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BENGALURU: Bill Ackman's Pershing Square on Tuesday proposed merging its acquisition vehicle with Universal Music Group with a plan to list in the United States in a deal aimed at reviving the world's biggest music label's value. Pershing Square's cash-and-shares offer values Universal Music at around 30.40 euros per share, representing a 78% premium to last close price at 17.10 euros and making the deal worth 55.75 billion euros (US$64.31 billion), according to Reuters calculation. Universal ...Read More >
Anthropic PBC is embedding its Agentic AI tools into Air India Ltd. amid a bevy of other Indian companies, as part of its push to tap into the world's largest internet population. That's a fresh challenge for the likes of Tata Consultancy Services Ltd. to Infosys Ltd. The airline, controlled by TCS owner Tata Group, is using Claude Code to create custom software faster and cheaper, as part of a broader push to use Agentic AI across its operations. "Our partnership with Anthropic PBC is pivotal ...Read More >
Hike, once one of India's most valuable startups with unicorn status, has become the latest casualty of New Delhi's recent real-money gaming ban, with the company -- led by Kavin Bharti Mittal, son of Airtel founder Sunil Bharti Mittal -- now shutting down. On Saturday, Hike founder Mittal (pictured above) said that the startup's U.S. business, which launched nine months ago, was "off to a strong start." But he said scaling it globally would require "a full recap, a reset that is not the best u ...Read More >
, /PRNewswire/ -- On , Fangzhou Inc. ("Fangzhou" or the "Company") (06086.HK), a leader in Internet healthcare solutions, hosted the "Data and AI: Decoding Digital Engagement" summit in , bringing together key representatives from leading Internet companies Tencent and Baidu (NASDAQ:BIDU), along with executives from over 30 leading pharmaceutical companies. They held in-depth discussions on strategies for driving user growth and enhancing business performance through innovative digital marketing ...Read More >
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