Disney/Comcast: tug of war for Hulu ropes in House of Mouse
Under 2019 agreement both companies agreed that either side could initiate a sale or purchase of all of company from January 2024
Mergers & Acquisitions
European carmakers risk missing out on critical minerals, Australia warns
Manufacturers could fall behind rivals if they fail to invest to secure supplies, says resources minister
Electric vehicles
Chase UK to ban cryptocurrency purchases over fraud fears
JPMorgan’s UK bank the latest to limit consumers’ abilities to buy volatile assets
Fintech, Financial & markets regulation
Block: merchant payments innovator struggles to defend home turf
The group has crypto ambitions, but still depends upon Square’s profits
Fintech
EU trade chief says Tesla to face anti-subsidy probe over China exports
Valdis Dombrovskis claims ‘sufficient prima facie evidence’ to examine foreign electric-vehicle makers’ operations
Electric vehicles
French billionaire Xavier Niel to invest €200mn in artificial intelligence
Projects include cloud supercomputer, Paris research centre and annual conference
Artificial intelligence
Nigerian rapper MohBad’s death exposes murky side of Afrobeats
Rising star’s sudden demise after raising maltreatment accusations puts genre in the spotlight
Digital Media
Meta pays £149mn to break London office lease
Facebook owner scales back space as more employees work from home
Social Media
Fossil fuel demand must fall by a quarter by 2030 to limit global warming, IEA says
Governments need to step up clean energy supply to avoid shortages and price jumps, agency warns
Renewable energy
Jeff Bezos’s space company Blue Origin picks Amazon device chief as CEO
Dave Limp will replace Bob Smith as rocket company seeks an edge in the private sector space race
Space industry