Paramount and Skydance agree to terms of a merger deal
Paramount and Skydance have agreed to terms of a merger, CNBC's David Faber reported Monday. A deal could be announced in the coming days, he said.
Sony asian news
Sony Pictures is buying Alamo Drafthouse theater chain
Sony Pictures has acquired Alamo Drafthouse, the seventh-largest movie theater chain in North America, the company announced Wednesday.
Computing firm Raspberry Pi pops 31% in rare London market debut
Shares of Raspberry Pi on Tuesday were up 31% in morning trade, as the British computing startup seeks to raise some £166 million ($211.2 million) from its initial public offering.
Sony stock rises 3% as Paramount speculation fades
TOKYO -- Sony Group stock climbed nearly 3% on Tuesday as speculation the electronics and media giant could acquire U.S. film studio Paramount Global faded, easing investor concerns over the cost of any such deal.
Grayson Murray dies at age 30 a day after withdrawing from Colonial, PGA Tour says
Two-time PGA Tour winner Grayson Murray died Saturday morning at age 30, one day after he withdrew from the Charles Schwab Cup Challenge at Colonial.
India's Zee Entertainment stock stumbles since Sony deal collapse
MUMBAI -- Shares in Indian broadcasting giant Zee Entertainment Enterprises had slumped over 50% by mid-May from their level at the start of 2024 amid the collapse of merger talks with a Sony Group unit, with a recently proposed reorganization plan doing little to spark a major rebound.
Alibaba taps AI to defend Chinese e-commerce crown
SHANGHAI -- Facing an increasingly cutthroat e-commerce market at home, China's Alibaba Group Holding is relying on artificial-intelligence-powered tools for both shoppers and merchants to regain ground.
OpenAI co-founder Ilya Sutskever says he will leave the startup
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