A recapitalization plan would end News Corp’s dual-class share structure, which gives the Murdoch family outsized control of the company.
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Perplexity is looking for a few hundred million more dollars to scale its burgeoning business — oh, and maybe cover some pesky legal fees.
News Corp subsidiary REA Group abandoned its monthlong quest to take control of Rightmove, which rejected four “unattractive” bids.
On Monday, the Murdoch family was once again asked the $15 billion question: Who will take over the company after Rupert is no longer around?
Adding as many corporate friends as possible is probably helpful in the face of mounting regulator unease.
Hollywood may be rethinking its business model of direct-to-consumer, a la carte streaming services — meaning the bundle may be back.
Unfortunately for the Lachlan Murdoch there is not much by way of peace in the kingdom, and indications are this may be a short reigns.
It’s not enough to have the ear of presidents and governors, if you are propagating lies.
There were plenty of business losers in 2024, but only one for whom the sky was literally falling. In short: Boeing had a bad year.
Luxury brands were riding the subway instead of lounging in limos this year, though a couple of brands were able to buck the trend.
As the dealmaking environment improved in 2024 thanks to the bull market and interest-rate cuts, investment bankers reaped a windfall.