Engadget : Business, Environment

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.

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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.

Engadget : Business

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.

Engadget : Business

Meta has appointed Dina Powell McCormick, a banking executive and former Republican White House official, as its new president and vice-chairman. The company said McCormick will help guide its overall strategy and execution as a part of the management team.

Engadget : Crypto

Your neighborhood GameStop might be on the chopping block, along with more than 400 other retail locations across the US.

Engadget

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.

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Meta has acquired an AI startup called Manus — known for its custom research and website-building agents — in a deal valued at more than $2 billion, according to