EN zh-TW

newsio aggregates and links to original sources. We do not own the original images or content. If you believe content infringes on intellectual property rights, contact us — it will be removed at first notice.

business / news / / Australian Financial Review

ASX 200 futures are unchanged at 8832 near 4.30am AEST.

Microsoft and Meta Platforms are planning to cut thousands of positions in upcoming layoffs.

KEY POINTS
COMPANIES
Read the full story on Australian Financial Review → →
Share X LinkedIn

Summarized by Newsio from Australian Financial Review. How we summarize →

RELATED 03
genai · news · 12h 211

Meta Business Agent is an AI-powered assistant designed to help businesses automate customer support, sales, scheduling and other operational tasks.

  • Meta launched Meta Business Agent, an AI assistant to automate sales, support, and scheduling tasks.
  • Meta Business Agent can integrate with external enterprise software to perform actions using business data.
The Economic Times →
business · news · 4h 140

The European Commission is investigating the $111 billion Paramount-WBD deal.

  • The EU is probing $24 billion in Middle Eastern funding of the Paramount-WBD merger under new subsidy rules.
  • Paramount disclosed Gulf States will own about 38.5% equity in the merged company but lack voting rights.
Variety →
business · news · 5h 136

U.S. entertainment giant sought EU approval under its Foreign SubsidiesRegulation.

  • Paramount Skydance Corp's $110 billion takeover of Warner Bros Discovery is under EU subsidy scrutiny.
  • The deal is backed by Saudi PIF, Abu Dhabi's L'imad Holding, and Qatar Investment Authority.
The Star →