India’s year-to-date mergers and acquisitions deal value fell more than 19% to $95.5 billion from $118.5 billion a year earlier, according to data compiled by LSEG. Despite the drop in overall volume, dealmaking remains resilient as transactions are driven by strategy rather than financial engineering, Reuters reported. The total number of M&A deals remained little … Read more
Indian Media Giants Challenge Privacy Law Over Investigative Reporting Threats It is changing the whole concept of what is news, Madhavi Goradia Divan, lawyer for the Digital News Publishers Association, told the Supreme Court of India, Reuters reported. Top media publishers in India, including enterprises backed by billionaires Mukesh Ambani and Gautam Adani, have launched … Read more
Musician Neil Young filed a $10 million copyright infringement lawsuit in Virginia federal court against the Trump 47 Committee, according to a Reuters report published on October 26. The complaint targets the committee for allegedly playing his 1989 anthem “Rockin’ in the Free World” without a license before Donald Trump took the stage at an … Read more
Authentic Brands Group and other copyright owners filed a lawsuit in California federal court against Anthropic on Oct. 26, alleging the artificial intelligence company used Elvis Presley’s songs without permission to train its Claude chatbot, Reuters reported. The plaintiffs are seeking $41.1 million in statutory damages for the alleged infringement of 274 copyrighted lyrics and … Read more
$22 Billion Valuation Collapses Over Leadership Dispute Between Smith & Nephew and Johnson & Johnson Smith & Nephew approached Johnson & Johnson earlier this year with an offer valuing the U.S. healthcare conglomerate’s hip and knee replacement unit at as much as $22 billion. That figure stood at nearly double the British medical devices firm’s … Read more
AI Models Expose Severe Digital Flaws in PHP and Cloud Infrastructure Artificial intelligence models uncovered critical software vulnerabilities in PHP and other core technologies, triggering global outages and forcing website operators to take systems offline, Reuters reported. The discoveries doubled VulnCheck’s year-on-year digital flaw count and set off a scramble to patch internet-exposed infrastructure before … Read more
Norway Extends Under-16 Social Media Ban to Roblox, Snapchat, and TikTok Norway’s planned social media ban for children will include provisions targeting harmful platforms, the government announced, naming messaging and gaming services Roblox, Snapchat, and TikTok among those affected. Back in April, the Scandinavian nation had initially announced plans to introduce a parliamentary bill by … Read more
Abdulrahman Alfozan, a 35-year-old Saudi national and former OpenAI engineer, allegedly planted custom encrypted recording devices in an executive conference room in San Francisco, according to U.S. federal prosecutors. Federal Prosecutors Argue Flight Risk in Detention Motion U.S. prosecutors asked a federal judge to keep Alfozan in custody without bail, arguing he poses a significant … Read more
Police have registered a first information report against officials of Reliance Retail, Reliance Consumer Products, Blinkit, and Zomato-owned Hyperpure after Maharashtra food safety inspectors seized expired food products valued at Rs 48 lakh. Contractors divert expired goods to unlicensed sorting yards The Maharashtra Food and Drug Administration led the multi-district enforcement operation between October 14 … Read more
Russell Brand arrived at Southwark Crown Court in London as his trial began on charges of rape and sexual assault involving six women between 1999 and 2009, which he denies, Reuters reported. Police Interview Details 1999 Labour Party Conference Allegations On the second day of the trial at London’s Southwark Crown Court, jurors listened to … Read more