Fox is paying $160 a Roku share, about $14.7 billion of it in cash, for a platform that brought in $4.64 billion of platform revenue over the past year. The filings also show what Fox agreed to pay if antitrust regulators block the deal: more than Roku’s past year of free cash flow plus all of Fox’s promised savings.
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Japan supplies the money, GlobalFoundries supplies the technology and runs the plants, and the Commerce Department takes a stake in GF. The company bringing the know-how lists no construction bill of its own.
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Chicago Fed President Austan Goolsbee says AI demand is starting to overheat the economy. A rate hike can’t reach the ad money behind the biggest data centers, but it can reach everything the buildout borrows.
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ASML on Wednesday, Oct. 14, reported third-quarter net profit of €4.96 billion, well above the €4.1 billion analysts expected, and
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A federal jury in Delaware found on Tuesday, Oct. 13, that Arm Holdings breached its licensing agreement with Qualcomm and
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Getty Images will go private through a prepackaged Chapter 11, with affiliates of the Getty family and Koch Equity Development
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Singapore developer DayOne locked another RM15 billion for hyperscale capacity in Malaysia, half in offshore dollars and half as Islamic cost-plus financing, while its US IPO registration is still waiting on a price.
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Meta on Monday, Oct. 12, released Muse Wonder and Muse Wonder Full, which it calls “our most capable models to
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Nearly every U.S. reactor has been offered AI tools for its records and filings. Microsoft built the drafting tool, hosts the models under the regulator’s own tool, and is the buyer waiting on the Crane restart.
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Hock Tan says capital is now AI’s tightest bottleneck. His own company has already agreed to lend Anthropic up to $42 billion, and the rest of the chain is starting to look like a credit desk.
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