Business news
- ICEBlock developer sues U.S. government after DOJ demanded Apple remove app from store - The developer of the ICEBlock app sued the U.S. government for alleged free speech infringements.
- Asia-Pacific markets mostly lower following Wall Street losses ahead of Fed rate decision - The U.S. Federal Reserve starts its meeting Dec. 9 stateside, with the decision expected on Dec. 10.
- Trump greenlights Nvidia H200 AI chip sales to China, says Xi responded positively - TechTrump greenlights Nvidia H200 AI chip sales to China, says Xi responded positivelyPublished Mon, Dec 8 20254:40 PM ESTUpdated 6 Min AgoKevin Breuninger@Kevi
- Here's what to expect in Paramount's quest to elbow out Netflix and buy Warner Bros. Discovery - Paramount's all-cash tender offer sets up a potentially months-long battle with Netflix to convince WBD shareholders which bid is best.
- Pressure builds on Apple and CEO Tim Cook with holiday executive shakeup - Apple has seen extraordinary turnover in its top ranks over just the past week.
- Comcast president outlines unsuccessful WBD offer and future of NBC's Peacock - Comcast made multiple offers for Warner Bros. Discovery's streaming and studio assets before Netflix was deemed the winning bidder.
- Tiger Global launches new fund eyeing between $2 billion and $3 billion as it takes more disciplined approach - Tiger first invested in OpenAI in 2021 at a valuation of less than $16 billion and in Waymo that same year at $39 billion.
- Paramount Skydance launches hostile bid for WBD after Netflix wins bidding war - Netflix won a bidding war for the Warner Bros. film studio and HBO Max streaming service, but it doesn't plan to buy WBD's TV networks.
- IBM acquiring Confluent in $11 billion all-cash deal - IBM will pay $31 per share in cash for all of the issued and outstanding common shares of the Confluent.
- Berkshire Hathaway's Todd Combs, investment lieutenant to Buffett and Geico CEO, is leaving for JPMorgan - MarketsBerkshire Hathaway's Todd Combs, investment lieutenant to Buffett and Geico CEO, is leaving for JPMorganPublished Mon, Dec 8 20256:04 AM ESTJohn Melloy@j