Glencore to expand DRC exposure as it pushes into lithium
The deal means the trading giant will be able to choose which clients receive the vital metal
Electric vehicles, Batteries
FDIC acknowledges ‘too generous’ view of First Republic’s liquidity
US regulator’s report says it could have done more to address risks before bank failed
Financial & markets regulation
The incredible resilience of the music industry
Universal’s new deal on streaming royalties underscores how the major labels have remade themselves throughout the digital era
Digital Media
Pinault empire makes California return with A-list agency acquisition
French billionaire François-Henri Pinault spearheads investment into talent manager CAA that represents his wife Salma Hayek
Mergers & Acquisitions
SoftBank’s $50bn Arm IPO more than five times oversubscribed, bankers say
Some fund managers on US roadshow see red flags around small size of listing and large number of banks involved
Artificial intelligence
Getir: down round highlights rapid delivery sector crash
Higher interest rates have dried up flow of venture capital as consumers return to in-store shopping
Ecommerce
Bruno Mars-rights holder Round Hill Music Royalty Fund set to be sold
UK-listed company owns more than 150,000 songs but has suffered during high interest rate era
Mergers & Acquisitions
Disney vs Charter: a dispute that leaves future of cable TV in doubt
The stand-off between the companies has left millions of US households unable to watch live sports
Digital Media
Please, stop the pop-ups
They were created to split content and ads to assuage worried advertisers, but users hate them
Advertising
US grants first commercial licences for long-distance drone flights
Federal Aviation Authority’s move seen as catalyst for mainstream commercial drone use in America
Drones