strategic pivot at Meta towards AI-generated content and away from the traditional, human-made virtual reality games…
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‘Shark Tank’ Sets Season 18 Guest Sharks: MrBeast, Mindy Kaling, ‘Diary of a CEO’ Host and More
“Shark Tank” returns with Season 18 in the fall, and with it are some new entrepreneurs who smell blood in the water. The lineup of guest sharks includes Jimmy Donaldson, aka MrBeast, as well as the CEO of his company Beast Industries, Jeffrey Housenbold. Writer, director, actor and “The Office” star Mindy Kaling is also…
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Marie Sheehy Promoted To EVP Corporate Communications For WME Group
WME Group has elevated longtime communications executive Marie Sheehy to EVP, Head of Corporate Communications. She oversees all communications strategy and operations for WME Group, which includes the WME talent agency, IMG Licensing and Pantheon Media Group, and serves as WME Group’s lead spokesperson. Sheehy has been with the company for more than two decades.…
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Tim Tebow launches faith-based platform producing short-form vertical microdramas
Tim Tebow, the former NFL quarterback and vocal evangelical Christian, is executive producing content for Lighthouse Verticals, a new microdrama platform focused on faith-based entertainment that is set to launch in November 2026. The venture matters because it marks an attempt to extend the fast-growing short-form vertical drama industry—until now dominated by romance and, increasingly,…
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Bari Weiss takeover fears grip CNN staff as Paramount-Warner Bros deal nears completion
There are 600 million reasons why Paramount Skydance should not tinker too much with the inner workings of CNN after the company completes the acquisition of its parent, Warner Bros. Discovery. Staffers at the news giant fear the company soon expected to be their new owner will ignore all of them. CNN is not what…
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Norm becomes a unicorn after raising $120 million for AI legal work
AI law startup Norm has raised a $120 million Series C round led by Khosla Ventures, valuing the startup at $1.2 billion.
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iRobot launches its first non-robotic Roomba, the manual Electro Plus floor cleaner
iRobot has unveiled the Roomba Electro Plus, its first-ever floor cleaner that is not a robot. Priced at $399, the cordless device is a 5-in-1 hard-floor cleaner that vacuums, mops and disinfects, but must be pushed manually by the user. Alongside it, the company launched five new Roomba robot vacuums that offer higher suction power,…
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Bidbus raises $15m to let dealers bid on private used cars
A Los Angeles-based startup called Bidbus has raised a $15 million Series A funding round led by mobility fund Ibex Investors, as it seeks to expand beyond its initial markets of California and Texas. The company runs a digital marketplace where multiple car dealerships bid against one another to buy a private seller’s used car,…
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Lego unveils five new Pokémon building sets with first official images
The Pokémon Company’s collaboration with Lego continues as five more sets have been revealed, including one for a fan-favorite Legendary.