Fox to Acquire Roku for $22 Billion in Streaming Gambit
Anthony Wood built Roku into the quiet gatekeeper of the American living room, the box that sits between viewers and nearly every streaming service they watch. On Monday, his company…
U.K. Bans Under-16s From Social Media in Sweeping Crackdown
Keir Starmer stood before the House of Commons on Monday with a message for British parents: the government is going to do what the platforms would not. The prime minister…
U.S.-Iran Accord on Hormuz Sends Stocks Soaring, Oil Falling
The first sign of the rally came in Asia. SoftBank Group shares surged more than 12% in Tokyo trading Monday after the United States and Iran announced a framework peace…
BofA’s Hartnett Tells Clients to Keep Trimming Stocks Until July
Michael Hartnett has been Wall Street’s most prominent bear for so long that some clients stopped reading his notes. In his latest, the Bank of America strategist told them to…
Amazon to Spend $10 Billion on Missouri Data Center Campus
Montgomery City, Missouri, has about 2,800 residents and sits beside Interstate 70, roughly midway between St. Louis and Kansas City. It is not the first place most people would look…
Apple Supplier Faces Shutdown Threat Over Pollution Allegations at India Plant
The warning reached the factory this week, and it carried the weight of an ultimatum. India’s environmental regulator has accused Tata Electronics’ plant in the southern town of Hosur of…
The Launch That Saved SpaceX: From a Week of Cash to a $2 Trillion Listing
In the late summer of 2008, SpaceX had about a week of cash left, and the company’s engineers privately put the odds of the next launch succeeding at roughly 10%.…
The FBI’s Fake Town, Built for Real Attacks
No one lives there, but the town has a hospital, a hotel and a power plant. The FBI built the 22,000-square-foot replica to rehearse something that is hard to rehearse…
SpaceX Keeps Rising After the Bell as Funds Rush to File
The second trading day ended, and SpaceX kept moving. In after-hours trading, shares changed hands at $166.76, up 23.5% from the $135 offering price, and the machinery of modern markets…
SpaceX Stock Closes Up 19% in Trading Debut, Making Musk the First Trillionaire
The first trades crossed at 9:30 a.m., and by the closing bell the tape told a story four years in the making. SpaceX, the rocket company Elon Musk built from…
