Latest in Internet Firm Fortune
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GSK to buy US cancer drug firm IDRx for up to $1.15bn
Massachusetts-based company is working on new treatments for gastrointestinal cancers. Business live – latest updates GSK has struck a deal worth up to $1.15bn (£950m) to acquire a ...The Guardian - Jan. 13 -
Bezos' space firm calls off debut launch of new rocket in final minutes of countdown
Blue Origin has called off the debut launch of its massive new rocket because of technical troubleABC News - Jan. 13 -
The internet wants me to spend £500 on a jumper. How can I say no?
I already have too much stuff – and every time I go online I’m being pushed to buy more. Time to channel my inner deinfluencer. I am uneasily aware that around this time last year I wrote that my ...The Guardian - Jan. 12 -
UK government to crack down on MPs earning extra cash from media firms
Jacob Rees-Mogg and Nigel Farage are among those who have earned large sums from broadcasters, but a tightening of rules on MPs’ outside interests is being considered. MPs would no longer be able ...The Guardian - Jan. 12 -
Transfer rumors, news: Man City make firm move for Marmoush
Manchester City are on the verge of signing striker Omar Marmoush from Eintracht Frankfurt. Transfer Talk has the latest news, gossip and rumors.ESPN - Jan. 11 -
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Tiny French town left €10m fortune by a man who had never been there
Thiberville in Normandy receives windfall worth five times annual budget from a Paris resident who was named after it. Throughout Roger Thiberville’s long life, he never once visited the Normandy ...The Guardian - Jan. 11 -
Starmer aide to receive dividends from corporate advisory firm Hakluyt
Varun Chandra still holds majority of his previous stake in the group despite joining Downing Street in JulyFinancial Times - Jan. 9 -
The Internet’s Future Is Looking Bleaker By the Day
While Meta enacts the X playbook, TikTok is on the verge of being declared illegal. Who wins? Probably not internet users.Wired - Jan. 9 -
AI-generated ‘slop’ is slowly killing the internet, so why is nobody trying to stop it? | Arwa Mahdawi
Low-quality ‘slop’ generated by AI is crowding out genuine humans across the internet, but instead of regulating it, platforms such as Facebook are positively encouraging it. Where does this end?. ...The Guardian - Jan. 8 -
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AT&T to Credit Customers After Internet Outages
The announcement follows a year of high-profile internet blackouts that hit several companies.The New York Times - Jan. 8 -
Bottom Line: Palantir taps Trump-tied firm as it chases government contracts
Defense Palantir Technologies has hired Miller Strategies to lobby on issues related to defense policy and appropriations. The U.S. government has awarded Palantir nearly $2.5 billion in contracts ...The Hill - Jan. 8 -
Warren Buffett Has Already Announced the Beneficiaries of His Fortune After He Dies—and His Pal Bill Gates Isn’t One of Them
The vast majority of Buffett’s wealth will go to the same place.Inc. - Jan. 8 -
Taiwan Suspects a Chinese-Linked Ship of Damaging an Internet Cable
The Taiwanese Coast Guard said seven Chinese nationals were aboard a ship suspected of causing the damage.The New York Times - Jan. 8 -
Shein lawyer refuses to tell MPs if fashion firm uses Chinese cotton
Yinan Zhu declined to say whether it retailer's suppliers used Chinese cotton amid concerns over forced labour.BBC News - Jan. 7 -
U.S. Steel CEO appeals to Trump after Biden blocks deal with Japanese firm
President-elect Trump has also opposed Nippon Steel's $15 billion acquisition of U.S. Steel, which President Biden blocked last week.NBC News - Jan. 7 -
Jeans brand True Religion acquired by PE firm, American Eagle-linked investment firm
True Religion, the Y2K-era jeans brand in the midst of a comeback, has been acquired by private equity firm ACON Investments and its partner SB360 Capital.CNBC - Jan. 7 -
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Chinese Vessel Cuts Taiwan Internet Cable in Apparent Sabotage
The incident caused only minimal disruption of service but sent a message about the vulnerability of the island and its internet.The Wall Street Journal - Jan. 6 -
Firms to raise prices due to tax and wage increases
Consumers could face higher costs in the coming months amid falling confidence among UK businesses.BBC News - Jan. 6 -
UK firms plan price rises as business confidence falls to lowest level since 2022 ‘mini-budget', survey finds
Firms across hospitality, manufacturing, construction and healthcare expressed concerns about how they would cover additional tax costs.CNBC - Jan. 6 -
Ryan Seacrest spins ratings gold as new host of 'Wheel of Fortune'
Replacing a game show host isn't easy. But ratings are up for 'Wheel of Fortune' after Pat Sajak's departure.Los Angeles Times - Jan. 6 -
The Gen Z problem for audit firms
The profession is finding it harder to attract and retain staff — a key factor in the quality of inspectionsFinancial Times - Jan. 6 -
Amazon aims to branch into UK internet market with satellite broadband plan
Proposed space launches within next two years could ultimately deliver mobile phone signal even to most remote areas. Amazon is hoping to offer a satellite broadband service in the UK within the ...The Guardian - Jan. 5 -
Amit Yoran, chair and CEO of cybersecurity firm Tenable, dies unexpectedly after cancer battle
Amit Yoran, who ushered cybersecurity company Tenable into the public market as chief executive, died on Friday.NBC News - Jan. 5 -
US set for IPO comeback as private equity firms seek to offload holdings
Bankers hope strong 2024 gains for Wall Street equities and pro-business policies will drive listings reboundFinancial Times - Jan. 5 -
Amit Yoran, chair and CEO of cybersecurity firm Tenable, dies unexpectedly after cancer battle
Yoran led the cybersecurity company in its IPO in 2018.CNBC - Jan. 4
