News Corp

Media & Entertainment

Can the Murdochs Hang on to News Corp?

Photo by Tupungato via iStock

A recapitalization plan would end News Corp’s dual-class share structure, which gives the Murdoch family outsized control of the company.

2 min read

Photo by JHVEPhoto via iStock

Artificial Intelligence

Perplexity Wants Its Next Stage of Growth, Legal Troubles Be Damned

Perplexity is looking for a few hundred million more dollars to scale its burgeoning business — oh, and maybe cover some pesky legal fees.

2 min read
Photo by Monika Flueckiger, World Economic Forum via CC BY-SA 2.0

Real Estate

Murdoch’s REA Group Abandons Takeover Bid for Rightmove

News Corp subsidiary REA Group abandoned its monthlong quest to take control of Rightmove, which rejected four “unattractive” bids.

2 min read
Photo by via CC BY 2.0

Media & Entertainment

Activist Investor Calls Out Murdoch Family Drama

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?

2 min read

Artificial Intelligence

OpenAI is Growing a Stable of Allies

Photo by TechCrunch via CC BY 2.0

Adding as many corporate friends as possible is probably helpful in the face of mounting regulator unease.

2 min read

Photo illustration by Connor Lin / The Daily Upside

Media & Entertainment

Can Hollywood Reboot the Bundle?

Hollywood may be rethinking its business model of direct-to-consumer, a la carte streaming services — meaning the bundle may be back.

6 min read
(Photo by Hudson Institute under CC BY 2.0)

Media & Entertainment

Rupert Murdoch Steps Back from Fox, News Corp

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.

2 min read
OP-ED | Power Corridor

Tucker Finally Taught Us Something, After All

It’s not enough to have the ear of presidents and governors, if you are propagating lies.

3 min read

Markets

Salesforce, Colgate Fend Off Wave of Activist Attacks

Image Credit: Ramanathan Kathiresan:Flickr

2 min read

Hedge Funds

Rupert Murdoch Becomes The Lord of The Lord of the Rings

1 min read

Photo illustration by Connor Lin / The Daily Upside, Photo by Marcio Silva via iStock

Economics

Wall Street’s New Year’s Resolution: Launch More IPOs

No matter how you cast your ballot in the presidential election last month, recent history suggests your vote counts for IPOs.

6 min read
Photo by Daniel X. O’Neil via CC BY 2.0

Industries

Posh Soho House Gets Premium Buyout Offer as It Balances Prestige with Scaling Up

The offer would put an 83% premium on Soho’s Wednesday closing price and comes a year after it had to close off admissions in three cities.

2 min read
Photo via Oura

Technology

Smart Ring Maker Oura Doubles Valuation to $5.2 billion

One ring to rule them all… at least, Oura hopes so. On Thursday, it announced a new $200 million funding round.

2 min read

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