Latest Corporate News
Netflix to acquire Warner Bros. Discovery in $83B deal
Netflix announced a definitive agreement to acquire Warner Bros. Discovery in a nearly $83 billion deal that includes HBO and HBO Max, reshaping the global entertainment landscape . The move follows a months-long bidding war with Paramount as the other front-runner
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EU fines Elon Musk’s X €120M under Digital Services Act
The European Commission imposed a €120 million fine on Elon Musk’s platform X for alleged violations of the Digital Services Act, marking the first penalty under the law . The fine is well below the maximum 6% of global turnover allowed under the rules
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Cloudflare outage disrupts major websites
A Cloudflare outage on Friday affected websites including Zoom, Canva, Fortnite, League of Legends, and LinkedIn, highlighting internet reliance on a few content delivery networks . Experts warn this creates single points of failure for the global internet infrastructure
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Euroclear criticizes EU’s Ukraine reparations loan plan
Euroclear, the custodian of immobilized Russian assets, has criticized the EU’s proposal to use those assets for a zero-interest loan to Ukraine as fragile and risky . Belgium, where Euroclear is based, is seen as a key player in the upcoming debate on Ukraine funding
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Omnicom Health integrates after IPG acquisition
Five days after Omnicom completed its acquisition of IPG, employees in the Omnicom Health structure are seeking clarity on return-to-office policies, severance, and other changes . The integration phase is raising questions about cultural and operational alignment
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