Netflix Inc. has refinanced part of a $59 billion bridge loan to support its potential acquisition of Warner Bros. Discovery Inc. While Netflix has the support of Warner Bros.’ board, it faces regulatory and political hurdles to get the acquisition over the line. (Reuters) The streaming giant secured a $5 billion revolving credit facility and […]
India’s real estate sector is expected to reach an unprecedented milestone in 2025, with institutional investments projected to soar to an estimated $10.4 billion across 77 transactions, marking the second consecutive year of record-breaking performance. This figure stands as the highest on record and represents a 17% increase from the previous year’s exceptional performance of […]
India’s flexible workspace segment is projected to grow to $9–10 billion by 2028, nearly tripling from the current $3–4 billion, driven largely by the rapid expansion of Global Capability Centres (GCCs), according to a joint report by Smartworks Coworking Spaces and UnearthIQ. India’s flex workspace market is set to reach $9–10 billion by 2028, nearly […]
Elon Musk on Monday became the first person ever to have a net worth of $600 billion, according to Forbes, on the heels of reports that his SpaceX startup was likely to go public at a valuation of $800 billion. Elon Musk is the world’s richest person with a estimated net worth of $600 billion. […]
India has become a leading hub for Global Capability Centres (GCCs), with major clusters in Bengaluru, Hyderabad, Pune, Chennai, Mumbai, and the National Capital Region. The sector is projected to reach $105 billion by 2030, supported by nearly 2,400 centres employing over 2.8 million professionals, a government note has said. India has become a leading […]
Walt Disney Co. agreed to invest $1 billion in OpenAI and license iconic characters like Mickey Mouse and Cinderella to Sora, OpenAI’s short-form, artificial intelligence video platform. Disney will become a major customer of OpenAI, using its tools to build new products and experiences and deploying ChatGPT for its employees. (AFP) As part of the […]
Published on: Dec 10, 2025 11:11 am IST Microsoft CEO Satya Nadella announced a USD 17.5 billion investment to boost India’s AI and cloud ecosystem, the largest commitment in Asia. Microsoft CEO Satya Nadella has unveiled a landmark USD 17.5 billion investment to accelerate India’s AI and cloud ecosystem, the company’s largest-ever commitment in Asia. […]
Amazon.com Inc. plans to invest $35 billion in India through 2030, creating one million more jobs by then, Bloomberg News reported on Wednesday. Amazon.com Inc. plans to invest $35 billion in India through 2030, creating one million more jobs by then. (AFP) The news comes a day after Microsoft Corp. pledged to invest $17.5 billion […]
Paramount Skydance on Monday launched a hostile bid worth $108.4 billion for Warner Bros Discovery, in a last-ditch effort to outbid Netflix and create a media powerhouse that would challenge the dominance of the streaming giant. Entertainment giant Paramount, now renamed Paramount Skydance, is attempting a hostile takeover bid for Warner Bros. Discovery worth $108.4 […]
Netflix Inc. agreed to buy Warner Bros. Discovery Inc. in a historic combination, joining the world’s dominant paid streaming service with one of Hollywood’s oldest and most revered studios. The Warner Bros. acquisition marks an dramatic strategic shift for Netflix, which has never made a deal of this scope. (Reuters) Under the deal announced Friday, […]
