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Vincent Bolloré Avoids Multi-Billion Vivendi Buyout After Paris Court Ruling
Paris’s Court of Appeal handed Vincent Bolloré a major legal victory on Wednesday, ruling that the French billionaire and his holding company Bolloré SE did not control Vivendi at the time of the media conglomerate’s 2024 overhaul. The decision removes, for now, the threat of a mandatory buyout offer analysts had estimated could cost between…
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Wyoming tightens wastewater rules after Meta datacenter contractor flushed contaminated water
A contractor building Meta’s new AI datacentre in Cheyenne, Wyoming, flushed water contaminated with Cupriavidus gilardii bacteria into the city’s public sewers during construction, prompting local water authorities to tighten wastewater rules. The matter matters because it feeds a growing national backlash against resource-hungry datacentres, and because Cheyenne recycles treated wastewater to irrigate parks, raising…
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Blue Origin reportedly raising $10B at $130B valuation
Jeff Bezos’ space company Blue Origin is reportedly raising $10 billion at a $130 billion pre-money valuation, according to The New York Times. The round would be the company’s first external fundraise, drawing in major backers including Coatue Asset Management, Bezos himself, and other large investors, and marking a significant vote of confidence in the…
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Hanabie. Share Thrilling New Track ‘Life Is Short, O Brave Girl’
Japanese kawaii-metalcore band Hanabie. have released a new track titled ‘Life Is Short, O Brave Girl’, which will serve as the opening theme for the forthcoming anime ‘Young Ladies Don’t Play Fighting Games’. The song blends the band’s trademark cute (“kawaii”) elements with heavy metalcore, and has been written specifically to reflect the anime’s themes,…
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Blue Origin, for the first time, is expected to raise private capital
Blue Origin, the space company founded by Jeff Bezos, is reportedly raising private capital for the first time in its history, according to the DealBook newsletter. The firm is said to be seeking $10 billion at a valuation of $130 billion, marking a significant shift for a company that has until now been funded almost…
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Xbox boss Asha Sharma pins layoffs on Phil Spencer’s regime spreading the company “too thin”, while claiming a “a healthy Xbox” could weather the RAM storm
Xbox chief Asha Sharma has publicly attributed the company’s recent cuts — roughly 1,600 job losses and the closure of five studios earlier this week — to strategic missteps made under her predecessors. In an interview with Fortune, she said Xbox had made too many growth-oriented “bets” that drew focus away from its core business,…
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Microsoft is reportedly considering making more of its first-party games exclusive to Xbox
According to a new Bloomberg report, Microsoft is reportedly considering making more of its first-party games exclusive to Xbox consoles, moving away from its recent strategy of releasing titles across as many platforms as possible. The reported shift is intended to give consumers a clearer reason to choose Xbox hardware over rival brands, and it…
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Apple reportedly testing RAM chips from US-blocked Chinese company
Apple has reportedly begun testing DRAM memory chips made by ChangXin Memory Technologies (CXMT), a Chinese manufacturer recently added to a US Defense Department blacklist, for use in devices intended for sale within China. According to the Financial Times, Apple has progressed to testing the chips even as it continues to lobby the US government…
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Severn Trent spared Ofwat fine after ‘serious’ waterwaste and sewage failures
Regulator found ‘unacceptable’ breaches in water company’s handling of drainage and sewage networkBusiness live – latest updatesThe water company Severn Trent has been spared a fine by the industry regulator despite “serious and unacceptable breaches” in its handling of wastewater and sewage.The watchdog, Ofwat, which has been investigating how wastewater and sewage networks are managed…