FCC approves Skydance’s $8 billion Paramount acquisition

Regulators won’t stand in the way of Skydance’s Paramount acquisition. The Federal Communications Commission has approved the $8 billion purchase of Paramount Global and its subsidiaries, including the parent company of CBS Network. In a statement, FCC Chairman Brendan Carr said he welcomes “Skydance’s commitment […]

Paramount-Skydance merger approved after companies agree to government speech demands

The Federal Communications Commission (FCC) has approved Skydance’s $8 billion purchase of CBS-owner Paramount after the companies agreed to end diversity, equity, and inclusion (DEI) programs but feature a “diversity of viewpoints from across the political and ideological spectrum.” In light of the Trump administration’s […]

Intel confirms it will cut a third of its workforce by the end of 2025

Intel provided more detail about the scope of its planned job cuts and other business changes while sharing its second-quarter earnings results. Reports in April suggested that Intel could eliminate around 20 percent of its staff in a restructuring plan. Today, the chipmaker said it […]