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SpaceX doubles revenues on Anthropic and Google compute deals, Starlink growth
SpaceX has doubled its revenue year-on-year, driven largely by the growth of its Starlink satellite internet service and new deals renting out computing power to AI firms Anthropic and Google. The results, disclosed in the company’s first quarterly earnings report since going public, offer an early look at the financial performance behind what was the…
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Lainey Wilson To Help Raise Funds for Marty Stuart’s Country Music Museum With Benefit Shows
Country star Lainey Wilson is set to perform two benefit concerts on 20 October at the Ellis Theater in Philadelphia to raise money for Marty Stuart’s Congress of Country Music, a planned museum and campus dedicated to preserving country music history. Stuart, a Grand Ole Opry and Country Music Hall of Fame member with a…
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PIF-led consortium completes $55bn take-private of Electronic Arts
Electronic Arts has officially completed its move to private ownership, with the $55 billion all-cash takeover by Saudi Arabia’s Public Investment Fund (PIF), Jared Kushner’s Affinity Partners and Silver Lake closing at the end of trading on 4 August 2026. The deal followed EA’s confirmation via a US Securities and Exchange Commission filing that all…
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EA Has Officially Been Sold, And What Comes Next Could Be Painful
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Paramount Reports Mixed Earnings Results With Warner Bros. Takeover In Limbo
Paramount reported mixed second-quarter earnings on Tuesday, even as its planned takeover of Warner Bros. Discovery remains stalled amid legal challenges. CEO David Ellison sought to reassure investors that the company continues preparing for the tie-up while executing its standalone strategy, though the deal’s fate now hinges on antitrust litigation that will not go to…
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Blanche picks up key GOP support but some swing votes undecided
Two previously undecided Republican senators, Sens. John Curtis (R-Utah) and Jon Husted (R-Ohio), on Monday committed to supporting Todd Blanche’s nomination for attorney general after receiving adquate assurances about their concerns. The Senate Judiciary Committee approved Blanche’s nomination Tuesday morning after weeks of tussling between two Republicans on that panel and the Department of Justice…
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Albanian bus driver sobbed ‘I’ve killed her’ after mowing down property executive outside London Victoria Station, court hears
An Albanian bus driver sobbed “I’ve killed her” after her double-decker struck and killed a property executive outside London Victoria Station, a court has heard. Mirsime Berisha, 49, is on trial at Southwark Crown Court accused of driving that fell below the standard expected of a competent and careful driver in the moments before the…
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Hearst takes full ownership of A+E Global Media in $1.2bn Disney buyout
Hearst has finalised a deal to buy Disney’s 50% stake in A+E Global Media for $1.2 billion in cash, giving Hearst full ownership of the company behind Lifetime, History Channel and A&E Network. The agreement ends a 50-50 partnership that had lasted more than a decade and represents a significant expansion of Hearst’s presence in…
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EA is now a private company
Electronic Arts has officially become a private company after an investor group led by Saudi Arabia’s Public Investment Fund (PIF), Silver Lake and Affinity Partners completed its $55 billion (£43 billion) acquisition of the games publisher. The deal, first announced last September, closed on Tuesday and marks the largest leveraged buyout in history, raising questions…
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Paramount “Fully Expects” WBD Merger To Close As It Reports Q2 Streaming Gains, Linear Challenges
Paramount reported mixed second-quarter results, roughly a year after Skydance’s takeover of the company, with strong streaming growth offset by ongoing declines in linear television and tough comparisons in theatrical revenue. The results landed just as a judge set a March trial date for the antitrust case brought by state attorneys-general against Paramount’s proposed merger…