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Reservoir acquires catalogs of Latin music company Nacional, strikes JV to develop artists & songwriters
Reservoir Media has acquired the catalogue of independent label Nacional Records and its publishing arm, Canciones Nacionales, while also forming a joint venture with the label to sign and develop Latin music artists and songwriters. The move, announced on 16 July, deepens the Nasdaq-listed company’s push into Latin music, one of the fastest-growing segments of…
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Google ordered to open Android and Search to rivals in Europe
The European Union has ordered Google to open up key parts of Android and Google Search to rival companies, in a move that could significantly weaken its grip on two of the most important platforms in tech. The decisions, issued under the bloc’s Digital Markets Act (DMA), require Google to give competing AI assistants and…
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Chip giant TSMC pledges another $100bn to expand US production
Taiwanese chipmaker TSMC has pledged a further $100bn (£74bn) investment in its Arizona manufacturing operations, taking its total US commitment to $265bn in a move welcomed by the Trump administration as a boost for domestic semiconductor production. TSMC, which produces the world’s most advanced chips for firms including Nvidia and Apple, said the expansion would…
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David Goldsen promoted to EVP, A&R at Warner Chappell Music
Warner Chappell Music (WCM) has promoted David Goldsen to Executive Vice President, A&R, the publisher announced on 15 July. Goldsen, based in Los Angeles, will continue reporting to Ryan Press, President of North America at WCM, and the move reflects the company’s recognition of his role in developing successful songwriters over a long tenure at…
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Uber to buy Germany’s Delivery Hero in $14.8bn global deal
Uber has agreed to acquire Germany’s Delivery Hero for $14.8bn (£10.7bn/€12.6bn), a deal that would create one of the world’s largest food delivery groups by combining Uber Eats with Delivery Hero’s brands across 99 countries. The tie-up reflects a wider consolidation trend in the takeaway delivery sector, as companies chase the scale needed to cover…
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Zenimax Online Studios loses senior leaders in fresh Xbox layoffs
Zenimax Online Studios lost several senior leaders as part of a fresh round of Xbox layoffs, deepening concerns about the long-term future of The Elder Scrolls Online. Studio head Joe Burba, executive producer Susan Kath, game director Rich Lambert and production director Ala Diaz all departed, with Microsoft’s cuts removing over 200 jobs from the…
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Sheffield community-owned clean energy company launches shares in first of five power-producing projects
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OnePlus, the ‘Flagship-Killer’ Smartphone Brand, Is All but Dead
The original OnePlus phone disrupted the mobile market 13 years ago with its affordable price and top-end specs. Now, the company is exiting North America and Europe to focus on China.
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OnePlus confirms withdrawal from US and European markets
OnePlus has confirmed it is withdrawing from the US and European markets, ending future product launches in both regions after months of speculation about its retreat. The move marks a significant contraction for parent company Oppo’s OnePlus brand, which is reportedly set to exit India and every other market except China within the next year,…
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Pokémon Unite Officially Dropped From 2027 Pokémon World Championships
The Pokémon Company has confirmed that Pokémon Unite will no longer feature in the Pokémon World Championships from 2027 onwards, ending the MOBA title’s presence at the flagship event. In its place, the company will launch a standalone competition, the Pokémon UNITE Aeos Crown 2027 Tokyo, marking a significant shift in how the game’s competitive…