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Amazon.com
Amazon strikes ad data deal with Reach as Google kills off cookies
...Other media groups are also looking at deals involving their customer data, according to industry executives....
February 5, 2024
Abrdn Plc
Abrdn shareholders urged to reject pay report over new CFO’s £675,000 salary
...He previously worked at insurance group Aviva for more than a decade....
April 4, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Grant Thornton LLP
Grant Thornton’s retired partners demand bigger payout from private equity sale
...: “While we continue to explore other options, we will wait for Seth and his leadership team’s response before further reaction.”...
March 29, 2024
Google LLC
Google considers charging for AI-powered search in big change to business model
...These kinds of search results, which include an “AI-powered snapshot”, are more costly for Google to serve up than its traditional responses because generative AI consumes a lot more computing resources....
April 3, 2024
Technology sector
Thiel, Bezos and Zuckerberg join parade of insiders selling tech stocks
...Amazon founder Bezos sold 50mn shares worth $8.5bn in the ecommerce group in February....
March 24, 2024
Trump Media & Technology Group
Ken Griffin’s trading firm blasts Trump Media boss as ‘loser’
...Devin Nunes, chief executive of Trump Media & Technology Group, wrote to the head of the Nasdaq exchange this week “to bring your attention to potential market manipulation” of the company’s stock, according...
April 19, 2024
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
Paramount Global
Sony and Apollo discuss teaming up to bid for Paramount Global
...US private equity group Apollo Global is in discussions with Sony Pictures Entertainment about making a joint takeover bid for Paramount Global that would rival ongoing talks between controlling shareholder...
April 19, 2024
Telegraph Media Group Ltd
Telegraph takeover by RedBird IMI faces regulatory probe
...Any decision to sell would likely also need to involve the Barclay family, which remains the technical owner of the Telegraph Media Group....
March 19, 2024
LexEndeavor
Endeavor’s deal is a fitting end to a sorry show Premium content
...They certainly should after the entertainment group announced a long-expected go-private sale to its existing majority shareholders this week. The deal values Endeavor’s equity at $13bn....
April 3, 2024
Technology sector
Australia threatens action against Meta after Facebook news payments axed
...That was in response to the introduction of a law that allowed the government to potentially fine tech companies millions of dollars if they refused to pay for media content....
March 1, 2024
Walt Disney Co
Top proxy adviser Glass Lewis backs Disney’s Iger in Peltz fight
...for the entertainment group are “superior”....
March 18, 2024
Telegraph Media Group Ltd
UK government considers changes to the law to block Telegraph takeover
...Group by Abu Dhabi-backed RedBird IMI....
March 11, 2024
Rana Foroohar
Content creators fight back against AI
...One recent study by researchers from Columbia University, the University of Houston and the Brattle Group consulting firm quantified the shortfall....
January 8, 2024
Cruise LLC
GM’s driverless car unit Cruise probed over dragging incident
...But they did not update its statement to the press once new information emerged or show the full video of the incident, which the report attributed to “a myopic focus on correcting the initial inaccurate media...
January 25, 2024
Endeavor
Talent agency Endeavor to go private in $13bn deal with Silver Lake
...As part of the transaction, Endeavor became a separate talent agency with other businesses spanning sports media rights and data analytics, but kept a controlling stock interest in the merged combat sports...
April 2, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
EU tech regulation
EU probes Apple, Meta and Alphabet under landmark new law
...It also opened proceedings against Meta over whether the group’s new “pay or consent” subscription model complied with the DMA requirement for gatekeepers to obtain user agreement to “combine or cross-use...
March 25, 2024
Argus Media Ltd
Argus Media head becomes majority owner as Hg sells stake
...Last year private equity group Francisco Partners agreed to buy financial data provider Macrobond for almost €700mn, while in 2022 Permira gained control of Reorg in a deal that valued the distressed debt...
January 22, 2024
Disrupted Times
Brussels blasts Big Tech
...Need to know: business Novo Nordisk announced a €1bn deal for a German biotech developing therapies to treat heart disease, as the Danish group seeks to branch out from its blockbuster diabetes and weight...
March 25, 2024
Due Diligence
Tiger Global readies for new private bets Premium content
...Dechert has hired Brian Miner as a partner in its corporate and securities practice group. He joins from Schulte Roth & Zabel, where he co-chaired its M&A and securities group....
March 1, 2024
Artificial intelligence
AI boom sparks concern over Big Tech’s water consumption
...Shaolei Ren, an associate professor at UC Riverside, has suggested that requesting between 10 and 50 responses from the company’s popular ChatGPT chatbot running on its older model GPT-3 would equate to...
February 25, 2024
The Big Read
How Google lost ground in the AI race
...There are signs that Google is ready for a more concerted response....
April 5, 2024
Due Diligence
Apollo’s expense scandal gets another day in court Premium content
...One scoop to start: Formula One owner Liberty Media is in exclusive talks to buy the company that owns MotoGP for more than €4bn, in a deal that would unite the elite car and motorcycle racing series, according...
March 28, 2024
Elon Musk
Brazil threatens to regulate social media after clash with Elon Musk
...It is a response in defence of Brazil,” he said....
April 7, 2024
The Big Read
How AI is transforming the business of advertising
...Media groups more focused on traditional forms of advertising are already feeling the effects....
February 11, 2024
Telegraph Media Group Ltd
Barclay family regains ownership of Telegraph title during UK probe
...The media group emerged from receivership after six months in the hands of its lender Lloyds Banking Group after the family used cash provided by RedBird IMI to pay off its bad loans....
December 4, 2023

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