Antitrust

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Uber Raises Delivery Hero Stake in €270 Million Prosus Deal

Uber Technologies Inc. is raising its holding in Germany’s Delivery Hero SE, buying a stake from its European rival’s biggest shareholder for €270 million ($318 million).

By Loni Prinsloo

Yield Bets Pay Off for Traders Willing to Tune Out War Risks

Those credit investors who gambled on higher-yielding corporate bonds in the midst of the Iran war are looking increasingly vindicated as markets rebound on hopes of a lasting truce.

Bankrupt Hospitals Sue Insurers in Hunt for Creditor Recoveries

A wave of hospital bankruptcies has brought in its wake high-stakes lawsuits aiming to boost creditor payouts by targeting health insurers over allegedly systemic claim denials.

Malaysia Plans Social Media Curbs for Under 16s in June

Malaysia plans to restrict social media access for those under 16 as early as June, aligning with a global push by governments to protect minors online.

China Steps Up Outreach to Italy During Trump’s Rift With Meloni

Chinese Foreign Minister Wang Yi pledged to deepen relations with Rome in a meeting with his Italian counterpart, as a split worsens between US President Donald Trump and Prime Minister Giorgia Meloni.

Nvidia Alum Rides China’s Robotics Wave to 187% Debut Pop

Manycore Tech Inc. built a billion-dollar valuation in China’s once-sizzling real estate market. Now, the software unicorn is betting on robotics and AI for its second act.

SpaceX Moves Up Vesting Schedule for Employee Shares Before IPO

SpaceX has moved up a scheduled vesting date for shares awarded to employees to as soon as next week, according to people familiar with the matter, ahead of an IPO targeted to value the company at more than $2 trillion.

Baseball Streaming Rights Also Draw Federal Antitrust Scrutiny

US regulators are increasingly scrutinizing the distribution of streaming rights for Major League Baseball games as part of a broader federal inquiry about how professional sports leagues provide their games to online platforms, potentially driving up costs for consumers.

Tiger Global-Backed Upscale AI In Talks for $2 Billion Valuation

Artificial intelligence startup Upscale AI is in talks to raise a new round of funding at a valuation of about $2 billion, according to people with knowledge of the efforts.

Paramount Vows to Keep Films in Theaters at Least 45 Days

Paramount Skydance Corp. plans to release all of its films in theaters and keep them there exclusively for at least 45 days as the media company continues to face criticism over whether its pending acquisition of Warner Bros. Discovery Inc. will hurt Hollywood.