Allegiant to buy rival budget airline Sun Country in $1.5 billion cash and stock deal

Allegiant to buy rival budget airline Sun Country in .5 billion cash and stock deal

An Allegiant Airlines jet flies out of Las Vegas Airport. Nick Potts | Getty Images Allegiant Travel said Sunday it is acquiring fellow leisure carrier Sun Country in a $1.5 billion cash and stock deal, including debt, a plan that comes as budget airlines in the U.S. have faced a surge in costs following the … Read more

Trump orders Chinese-controlled firm to unwind chip asset deal, citing national security risks

Trump orders Chinese-controlled firm to unwind chip asset deal, citing national security risks

File: President Donald Trump looks on after signing an executive order in the Oval Office of the White House on April 9, 2025. Saul Loeb | Afp | Getty Images A company controlled by a Chinese national was ordered by U.S. President Donald Trump on Friday to unwind a $2.9 million acquisition of chip assets … Read more

Meta acquires intelligent agent firm Manus, capping year of aggressive AI moves

Meta acquires intelligent agent firm Manus, capping year of aggressive AI moves

The logo of Meta is seen at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, on June 11, 2025. Gonzalo Fuentes | Reuters Meta Platforms said Tuesday that it has acquired Manus, a Singapore-based developer of general-purpose AI agents, as the tech giant continues its … Read more

David Ellison’s hunt for WBD made David Zaslav richer — and it may not be over

David Ellison’s hunt for WBD made David Zaslav richer — and it may not be over

Paramount Skydance CEO David Ellison speaks during the Bloomberg Screentime conference in Los Angeles on October 9, 2025. Patrick T. Fallon | Afp | Getty Images This isn’t exactly what David Ellison had planned in September. Just a few months ago, the Paramount Skydance CEO sent a letter to the Warner Bros. Discovery board of … Read more

‘China’s Nvidia’ Moore Threads surges over 400% on trading debut after $1.1 billion listing

‘China’s Nvidia’ Moore Threads surges over 400% on trading debut after .1 billion listing

An illustration photo shows Moore Threads logo in a smartphone in Suqian, Jiangsu Province, China on October 30, 2025. Cfoto | Future Publishing | Getty Images Shares of Moore Threads, a Beijing-based graphics processing unit (GPU) manufacturer often referred to as “China’s Nvidia,” soared by more than 400% on its debut in Shanghai following its … Read more

‘Rush Hour 4’ revived after Trump urged Paramount Skydance to resurrect franchise, reports say

‘Rush Hour 4’ revived after Trump urged Paramount Skydance to resurrect franchise, reports say

Actors Chris Tucker and Jackie Chan arrive to the premiere of “Rush Hour 3” at Mann’s Chinese Theater on July 30, 2007 in Hollywood, California. Jeff Vespa | WireImage | Getty Images A push from President Donald Trump has led Paramount Skydance to revive its “Rush Hour” buddy cop movie series, two decades after the … Read more