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Wall Street ends higher as US-Iran attacks ease; major tech-related shares jump ; major tech-related shares jump
U.S. stocks climbed with the Dow hitting a record close as easing tensions between the U.S. and Iran and gains in tech shares boosted markets.
Comcast to split cable business from media in NBCUniversal, Sky spinoff
Comcast will split into two public companies by spinning off NBCUniversal and Sky, separating its broadband cable business from media and entertainment operations.
Jeff Shell exits as president of Paramount Skydance amid legal disputes
Jeff Shell is out as president of Paramount Skydance following legal disputes involving a $150 million lawsuit and allegations of misconduct.
Disney to pay almost $439 million to take full control of streaming service Hulu
Disney will pay Comcast‘s NBCUniversal nearly $439 million for its stake in Hulu, taking full control of the streaming service. The move closes out an appraisal process that’s dragged on for a few years. Disney said in November 2023 that it was acquiring a 33% stake in Hulu from Comcast for at least $8.6 billion. […]
