Before Electronic Arts goes private in a groundbreaking sale, some US lawmakers are pleading for some federal oversight.
After years of uncertainty over TikTok's future in the United States, a deal for the app's US business has been finalized. The new US entity is called TikTok USDS Joint Venture.
Vimeo just got hit by a brutal round of layoffs, according to a report by Business Insider.
Paramount Skydance CEO David Ellison is apparently still hopeful that investors will approve his $108.4 billion hostile takeover of Warner Bros. Discovery. Paramount Skydance announced Thursday that it's extending its all-cash offer to acquire the storied studio, and giving investors until February 20, 2026 to accept.
On the heels of Mark Zuckerberg announcing that Meta's former board member, Dina Powell McCormick, would be formally joining the company as president and vice chairman, the CEO has shared new details about her purview at the company. The executive will play a key role overseeing Meta's sprawling infrastructure investments as part of a newly announced initiative called Meta Compute.
In a unanimous written determination, the Warner Bros. Discovery's board is advising shareholders to once again reject Paramount Skydance's "inadequate" hostile takeover bid.