Disney has gained the support of activist hedge funds despite attempts to prevent billionaire investor Nelson Peltz from joining its Board of Directors . ValueAct Capital is a San Francisco
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According to Fidelity Mutual Fund, the social media platform X lost 71% of its worth since it was purchased by Elon Musk. Fidelity has marked down its share value by
Germany’s largest news publisher, Axel Springer, has made a groundbreaking agreement with OpenAI, granting them permission to utilize their articles for the purpose of training ChatGPT. OpenAI will pay the
The French media conglomerate Vivendi has proposed splitting into three separate businesses, which would be listed separately. This would be a major revamp led by Vincent Bollore. The Paris-based firm
Netflix, which has long been criticised for its lack of transparency regarding how films and shows perform on their platform, will start publishing an “in-depth” analysis of what its subscribers
UK ministers are to cut about £90mn from the BBC’s annual budget after announcing a smaller than expected increase in the corporation’s licence fee next year given the cost of
Broadcasters on the verge of a drastic decline, as annual shortfalls could rise above £500m.Tim Davie, BBC boss for three years now, is used to the ups and downs of
The Barclay Family has legal ownership of the Telegraph until the end of this year. The potential buyer supported by Abu Dhabi is waiting for the UK Government investigation results
RedBird IMI, backed by Abu Dhabi, has offered to buy the Telegraph and Spectator as part of a deal that will repay the debt owed to Lloyds Banking Group by
The government has stopped advertising on Twitter, a new blow to Elon Musk as the social network faces an exodus from major brands. In recent months, departments have stopped buying ads on Twitter
The government has stopped advertising on Twitter, a new blow to Elon Musk’s social network. In recent months, departments have stopped buying ads on Twitter (now known as X), a social media
Conservative MPs called on the UK government to use its national security laws to investigate attempts by the Barclay Family to regain control of the Telegraph Newspaper Group using Abu
