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Warner Bros Discovery vote to approve $110bn merger with Paramount Skydance The GuardianWarner Bros. Discovery shareholders approve Paramount takeover CNNWarner Bros. investors approve $110 billion sale to Paramount Skydance, following long battle with Netflix Yahoo FinanceWarner Bros Discovery shareholders approve Paramount Skydance deal Fox Business
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Iran escalates Hormuz 'tit-for-tat,' seizes ship tied to billionaire close to Trump, Macron Fox NewsIran seizes vessel in Strait of Hormuz, defying US naval superiority ReutersHow Iran raised Hormuz stakes by capturing ships Al JazeeraSh
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Meta to lay off 8,000 as part of AI efficiency push AxiosMeta Tells Staff It Will Cut 10% of Jobs in Push for Efficiency Bloomberg.comMeta to cut 10% of staff as it pours billions into AI CNNMeta will cut 10% of workforce as company pushes deeper into AI CNBC
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The voluntary program could affect nearly 9,000 workers as the company trims headcount, revamps pay, and redirects resources toward its massive AI infrastructure buildout.
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The company quietly slipped the deal into a recent regulatory filing
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Some investors are shunning private-credit funds, but billions of dollars are still flowing into funds with a big software exposure.
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‘We're going to be substantially increasing our investments in the future,' Musk said Wednesday.
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Chat-based collaboration software is a must-have in today's business environment, with Slack and Microsoft Teams the two leading options for the enterprise. The stakes couldn't be higher — the pandemic made clear that remote work and collaboration are the future of business.
Slack, which went public back in 2019, was bought by enterprise software giant Salesforce in July 2021 for $27.7 billion. Until the acquisition, it wasn't clear that Slack could survive against behemoth Microsoft, which has a gazillion revenue streams to rely upon and is giving Teams away for free in most Office 365 and Microsoft 365 plans. But now that Slack has sugar daddy Salesforce behind it, with a valuation north of $200 billion and annual income of more than $20 billion, it can better compete.
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