3 – Breaking News & Latest Updates 2026
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Business Archive

Archives for May 2024

Wes Davis
Wes Davis
Sony is now in play to buy Paramount.

Paramount has formally begun negotiating with the company as the “period of exclusive talks with the Hollywood studio Skydance lapsed on Friday night,” according to The New York Times today.

Sony, which signaled its interest in buying Paramount last week, would reportedly hold controlling shares, while Apollo would have a minority stake, if the deal goes through.

Elizabeth Lopatto
Elizabeth Lopatto
Is that good?

The auditor of Truth Social is a “sham audit mill,” according to the Securities and Exchange Commission. It has been charged with “massive fraud” for its “deliberate and systemic” failures. Apparently the firm can’t even spell its own name right.

T-Mobile owns Mint MobileT-Mobile owns Mint Mobile
Emma Roth
Umar Shakir
Umar Shakir
‘From the ground up, everything in the compliance section was flawed.’

NBC News reports that a former Block employee is talking to the feds about apparent sanctions violations.

Prosecutors are allegedly finding that Square and Cash App failed to report certain Bitcoin, credit card transactions, and dollar transfers — some originating from terror groups. Block leadership apparently knew, according to internal documents.