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Paramount deal talks turn the spotlight on top Hollywood studios

FACTBOX-Paramount deal talks turn the spotlight on top Hollywood studios By Harshita Mary Varghese and Jaspreet Singh June 12 (Reuters) - Media heiress Shari Redstone abruptly ended talks with David Ellison-led Skydance Media on Tuesday, killing the potential sale of a controlling stake in Paramount Global PARA.O to the independent studio, sources familiar with the talks said.
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FCC wants change of US court hearing challenges to net neutrality rules

UPDATE 1-FCC wants change of US court hearing challenges to net neutrality rules Adds further comments, background in paragraphs 3 onward By David Shepardson WASHINGTON, June 7 (Reuters) - The Federal Communications Commission on Friday asked the U.S. 6th Circuit Court of Appeals in Cincinnati, Ohio to transfer a series of industry legal challenges to its decision to reinstate landmark net neutrality rules to a federal court in Washington.
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US FCC asks for net neutrality challenges to be transferred

US FCC asks for net neutrality challenges to be transferred WASHINGTON, June 7 (Reuters) - The Federal Communications Commission on Friday asked the U.S. 6th Circuit Court of Appeals to transfer a series of industry legal challenges to its decision to reinstate landmark net neutrality rules to a federal court in Washington, D.C. The Cincinnati-based 6th Circuit was randomly selected after legal challenges were filed in seven circuit courts.
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US Appeals Court to hear net neutrality legal challenges

UPDATE 1-US Appeals Court to hear net neutrality legal challenges Adds more details, background By David Shepardson WASHINGTON, June 6 (Reuters) - The U.S. 6th Circuit Court of Appeals will hear a series of industry legal challenges seeking to block the Biden administration's reinstatement of landmark net neutrality rules set to take effect on July 22, according to an order Thursday.
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US Appeals Court to hear net neutrality legal challenges

US Appeals Court to hear net neutrality legal challenges WASHINGTON, June 6 (Reuters) - The U.S. 6th Circuit Court of Appeals will hear a series of industry legal challenges seeking to block the Biden administration's reinstatement of landmark net neutrality rules set to take effect on July 22, according to an order Thursday. The Federal Communications Commission voted in April along party lines to reassume regulatory oversight of broadband internet and reinstate open internet rules adopted in 2
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U.S. Chord Energy, PVH, Saia

U.S. RESEARCH ROUNDUP-Chord Energy, PVH, Saia June 6 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Chord Energy, PVH and Saia, on Thursday. HIGHLIGHTS * Chord Energy Corp CHRD.O : Gerdes Energy Research raises to buy from neutral * Costco Wholesale Corp COST.O : Oppenheimer raises target price to $905 from $850 * PVH Corp PVH.N : Barclays raises target price to $154 from $149 * Saia Inc SAIA.O : TD Cowen raises tar
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Telecoms seek to block US reinstatement of net neutrality rules

Telecoms seek to block US reinstatement of net neutrality rules By David Shepardson WASHINGTON, June 5 (Reuters) - Telecom industry groups are seeking to block the Biden administration's reinstatement of landmark net neutrality rules set to take effect on July 22. The Federal Communications Commission (FCC) voted in April along party lines to reassume regulatory oversight of broadband internet and reinstate open internet rules adopted in 2015 that were rescinded under former President Donald Tru
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Nvidia overtakes Apple as No. 2 most valuable company

CORRECTED-UPDATE 5-Nvidia overtakes Apple as No. 2 most valuable company In paragraph 10, corrects to show Nvidia's market cap gain was nearly $150 billion, not $150 million By Noel Randewich June 5 (Reuters) - Nvidia's NVDA.O rallied to record highs on Wednesday, with the artificial intelligence chipmaker's valuation breaching the $3 trillion mark and overtaking Apple AAPL.O to become the world's second most valuable company.
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Wall Street Journal - June 5

PRESS DIGEST - Wall Street Journal - June 5 June 5 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Elon Musk confirmed that many Nvidia NVDA.O chips initially intended for Tesla's TSLA.O electric-vehicle production were diverted to X due to logistical challenges.
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AT&T says issue disrupting some calls between wireless carriers resolved

UPDATE 4-AT&T says issue disrupting some calls between wireless carriers resolved Recasts with new AT&T statement By David Shepardson June 4 (Reuters) - AT&T T.N said late on Tuesday that an issue that had prevented making some calls to other wireless carriers had been resolved . Earlier, AT&T, Verizon VZ.N and T-Mobile TMUS.O said they were all experiencing issues with some calls between carriers.
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US investigating reports of inability to make wireless calls in multiple states

