In a surprising turn of events, it has been confirmed that Sony Picture Entertainment CEO Tony Vinciquerra has been in discussions with Apollo Global Management regarding a possible acquisition of Paramount. This move marks a significant shift from the rumors of Sony being a target for acquisition a few years back. The potential deal between
Netflix recently announced a significant shift in its reporting strategy by stating that they will no longer provide quarterly membership numbers or average revenue per user starting next year. This decision comes as the company reported earnings that surpassed expectations on both the top and bottom lines. The total memberships for the quarter rose by
A groundbreaking treatment candidate for amyotrophic lateral sclerosis (ALS) has shown promising results in the phase IIb PARADIGM trial. Developed as a formulation of two FDA-approved drugs, ciprofloxacin and celecoxib, PrimeC demonstrated positive safety outcomes for ALS patients, with similar results to those treated with a placebo. Massachusetts General Hospital’s Merit Cudkowicz, MD, MSc, presented
The recent re-arrest of Nicola Sturgeon’s husband, Peter Murrell, in connection with a police investigation into the Scottish National Party’s funding and finances has brought renewed attention to the ongoing probe. This development comes more than a year after Murrell was initially arrested and subsequently released without charge. The investigation, dubbed Operation Branchform, has been
The prosecutors in the New York hush money trial have accused former President Donald Trump of violating the gag order multiple times on social media. This has raised concerns about the integrity of the trial and the potential influence on the jury selection process. The most alarming post shared by Trump was a claim by
China’s Ministry of Commerce strongly condemned the U.S. investigation into its maritime, logistics, and shipbuilding industries, labeling it as a “mistake on top of a mistake.” The ministry argued that the U.S. itself provides significant amounts of discriminatory subsidies to its domestic industries while accusing China of unfair practices. The Chinese ministry emphasized that the
Altstore PAL, the first third-party iPhone app store, has been launched in Europe, offering users an alternative app marketplace to access apps not available on the official App Store. Developed by Riley Testut, Altstore PAL currently features two applications – Delta, a Nintendo emulator, and Clip, a clipboard manager. While Delta is available for free,
In a recent internal email sent out by Tesla CEO Elon Musk, it was brought to light that the company had erroneously sent out severance packages that were too low to a number of laid-off workers. This mistake was acknowledged by Musk himself, apologizing for the error and ensuring that it would be corrected immediately.
The United States Justice Department has agreed to pay around 100 victims of disgraced former Team USA doctor Larry Nassar approximately $100 million for the FBI’s failures to properly investigate reports of Nassar’s sexual assaults against America’s top gymnasts and others, as reported by the Wall Street Journal. This settlement would bring the total amount
Tesla, the electric vehicle manufacturer, has announced that it will be laying off 285 employees in the state of New York as part of a broader restructuring plan. This decision comes after CEO Elon Musk sent out a company-wide memo stating that more than 10% of the global workforce would be reduced. The majority of