
Roku Explores Sale Options as Interest Grows in Streaming and Ad Business
Jun 12, 2026 21:56 pm UTC| Business
Roku Inc. is reportedly evaluating several strategic alternatives, including a potential sale of the company, as interest increases from businesses looking to expand their presence in the streaming and digital advertising...

DOJ Clears Paramount Skydance-Warner Bros. Discovery Merger Without Conditions
Jun 12, 2026 21:53 pm UTC| Law Business
The U.S. Department of Justices Antitrust Division has reportedly approved Paramount Skydance Corp.s proposed acquisition of Warner Bros. Discovery (NASDAQ: WBD) in a deal valued at approximately $110 billion to $111...

SpaceX IPO Set for Explosive Debut as Valuation Tops $2.2 Trillion
Jun 12, 2026 21:48 pm UTC| Business Technology
SpaceX is poised for one of the most historic stock market debuts ever, with shares expected to open nearly 30% above their initial public offering (IPO) price. According to preliminary Nasdaq data, SpaceX stock (NASDAQ:...

Exxon Mobil Set to Appoint Alex Volkov as Global Trading Chief
Jun 12, 2026 21:46 pm UTC| Business
Exxon Mobil is preparing to appoint longtime executive Alex Volkov as the new head of its global trading division, according to sources familiar with the matter. The leadership change comes as the U.S. energy giant...

Meta AI Strategy Faces Challenges as Zuckerberg Admits Mistakes in Internal Memo
Jun 12, 2026 21:45 pm UTC| Business Technology
Meta CEO Mark Zuckerberg has acknowledged that the company has made mistakes during its ongoing artificial intelligence (AI) transformation, according to an internal memo obtained by Reuters. In the memo, Zuckerberg...

Hanmi Semicon Shares Surge After $33 Million SpaceX Investment
Jun 12, 2026 06:13 am UTC| Business Technology
South Korean semiconductor equipment maker Hanmi Semiconductor (KS:042700) saw its stock price soar on Friday after announcing a strategic investment in SpaceX, the aerospace company led by Elon Musk. The company revealed...

Woodside Energy Acquires PetroChina’s Browse Stake, Expands Position in Major Australian Gas Project
Jun 12, 2026 03:53 am UTC| Business
Woodside Energy (ASX: WDS) has exercised its pre-emptive rights to acquire PetroChinas 10.67% interest in the Browse gas project off the coast of Western Australia, preventing the stake from being transferred to Japans...