Blackstone and Vista Equity Partners to acquire software maker Smartsheet for $8.4 billion
The $8.4 billion deal is expected to close in January 2025, and the collaboration software maker has the option to solicit other bids.
UK Prime Minister Keir Starmer says tough times are needed to spark national renewal
Starmer’s efforts to instill a sense of optimism come after the government has been accused of doom-mongering over the state of the U.K. economy.
‘They knew and they lied’: California sues ExxonMobil, alleging deception about plastics recycling
In the lawsuit, the state’s attorney general says ExxonMobil misled consumers into believing that recycling was a viable solution for plastic waste, though it knew otherwise.
Warner Bros. Discovery partners with Google for AI-generated captions on Max streaming service
Warner Bros. Discovery and Google are partnering to use AI to make captions more accurate on Max.
‘Stop ripping us off’: Senate grills Novo Nordisk CEO on weight loss drug pricing
Sen. Bernie Sanders argues that Novo Nordisk charges Americans substantially higher prices for its drugs than it does for patients in other countries.
Microsoft’s GitHub gives clients option to keep sensitive code in EU only, in data sovereignty push
GitHub is giving enterprise users the ability to store their sensitive code on only EU servers, hoping to meet the bloc’s strict approach to data regulation.
Commerzbank board member warns of significant job losses with a hostile UniCredit takeover
Commerzbank supervisory board member Stefan Wittmann told CNBC’s Annette Weisbach that “we certainly hope we can avoid” a hostile takeover by the Italian bank.
China launches probe into Calvin Klein parent over Xinjiang supply chain ‘disruptions’
China’s Ministry of Commerce said it was launching a probe into Calvin Klein-parent PVH Group over alleged business disruptions involving Xinjiang.
Biden’s final UN speech seeks hope amid grim wars in the Middle East, Ukraine, Sudan
The Biden administration is working toward a cease-fire and hostage deal in Gaza, even as the president’s term comes to a close.
Israel and Hezbollah carry out new attacks amid fears of wider conflict
After almost a year of war against Hamas in Gaza on its southern border, Israel is shifting its focus to the northern frontier.
