Industry

ESPN Closes Deal for NFL Network, Giving League 10% Stake in ESPN

ESPN has completed its purchase of NFL Network and related assets, while the NFL takes a 10% equity stake—reshaping how fans get games, RedZone and fantasy.

#nfl, #espn, #streaming, #sportsmedia, #antitrust

India’s Battery PLI Falls Far Short: Just 1.4 GWh Built Against 50 GWh Target

A review finds India’s ACC battery PLI has delivered just 1.4 GWh so far, with no payouts made and near-total reliance on imported cells.

#india, #ev, #batteries, #pli

Hyundai Steel and POSCO press ahead with $5.8 billion low-carbon steel mill in Louisiana

Korean steel giants plan an ultra-low-carbon mill near Donaldsonville, aiming to supply Hyundai and Kia U.S. plants while raising local and environmental stakes.

#steel, #louisiana, #hyundai, #posco, #manufacturing

Netflix Switches Warner Bros. Bid to All-Cash Offer as Rival Bid and Antitrust Scrutiny Mount

Netflix rewrites its Warner Bros. deal as a $27.75-a-share all-cash offer, sharpening a takeover fight and intensifying U.S. and EU antitrust review.

#netflix, #warnerbrosdiscovery, #streaming, #antitrust, #mergers

Telenor to Exit Thailand After 25 Years in NOK 39 Billion Sale of True Stake

Norway’s Telenor will sell its entire 30.3% holding in True Corp to Thai billionaire Suphachai Chearavanont’s firm, deepening telecom localization.

#telenor, #thailand, #telecom, #truecorp, #mna

Capital One to Buy Brex for $5.15 Billion, Expanding Further Into Business Payments Software

Capital One agreed to buy fintech Brex for $5.15B, adding spend-management software after its Discover deal as regulators and investors weigh integration risk.

#capitalone, #brex, #fintech, #payments, #mergers

Rajasthan Unveils Chip and Defence Manufacturing Push, While Tightening Rules on Property Sales in ‘Disturbed’ Areas

Rajasthan approved new semiconductor and aerospace defence policies packed with incentives, alongside a draft bill restricting property transfers in ‘disturbed’ areas.

#rajasthan, #semiconductors, #defence, #industrialpolicy, #propertylaw

Walmart Names John Furner as Next CEO in Leadership Overhaul Focused on AI

Walmart will replace CEO Doug McMillon with U.S. chief John Furner on Feb. 1, pairing the transition with a sweeping AI- and data-driven leadership reshuffle.

#walmart, #ceo, #ai, #retail, #automation

Mitsubishi to Buy Haynesville Shale Producer Aethon in $7.5 Billion Natural Gas Bet

Japan’s Mitsubishi plans a $7.5B buy of Haynesville gas producer Aethon, linking U.S. shale to LNG exports and rising data-center power demand.

#naturalgas, #lng, #mitsubishi, #haynesville, #datacenters

White House pushes PJM to add $15 billion in power plants, shifting costs to data centers

Trump administration urges PJM to run an emergency auction for new generation, aiming to protect households by making AI data centers bear most costs.

#energy, #datacenters, #ai, #pjm, #electricity

Delaware Judge Slows Paramount Skydance Suit, Giving Netflix an Edge in Warner Bros. Discovery Battle

A Delaware judge refused to fast-track Paramount Skydance’s disclosure suit, easing pressure on Warner’s Netflix deal as rival bids face scrutiny.

#netflix, #warnersbrosdiscovery, #paramountskydance, #delaware, #mergers

USPS contractor 10 Roads Express to shutter, laying off about 2,000 as mail-hauling work dries up

10 Roads Express will end USPS hauling Jan. 30 and wind down nationwide, citing Postal Service network changes that erased 70% of revenue.

#usps, #trucking, #layoffs, #logistics, #labor

UK awards record 8.4 GW of offshore wind contracts in policy reset after 2023 flop

Britain’s AR7 auction awards 8.4 GW of offshore wind, led by RWE, aiming for clean power by 2030 while raising questions about bills, grids and ownership.

#uk, #offshorewind, #renewables, #rwe, #energysecurity