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Paramount settles lawsuit blocking $110 billion Warner Bros. merger

Paramount has reached a settlement with California and the 11 other states that sued to block its planned $110 billion acquisition of Warner Bros. Discovery. The settlement removes a major roadblock standing in the way of the massive media merger. Paramount Chairman & CEO David Ellison: We are grateful to Attorney General Bonta and his […]

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AI model costs are pushing startups towards cheaper open weigh

Harvey’s gross margin fell from about 50% at the start of this year to minus 50% by June as customer usage of its AI agents spiked, and turned positive again only after it released a model of its own built on Moonshot’s Kimi K3. Abridge, Decagon, Ramp and Rogo are making similar moves, and Sequoia […]

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Hyundai’s answer to the EV slowdown is building tens of thousands of robotaxis

Hyundai will build tens of thousands of Ioniq 5 robotaxis for Waymo at its plant in Georgia, chief executive Jose Munoz said, calling robotaxis the biggest new opportunity inside a slowing electric market. In Europe the only type approval route that works across the whole union for a fully automated car is capped at 1,500 […]

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The state of the American advertiser

American advertisers are operating in a media environment with more channels, more data, and more technology than ever before. Yet for marketers, the central challenge is shifting. It is less about finding another place to advertise. It is more about understanding how every investment contributes to the broader business. That is the environment Rob DeSalvo […]

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Volvo names Klaus Zellmer as chief executive

Volvo Cars has appointed Klaus Zellmer, chairman of the board of management at Skoda Auto, as president and chief executive, taking over from Hakan Samuelsson no later than 1 October 2027. Skoda posted an 8.5% operating margin in the first half of 2026, against Volvo’s 3.5% for last year and an 8% target with no […]

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Amazon puts another $1.9bn into its delivery partner programme for 2027

“Specifics will vary by DSP and geography, as each DSP determines how best to invest in their business and teams,” Amazon wrote on Monday. That sentence sits four lines below the headline figure, which is that drivers will earn a national average of nearly $24 an hour. Amazon said it will put another $1.9bn into […]

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Bending Spoons opens a Warsaw office after 50,000 Polish applications

“We’ve received around 50,000 applications from Poland so far this year, more than twice as many as the whole of 2025,” said Andrea Maiorana, Bending Spoons’ talent data lead. The Milan company said on Monday that it has opened an office in Warsaw. It is the company’s fourth office in Europe. The others are its […]

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Can CEO John Ternus find Apple’s next big thing?

Today, I’m talking with Mark Gurman, who is the world’s best-sourced Apple reporter — both as Bloomberg’s chief Apple correspondent and the host of the upcoming podcast Power On.  Earlier this month, Apple hosted its annual iPhone hardware event, virtually every detail of which was reported ahead of time by Mark. But this event was […]

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Oura’s IPO seeks $2.2bn, and 73% of it goes to existing shareholders

Oura spent the first nine months of its financial year buying its own shares back from its investors. On Monday it started selling them to everybody else. The Finnish smart ring maker launched its initial public offering before the New York open. It is marketing 50 million shares at $40 to $44 each. At the […]

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Freehand names Krshna Prashant as first marketing lead

Freehand is the company whose autonomous AI Teams manage supply-chain spend for Fortune 500 enterprises. It has announced the appointment of Krshna Prashant as its first Marketing Lead. She is the company’s first marketing hire in the United States. The appointment comes weeks after Freehand raised $75 million in funding. Battery Ventures and NewRoad Capital […]

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