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...“Over the past decade, a substantial portion of our website traffic, subscriber base, inbound requests, and social media traffic have come from people in Europe — a clear signal of the strong interest and...
...Other media groups are also looking at deals involving their customer data, according to industry executives....
...Thompson managed a similar turnaround at his previous job at The New York Times, where he helped transform a legacy newspaper into a digital-first media group....
...Glass Lewis said it was “unable to recommend that shareholders support this proposal at this time”....
...But he has increased selling this year as its stock hit all-time highs. In early February, he sold 291,000 shares for $135mn, his first sale of that size since November 2021....
...[Enlarge] Further reading:— Alert: Alphaville LLC issues new research report on Duchy of Cornwall (FTAV)— Greenland: Alphaville put on its sellside hat for the deal of the century (FTAV)— Alphaville LLC...
...Paramount questioned the financing of Apollo’s bid and refused to engage with the New York-based private equity group. The New York Times first reported the talks between Sony and Apollo....
...The £600mn takeover of the Telegraph Media Group by Abu Dhabi-backed RedBird IMI could face an in-depth regulatory review, giving the UK government more time to change the law to formally block the deal...
...In that time, shares in music promoter Live Nation have jumped almost 30 per cent....
...His government said it would “work through all available options under the News Media Bargaining Code”....
...At the end of 2023, the New York Times sued OpenAI and Microsoft for copyright infringement. The cost of developing generative AI software is already high....
...If the deal becomes unviable due to political opposition, RedBird IMI would be forced to either bring in new money to dilute its ownership of Telegraph Media Group or seek to sell the newspaper....
...Donald Trump’s social media company scrambled to find a new auditor after its first pick resigned after just a few months on the job, according to people familiar with the matter....
...Some good news A new light-activated antimicrobial that kills all bugs in minutes without generating resistance has been adopted by NHS hospitals for the first time in a bid to reduce surgical infections...
...As it is, the New York Times — one of the largest news publishers — is getting a mere $100mn over three years. Now, AI is poised to make even that asymmetric relationship look good....
...How fast can you build a new data centre and will you need that over time — that is an impossible problem to solve.”...
...A new group including Mubadala, Michael Dell’s family office, Goldman Sachs Asset Management and Lexington Partners will also invest cash into Endeavor....
...Car crash Internal disagreements over the direction of the Apple car led the effort to sputter for years before it was cancelled this week, The New York Times reports....
...All of this “substantially raises the bar for change at this time”, the proxy adviser said....
...The EU has launched probes into Apple, Alphabet and Meta in the first use of a landmark new law designed to rein in Big Tech’s market power....
...A new platform and devices team run by Rick Osterloh, senior vice-president of devices and services, will encompass those working on the hardware and software behind Android, the Chrome browser, search and...
...Argus provides more than 11,000 customers with news and price information on energy and commodity markets....
...“And this matters at a time when many parts of the planet are experiencing deep and extended droughts, and fresh drinking water is already a scarce resource.”...
...The news comes at a time when the London office market is divided between competition among tenants for the best quality space but little demand for older or badly located buildings....
...US networks Fox and NBCUniversal reported that advertising revenue was falling, while publishers such as News Corp, The New York Times and the UK’s Reach have posted declines....
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