Warner Bros shareholders approve Paramount's $111bn takeover
The approval came as Donald Trump is to attend a dinner with billionaire Paramount backers the Ellisons.
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OpenAI slams Anthropic in memo to shareholders as rival gains momentum
Open AI CEO Sam Altman speaks during a talk session with SoftBank Group CEO Masayoshi Son at an event titled “Transforming Business through AI” in Tokyo, on Feb. 3, 2025. Tomohiro Ohsumi | Getty Images With Anthropic gaining momentum in the booming AI market, OpenAI sent a memo to investors this week slamming its chief…
Africa: Towards a United Skies – Why Africa Needs a Joint Pan-African Airline With Continental Shareholders
In the bustling terminals of Entebbe International Airport, frustration has become as common as departure announcements. Uganda Airlines, the country’s revived national carrier, has in recent months been plagued by setbacks that mirror the wider struggles of African aviation. Just this month, passengers traveling to Dubai and other destinations were stranded for days following technical…
MTN Zakhele Futhi shareholders vent amid zero returns
MTN Zakhele Futhi’s only asset is MTN shares. As MTN’s empowerment vehicle – MTN Zakhele Futhi – draws nearer to delisting, shareholders are still disgruntled due to a lack of returns since it made its debut a decade ago. The empowerment vehicle – which trades under share code MTNZF – this week said it had…
Naspers shares gain traction as shareholders buy into split
Naspers units like Takealot were trading at a discount . Naspers’ fourth share split in its history is already showing positive momentum, with the stock up almost 4% over five days at its post-split price. The company’s move is aimed at boosting liquidity, making it easier for more investors to buy and sell the shares….
Naspers returns R130bn in value to shareholders
Naspers has continued with its share buyback programme. Following digital giant Naspers’s latest announcement that it has bought back R564.4 million worth of shares, ITWeb calculates that it has now spent R130 billion returning value to shareholders. Naspers, with a current share price of R581.17, has long derived most of its value from its 24%…
Intel says Trump deal has risks for shareholders, international sales
Intel’s CEO Lip-Bu Tan speaks at the company’s Annual Manufacturing Technology Conference in San Jose, California, U.S. April 29, 2025. Laure Andrillon | Reuters Intel on Monday warned of “adverse reactions” from investors, employees and others to the Trump administration taking a 10% stake in the company, in a filing citing risks involved with the…