Paramount and Warner Bros. Discovery will operate as Skydance once their merger closes, Paramount CEO David Ellison announced Friday. Skydance is the name of Ellison’s original film production company.
OpenAI has bought smartphone camera maker Glass Imaging in a deal worth over $300 million, according to a report from The Wall Street Journal. The company, founded in 2019 and based in Los Altos, California, had previously raised about $30 million in funding from investors.
Bending Spoons is continuing its trend of buying once-sought-after software companies for pennies on the dollar. This time, the Italian company is buying Miro for $1.36 billion in cash (equity value of $1.79 billion), a mighty dip in valuation for the once-hot workplace collaboration startup that was awarded a price tag of $17.5 billion in…
The Justice Department sent Fox and Roku what’s known as a “second request” on Tuesday, asking the companies to turn over more data and documents as it takes a closer look at the deal. That’s a fairly standard step in a major antitrust review, but it also means the DOJ has more questions than it…
