Latest in Advertising Firms Omnicom and Interpublic Nearing Merger That Would Reshape Industry
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Advertising revenues set to hit $1tn in market dominated by tech groups
Google, Meta, ByteDance, Amazon and Alibaba expected to earn more than half the annual totalFinancial Times - 2d -
Omnicom and Interpublic in merger talks to become largest advertising group
A $30bn-plus deal would come as most of the money in the industry is being siphoned off by big tech companiesFinancial Times - 3d -
Advertising Firms Omnicom and Interpublic Nearing Merger That Would Reshape Industry
A deal would create the world’s largest advertising company, with net revenue of more than $20 billion, topping WPP’s $15.1 billion.The Wall Street Journal - 3d -
Who would pay for Trump's promised tariffs? You will!
Trump wants to impose across-the-board tariffs on imported goods from both allies and adversaries, claiming it's other nations who will pay such taxes to the U.S. Treasury. But it's American ...CBS News - 3d -
End of Assad rule will reshape region's balance of power
The end of the Assad family's five-decade rule will reshape the balance of power in the region, but many uncertainties lie ahead.BBC News - 3d -
UK regulators urged to make City firms report data on ‘class ceiling’
Letter from campaigners calls for mandatory reporting of socio-economic backgroundsFinancial Times - 3d -
Director claimed £50k Covid loan then closed firm
The Insolvency Service says there is no evidence the company had ever traded.Yahoo Sports - 4d -
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What would DeSantis stand to gain as defense secretary?
Florida Gov. Ron DeSantis is in the mix to be President-elect Donald Trump's next defense secretary pick should Pete Hegseth withdraw. Political strategists Mariel Sáez and Erin Perrine join ...CBS News - 6d -
Millions hurt by credit repair firms to share $1.8 billion in refunds
Payments to victims of Lexington Law and CreditRepair.com are the largest yet by Consumer Financial Protection Bureau.CBS News - 6d -
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Vodafone-Three UK merger set to ring changes on Britain’s mobile landscape
Deal will reduce number of operators in the country from four to threeFinancial Times - 6d -
China sanctions US defense firms over Taiwan arms sales
China on Thursday sanctioned 13 U.S. defense firms over arms sales to the self-governing island nation of Taiwan. The companies targeted by China are smaller defense tech firms that have worked on ...The Hill - 6d -
The UC Berkeley Project That Is the AI Industry's Obsession
Chatbot Arena ranks the world’s best AI models on a leaderboard based on user voting in head-to-head competitions between bots.The Wall Street Journal - 6d -
China Slaps Sanctions on 13 U.S. Defense Firms
The largely symbolic move is in response to the Biden administration’s latest arms sales to Taiwan, the island democracy that China considers its own.The New York Times - 6d -
Vodafone-Three Merger Gets Conditional U.K. Clearance
The Competition and Markets Authority said the deal will likely boost competition in the U.K. mobile sector, but would only proceed if both companies implement certain conditions.The Wall Street Journal - 6d -
British regulators approve $19 billion Vodafone-Three mobile merger
British regulators said the tie-up can proceed if both companies sign "binding commitments to invest billions" to roll out a 5G network across the U.K.CNBC - 6d -
A Jeweler in Tokyo Reshapes Clients’ Keepsakes
When customers began asking Sae Asaoka to remake their jewelry, her new brand, called Sitate, was born. The word means “custom made” in Japanese.The New York Times - 6d -
Vodafone boss says prices won't rise after Three 'mega-merger'
The deal, which creates the UK's biggest mobile network, has had to overcome competition concerns.BBC News - 6d -
AI Hits a Wall: What This Means for the Tech Industry
AI commercialization is a game of musical chairs and the music has stopped. For now.Inc. - 6d -
Lobbying firm with ties to Trump appears poised to profit from new administration
Ballard Partners, whose founder has personal ties to Donald Trump, seems poised to profit from Trump's return to Washington, raising concerns from some ethics experts.ABC News - Dec. 4 -
Would Ron DeSantis want to be secretary of defense?
Florida Gov. Ron DeSantis' name is being floated to replace Pete Hegseth as President-elect Donald Trump's pick for secretary of defense, but does he want to take the role? CBS News' Olivia Rinaldi ...CBS News - Dec. 4 -
Who Would Replace South Korea’s President Yoon?
Prime Minister Han Duck-soo would take over if President Yoon Suk Yeol steps down or is impeached.The New York Times - Dec. 4 -
Tiger Woods has no firm answers on a deal with Saudis or his future as a player
Tiger Woods doesn't have a clear view of the future, whether that's his playing schedule for the PGA Tour's negotiations with the Saudi funders of LIV GolfABC News - Dec. 3 -
Trump says he'll block controversial U.S. Steel acquisition by Japanese firm
President-elect Donald Trump said he would block the proposed acquisition of U.S. Steel by the Japanese Company Nippon Steel. President Biden is yet to decide on the sale that has faced bipartisan ...CBS News - Dec. 3 -
Alex Mashinsky: founder of bankrupt crypto firm to plead guilty to fraud
Mashinsky, 59, who led Celsius and was charged last year on seven criminal counts, agrees to plead guilty to two. Alex Mashinsky, the founder of bankrupt cryptocurrency lender Celsius Network, said ...The Guardian - Dec. 3 -
Secret Service fired at suspects near Yellen’s home
A Secret Service agent fired at suspects who were attempting to open car doors near Treasury Secretary Janet Yellen’s home in Washington, D.C., early Tuesday morning, a spokesman said in a ...The Hill - Dec. 3 -
Audit firms sharpen knives for oversight panel under Trump
Threat to accounting board is greatest since it was created in the wake of the Enron audit scandal, accounting veterans sayFinancial Times - Dec. 3 -
Skip the lectures: Black voters would rather be heard
If you want to win our vote, and if you want to save democracy, don’t show up at our door on the eve of the election.The Hill - Dec. 3 -
Europe must make a choice on the steel industry
There is considerable investment into the green transition waiting to be activated, once policy clarity is achievedFinancial Times - Dec. 3 -
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Ex-paddleboard firm owner in court after deaths
Nerys Bethan Lloyd, 39, is charged with gross negligence manslaughter after four people died.BBC News - Dec. 3 -
Why Europe's Vaunted Car Industry Is in Crisis
Europe’s carmakers used to rule the world but now they are fighting battles at home and abroad.The Wall Street Journal - Dec. 3 -
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Trump says he will block Japanese firm's takeover of U.S. Steel
President-elect Donald Trump said Monday that he would block a Japanese company’s $15 billion bid to acquire U.S. Steel.NBC News - Dec. 3 -
Is OpenAI Getting Into the Advertising Business? The Company Is Sending Mixed Messages
The AI giant’s CFO says it’s looking into ads, but adds that it has no active plans as yet.Inc. - Dec. 2