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Paramount Skydance has launched a hostile $108.4 billion counteroffer for Warner Bros. Discovery (WBD), threatening to eclipse the previous $73 billion cash and stock bid from Netflix. Paramount Skydance’s offer proposes $30 in cash for each share of WBD,…
Paramount, a Malaysian property developer, is preparing to secure a 28% share in Envictus International, a firm managing both Texas Chicken and San Francisco Coffee within Malaysia, with an investment of approximately US$29.5 million. Details of the…
Paramount+ launches today to give the world exactly what it needs during a pandemic-another streaming app service. Even though we were aiming for sarcasm with that comment, there are statistics showing that streamers are doing well. Disney+, with its highly…
Japanese cosmetic brand Shu Uemura is withdrawing from the Philippines. L’Oreal Philippines has confirmed that all branches and counters of the make-up line will be shut down by the end of April. While officially distributed by L’Oreal Philippines, the brand…
Chinese eCommerce giant Tencent Holdings increased its revenues last year by 30 per to RMB101.9 billion ($US15.7 billion). Excluding its eCommerce business, the revenue increase was 38 per cent, to RMB102.2 billion. Tencent’s subsidiaries provide media,…
