Seeking to settle a lawsuit with 12 states, Paramount has discussed measures to protect the editorial independence of CNN and the divestiture of Comedy Central.
Category: Mergers, Acquisitions and Divestitures
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Paramount Weighs Some Concessions in Bid to Finalize Warner Bros. Merger
The New York Times – Business: -
Justice Dept. Investigates Nvidia Deal With Groq
The New York Times – Business:The Justice Department is examining whether the tech giant sought to sidestep antitrust scrutiny.
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Nvidia Extends A.I. Spending Spree With $12.9 Billion Deal for Hugging Face
The New York Times – Business:The acquisition of the start-up is an indication of Nvidia’s growing role as Silicon Valley’s central banker and its emphasis on open-source technology.
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Why the Courts Struggle to Tame Big Tech
The New York Times – Business:After finding antitrust violations, federal courts have been reluctant to impose harsh sanctions. They fear meddling in markets where technology is racing ahead.
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Trump’s Venezuelan Oil Deal Relies on a Powerful and Divisive Partner
The New York Times – Business:The administration will work with a private Venezuelan oil company that has close ties to the country’s government.
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Forbes Suspends Shook Research Rankings as It Investigates $6 Million Payment
The New York Times – Business:The magazine, which is reviewing a payment from the founder of Shook Research to its former top editor, also canceled a summit in Las Vegas scheduled for October.
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Research Firm’s Founder Explains $6 Million Payment to Fired Forbes Editor
The New York Times – Business:RJ Shook of Shook Research said he paid Randall Lane, the former top editor at Forbes, for “services and guidance” in partnering with Forbes and later selling his research firm.
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Los Angeles Dodgers Owner’s Troubles Roil Insurance World
The New York Times – Business:Federal investigations of Mark Walter’s business empire have put a spotlight on private-equity-owned insurers that invest premiums in risky assets.
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Netflix, YouTube and Amazon Want You to Watch Everything From One App: Theirs
The New York Times – Business:YouTube is racing to catch up to Amazon, which already offers users the chance to subscribe to services like HBO Max from within its app. Netflix is increasingly open to the idea, too.
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California Cancels Talks With Paramount Over Warner Bros. Merger
The New York Times – On the Runway:The attorney general of California, one of 12 states suing to block the $111 billion deal, accused Paramount of leaking and misrepresenting earlier settlement discussions.
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Paramount and California to Hold Preliminary Talks on Warner Bros. Deal
The New York Times – Business:The discussions on Monday are an early effort to resolve a lawsuit that California and 11 other states filed to block Paramount’s $111 billion acquisition of Warner Bros. Discovery.
