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Paramount has suspended its $111 billion bid to acquire Warner Bros Discovery following legal action by 12 US states citing competition concerns. The deal will only proceed after court resolution or by June 1, 2027.
A US federal judge has rejected Elon Musk's attempt to overturn a jury verdict that found him liable for defrauding Twitter investors. The ruling upholds potential damages of around $2.5 billion.
India's Tata Consultancy Services will record a $70 million exceptional charge after the US Supreme Court rejected its appeal in a trade secrets dispute with DXC Technology, bringing total exposure to $220 million.