News Corp Swings to Loss Amid Revenue Drop, Book-Publishing Struggles
CEO says news publisher is in talks with AI companies to establish the value of its content.
Yaccarino Says X Is Watching Threads but Has Its Own Vision
The CEO who started in June says the platform has “an entirely different road map” for the future.
Supreme Court Blocks Purdue Pharma’s $6 Billion Sackler Opioid Settlement
Justices will examine if bankruptcy courts can force claimants to sign away their legal rights in a settlement.
Rio Tinto to Build Large Solar Plant in Canada’s Northwest Territories
Rio Tinto will build Canada’s largest solar power plant in the Northwest Territories to provide energy to its diamond mine there.
Gold Miner Newcrest’s Annual Profit Falls
Newcrest Mining reported an 11% fall in annual profit, mainly because of a lower copper price, higher depreciation and increased operating costs.
Diamonds Are on Sale. They Won’t Be Forever.
A postpandemic glut has led to falling prices for some gems, but they are likely to bounce back.
Cruise, Waymo Get Approval to Expand Driverless Vehicles in San Francisco
California regulator votes to allow autonomous car companies to add cars and charge for rides.
Access Holdings Taps Co-Investment Appetite, Gathering $805 Million
The midmarket firm’s second commingled fund includes around $280 million in co-investment capital committed across two deals.
NFL to Raise Price of NFL+ Streaming Packages as It Adds NFL Network, RedZone
The cost of NFL+ premium will increase by 50% to $14.99, while NFL+ standard will rise by about 40% to $6.99.
Russian Tech Giant’s Co-Founder Speaks Out Against Ukraine War
Former Yandex chief executive Arkady Volozh condemned the invasion as barbaric.
Source: Dow Jones Newswires