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Fox Buys Roku In $22 Billion Deal To Build "Next-Gen Media" Giant

Fox Buys Roku In $22 Billion Deal To Build "Next-Gen Media" Giant Fox agreed to acquire Roku for $160 per share in a cash-and-stock deal, valuing Roku at around $22 billion. The deal marks a major push by Fox into connected TV, streaming advertising, and direct-to-consumer distribution. On Friday, Roku shares jumped 20% to a four-year high on Bloomberg news that the company was in talks to be acquired by an unnamed media company. That created a wave of suspense over the weekend among Wall Street research desks, which published several...
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May 29, 2026 / Tyler Durden
Iran Clarifies Deal 'Not Finalized' Amid Lack Of Trust, Warns US-Gulf Of 'Utter Ruin' If War Resumes
Apr 19, 2026 / Tyler Durden
8 Of The Top 10 'Most Surveilled' Cities Are Asian
8 Of The Top 10 'Most Surveilled' Cities Are Asian While quantifying the total number of surveillance cameras in the world remains an almost impossible task, IHS Markit suggested that there would be around 1 billion surveillance cameras worldwide This visualization, via Visual Capitalist, ranks major global cities by the number of CCTV cameras per 1,000 people using data from Comparitech, showing where surveillance is most concentrated. China is the most-surveilled nation overall, with 700 million cameras (494 per 1,000 people), though per-city data is unavailable. That’s almost one camera for every two people. While China...
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Apr 30, 2026 / Tyler Durden
Japan Intervened In FX Market To Buy Yen
Japan Intervened In FX Market To Buy Yen With Brent surging to a new post war high overnight, rising as high as $125 on fear of an imminent resumption of hostilities in Iran, which dragged yields higher, and also pushed the USDJPY above 160 for the first time since late March, overnight Japan made clear - again - it wouldn't take it any more, with the usual round of jawboning. *KATAYAMA: WE ARE MONITORING FX MARKET WHILE YOU ARE ON HOLIDAY *KATAYAMA: WE ARE NEARING TIMING TO TAKE BOLD ACTION ON FX Then *MIMURA:...
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