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AI giant Anthropic plans to list on US stock market
Posted onHarrison Rolfes, a research analyst a Pitchbook, added Anthropic’s IPO “will be the most scrutinized public offering in tech history”, with investors poring over its business margins, sales and profitability for signs that valuations and costs of AI make financial sense.
Paramounts $108bn bid for Warner Bros clears US antitrust hurdle
Posted onUnlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Paramount Skydance’s $108bn bid to gatecrash Netflix’s deal for Warner Bros Discovery has cleared a key US antitrust hurdle, in a signal of support from the Trump administration. The media group, whose bid…
Busiest Christmas Eve for air travel, says aviation body
Posted onFaarea Masud & Simon BrowningBBC News Getty Images The number of passengers passing through UK airports will be the most ever seen on any Christmas Eve since records began in 1972, the Civil Aviation Authority (CAA) said. It projects over 335,000 people will be flying in the UK on Wednesday, which is up 5% from…
Labubu dolls made up 90% of fake toys seized at UK border
Posted onLabubu dolls made up 90% of the £3.5m worth of fake toys seized at the UK border so far this year, according to Home Office data. Labubu is a quirky monster character created by Hong Kong-born artist Kasing Lung, and popularised through a collaboration with toy store Pop Mart. Although they are mainly marketed as…