US investigating reports of inability to make wireless calls in multiple states June 4 (Reuters) - The Federal Communications Commission said on Tuesday it was investigating reports that consumers in multiple states are unable to make wireless calls. Reporting by David Shepardson; Editing by Leslie Adler
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Databricks to buy data management firm Tabular for over $1 bln

UPDATE 2-Databricks to buy data management firm Tabular for over $1 bln Rewrites paragraph 1, adds details and background in paragraphs 2-3, 5-8 June 4 (Reuters) - Databricks said on Tuesday it would buy data-management startup Tabular for more than $1 billion, as the privately held analytics platform looks to attract customers by helping them develop custom artificial intelligence (AI) applications.
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Wipro Expands Retail Media Offering In Collaboration With Cisco And AT&T

BRIEF-Wipro Expands Retail Media Offering In Collaboration With Cisco And AT&T May 31 (Reuters) - Wipro Ltd WIPR.NS : WIPRO LTD - EXPANDS RETAIL MEDIA OFFERING IN COLLABORATION WITH CISCO AND AT&T Source text for Eikon: ID:nBSEb1pNch Further company coverage: WIPR.NS
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AST SpaceMobile shares take off after it announces Verizon partnership

UPDATE 1-AST SpaceMobile shares take off after it announces Verizon partnership Updates price changes in paragraphs 1-2 and 5, adds topping trending charts in paragraph 7 NEW YORK, May 29 (Reuters) - AST SpaceMobile ASTS.O shares jumped more than 70% on Wednesday and hit their highest level since November 2022 after the satellite communication company announced a new direct-to-cellular tie-up with Verizon Communications VZ.N .
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AST SpaceMobile shares take off after it announces Verizon partnership

AST SpaceMobile shares take off after it announces Verizon partnership NEW YORK, May 29 (Reuters) - AST SpaceMobile ASTS.O shares jumped more than 50% on Wednesday and hit their highest level since November 2022 after the satellite communication company announced a new direct-to-cellular tie-up with Verizon Communications VZ.N . The stock has more than tripled since the start of May, and is now up about 35% for the year so far.
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AST SpaceMobile soars on Verizon partnership for space-to-cellular service

BUZZ-AST SpaceMobile soars on Verizon partnership for space-to-cellular service ** AST SpaceMobile Inc's ASTS.O shares soar 39.6% on Weds to $7.44, highest since Nov 2022, after satellite communication firm announces new direct-to-cellular tie-up with Verizon VZ.N ** Verizon commits $100 mln to partnership to enable AST SpaceMobile to target 100% coverage of continental U.S.
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UPS to make some parcel-tracking tags in India, executive says

UPS to make some parcel-tracking tags in India, executive says By Praveen Paramasivam May 29 (Reuters) - United Parcel Service UPS.N , the world's biggest parcel delivery firm, is in talks with several Indian state governments to make some of the tags used in tracking packages in the Asian country, a senior executive told Reuters on Wednesday. Semiconductor manufacturing is among Prime Minister Narendra Modi's key business agendas as he pursues an ambition of making the country a chipmaker for t
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T-Mobile makes lurch into uninspiring rural US

CORRECTED-BREAKINGVIEWS-T-Mobile makes lurch into uninspiring rural US Corrects to say U.S. Cellular’s subscriber base is 40% rural in paragraph two. A previous version said U.S. Cellular serves 40% of the rural population. The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Jennifer Saba NEW YORK, May 28 (Reuters Breakingviews) - T-Mobile US TMUS.O is taking to the back roads.
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Some of the biggest splits in Corporate America

FACTBOX-Some of the biggest splits in Corporate America Adds DuPont, Masimo Corp, Lionsgate, Citigroup, Edwards Lifesciences, Western Digital and AT&T ; Updates Labcorp, 3M, Kellogg, J&J and General Electric Co May 23 (Reuters) - Chemical maker DuPont DD.N has become the latest multinational to break up its business, announcing a plan to split the firm into three publicly traded companies.
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Viasat shares fall as slowing fixed broadband hurts revenue outlook

Viasat shares fall as slowing fixed broadband hurts revenue outlook May 21 (Reuters) - Viasat VSAT.O forecast annual revenue below Wall Street estimates in anticipation of a slowdown in its satellite services business, sending its shares down more than 11% after the bell on Tuesday. The company said it expects revenue from its satellite services to decline in low to mid-single digits as its U.S.
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