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- Susie Wiles, Trump’s Chief of Staff, Is Accused of Blocking Health Policies to...
In a no-holds-barred interview with Joe Rogan, Calley Means, a former top health adviser, accused Susie Wiles of repeatedly bowing to lobbying pressures and fixating on campaign contributions. [TheTopNews] Read More.17 mins ago - The Stock Market Can Be Volatile. Here’s How to Stay Calm.Feeling a bit wobbly? Here are four things to consider that might provide some peace of mind. [TheTopNews] Read More.40 mins ago
- Fox completes acquisition of streaming giant Roku
Fox Corp. announced on Friday that it completed its acquisition of Roku to expand its streaming presence that already includes Tubi and FOX One.The company's announcement said the combination of FOX's live sports, news and local programming with Roku's open connected TV platform reaching over 100 million households will create "new opportunities for the company to serve its viewers, advertisers and partners."FOX expects to achieve about $400 million of run-rate cost synergies within two years of the transaction's close, with additional potential revenue upside, and will be accretive to free cash flow per share by the second full year after closing.FOX CORPORATION ANNOUNCES $22B ACQUISITION OF ROKU IN LANDMARK STREAMING AND LIVE TV DEALLachlan Murdoch, executive chair and CEO of Fox Corp., said in a statement that the "closing of this acquisition advances the long-term strategy of FOX. Beginning today, our top priority for the combined company is to continue to relentlessly serve audiences and partners, while reinforcing the openness and choice that is the essence of the Roku platform.""Our shared entrepreneurial passion and clear conviction toward building the future together with our new Roku colleagues gives us great confidence in the opportunities ahead of us," Murdoch added.SKYDANCE SHARES PLUNGE AFTER COMPANY DISTRIBUTES NEARLY 471 MILLION WARRANTSRoku founder Anthony Wood will join the FOX board of directors and will also serve as co-chair of FOX Digital Platforms, a newly formed division that includes Roku, Tubi, FOX One, Red Seat Ventures and other digital products and services across the company. Wood will serve alongside Paul Cheesbrough, who moves into the role of co-chair and CEO of the division."We started Roku more than two decades ago to give people a better way to watch TV, and that mission doesn't change today," Wood said in a statement. "What does change is our reach and resources. FOX has a deep respect for Roku's culture and wholly shares our commitment to staying open to every content partner.""Our teams will keep building and innovating as they always have, now with the support and capabilities of FOX behind us. I'm proud of what Roku's employees have built, and I'm excited about what comes next," Wood added.Fox Corp. is the parent company of FOX Business. [TheTopNews] Read More.2 hours ago - Tesla Is Ending Production of Its Cybertruck and Refocusing on the CybercabProduction of the electric trucks will stop in the middle of 2027 to make room for increased production of its autonomous ride-share vehicle, Elon Musk said. [TheTopNews] Read More.2 hours ago
- Strong Hiring Reinforces a Sturdy Job MarketUnemployment fell in October, extending years of stability for a U.S. work force threated by inflation and artificial intelligence. [TheTopNews] Read More.2 hours ago
- Foodbank to close after 16 years amid rising costs
A foodbank in Goole annouces it will close in January as costs rise and donations drop. [TheTopNews] Read More.3 hours ago
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