Billionaire says consolidation should be permitted and adds that ‘allowing Big Tech to run wild’ is inappropriate
Profits jump 39% in what Bob Iger hails as ‘one of the best quarters in the history of our film studio”
Owner rejects accusation it breached agreement allowing the brand to pursue its own social mission
A new hub to manage people’s lives would be a big bet — but it’s not clear what it can bring to the business
FTC chair Lina Khan continues to pursue Big Tech in final days of Biden presidency
The woes of 23andMe highlight consumer concern over privacy issues
Satirical website wins auction for media business controlled by conspiracy theorist Alex Jones
Head of newly formed Jio Star says traditional linear format is still important in the country during streaming era
Facebook is undermining rivals by ‘tying’ its free Marketplace services with the social network, Brussels says
Discrepancy in profitability between US and UK market presents big challenges
Ending consumer subsidies for battery-run cars will lead to wider losses at the electric-car maker’s US rivals
Pandemic-era miscalculations are proving to be very expensive
First nations communities look to bolster income despite Ottawa’s suspicions of Beijing
Plus, buy now, pay later start-up Klarna gets ready for an IPO
Group doesn’t seem to have got the memo that conglomerates have become achingly unfashionable
Media company had claimed intellectual property rights for goods including antiperspirants, tuxedos and biofuels
Some brands had abandoned the site over moderation concerns
US news groups fear president-elect will deliver on campaign threats through regulation, litigation and intimidation
Big Tech deals may have thrown a lifeline to Lumen and its moribund peers
Big Tech group’s Annapurna Labs is spending big to build custom chips that lessen its reliance on market leader
Amsterdam-based food delivery giant offloads unit to US-based Wonder Group for $650mn after buying it for $7.3bn
Plus, an activist takes a stake in Nissan and the $20bn Verizon-Frontier deal goes down to the wire
Contenders for prime slots include a top aide to JD Vance and several former Department of Justice lawyers
US activist investor wants to split the conglomerate’s aerospace and automation businesses
Once-hyped genetic start-up issues latest guidance after reporting further quarterly revenue declines
