Antitrust

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Google Hit by EU Abuse of Dominance Probe Over AI Tools

Google has been hit by a European Union probe over suspicions the US tech giant is abusing its market power in its rollout of artificial intelligence, days after Meta Platforms Inc. was targeted by a similar probe.

By Samuel Stolton

Shipping Dynasties, Royalty Back Modern Sails to Cut Fuel Use

Asian and Norwegian shipping dynasties are among investors offering support for modern-day sail technology that claims to have potential to slash the amount of fuel needed by vessels.

Paramount Ups Warner Bros. Bid With Trump Son-in-Law at Side

The fight over the future of Hollywood just got nastier.

Abra Group Confidentially Submits Draft IPO Registration to SEC

Abra Group announced that it confidentially submitted a draft registration statement with the Securities and Exchange Commission for a proposed initial public offering of its ordinary shares in the US.

Carlyle Is Said to Lead Bidding for Japan’s Hogy Medical

US buyout firm Carlyle Group Inc. has emerged as the frontrunner to acquire Hogy Medical Co., people with knowledge of the matter said, in a potential takeover that’s set to add to a Japanese dealmaking boom.

Paramount’s Streaming Size Would Ease US Antitrust Review

Just hours before Paramount Skydance Corp. Chief Executive Officer David Ellison launched a hostile bid for Warner Bros. Discovery Inc., he hobnobbed in Washington with some of the federal government’s heaviest hitters.

Kushner, Apollo, Billionaire Dad Power Hostile Warner Bros. Bid

The US president’s son-in-law. One of the largest alternative-asset managers. The CEO’s father who fleetingly commanded a fortune exceeding Elon Musk’s.

Traders Snap Up Warner Bros. Options, Avoiding Long-Term Wagers

Options on Warner Bros. Discovery Inc. shares had the second-busiest day ever after the fight to take over the media conglomerate heated up on Monday. In a telling sign, however, traders avoided long-term wagers on the company’s fate.

Centerview, RedBird Advise Paramount on $108 Billion Netflix Bid

Paramount Skydance Corp. is relying on Centerview Partners and RedBird Advisors for lead financial advice in its hostile takeover bid for Warner Bros. Discovery Inc.

Trump Wants To See Market Share on Paramount’s Warner Bros Bid

President Trump says he wants to see “what percentage of market they have” when asked about Paramount Skydance’s hostile bid for Warner Bros. Discovery.