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Paramount, Skydance reach tentative agreement for a merger
After months of negotiations, Paramount could accept a final merger offer with David Ellison’s Skydance Media.
Author
L. R.
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Nvidia announces new chip model, outpacing potential competitors
Nvidia’s CEO Jensen Huang announced a new chip planned for 2026 three months after launching a new model.
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OPEC extends oil production cut in desperate attempt to boost prices
OPEC announced a further extension to its year-long oil production cut as global crude prices remain staunchly stable.
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Saudi Arabia sells off Saudi Aramco shares to finance NEOM project
Saudi Arabia continues with its plan to transition away from a fossil fuel-based economy, selling billions of Saudi Aramco shares.
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Skydance ups offer on Paramount merger despite Sony’s $26 billion proposal
David Ellison’s Skydance Media doesn’t want to give negotiations up with Paramount Global despite Sony’s $26 billion rival deal.
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Google invests $2 billion in Malaysia amid tech flood in the region
Google, Microsoft, and other tech giants are investing billions of dollars in Malaysia and Southeast Asia.
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IMF increases China’s GDP growth prediction after strong Q1 performance
China’s GDP could meet its target growth this year, the International Monetary Fund now believes.
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Former OpenAI employee reveals secrets behind Altman ousting
Months after Sam Altman was fired and quickly reinstated as CEO, a former OpenAI member reveals the backstory behind one of tech’s biggest scandals.
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US consumer confidence grows on backdrop of high inflation, interest rates
US consumer confidence grew in May despite a slate of bad economic indicators, from inflation to interest rates.
