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Video game maker Electronic Arts agrees record $55bn buyout
Sky News· 2025-09-29 15:38
Group 1 - Electronic Arts (EA) is being taken private in a record $55 billion buyout, with shareholders receiving $210 per share, representing a 25% premium on the closing price before the announcement [1][2] - The deal surpasses the previous record of $32 billion paid for Texas utility TXU in 2007, with approximately $20 billion of the purchase price financed [2] - The acquisition reflects confidence in the recovery of blockbuster game franchises after a post-pandemic downturn, where gamers had become more cautious with their spending [3] Group 2 - EA's sports portfolio has shown strong performance due to its global appeal and resilient in-game spending [5] - The transaction is contingent upon shareholder and regulatory approval [5]
Stowaway found dead in landing gear of American Airlines plane
Sky News· 2025-09-29 09:14
Core Points - A stowaway was found dead in the landing gear of an American Airlines plane after it landed in the US [1] - The incident occurred at Charlotte Douglas International Airport, North Carolina, shortly after 9am local time on Sunday [1] - The aircraft had recently arrived from Europe, prompting maintenance crews to alert authorities upon discovering the body [1] Investigation Details - The Charlotte-Mecklenburg Police Department (CMPD) confirmed the individual was pronounced dead at the scene by airport division officers [2] - Homicide unit detectives are conducting an investigation, with crime scene search teams processing the scene for physical evidence [2] - CMPD's homicide unit is leading the investigation and is seeking information from the public [4] Response from Authorities - Representatives from CMPD's operations command and Mecklenburg EMS Agency (Medic) were involved in the response [4] - American Airlines and Charlotte Douglas International Airport have been contacted for comments regarding the incident [6]
'I don't care': Colombia's president says US violating international law after visa revoked
Sky News· 2025-09-28 09:32
Core Viewpoint - Colombia's president, Gustavo Petro, criticized the US decision to revoke his visa, asserting that it reflects a lack of respect for international law, particularly in the context of his comments on genocide [1][3]. Group 1: Visa Revocation and Diplomatic Relations - The US State Department announced the cancellation of Petro's visa due to his "reckless and incendiary actions" during a pro-Palestinian demonstration [2]. - Colombia's Ministry of Foreign Affairs condemned the use of visa revocation as a diplomatic tool, arguing it undermines the principles of freedom of expression and the independence of UN member states [9]. Group 2: Context of the Pro-Palestinian Demonstration - Petro called for the establishment of a global armed force to prioritize the liberation of Palestinians, stating it should be larger than the US military [2]. - The ongoing conflict in Gaza has resulted in over 65,000 deaths and more than 167,000 injuries since Israel's military campaign began in October 2023, with significant civilian casualties reported [7].
Energy group Ovo plots sale of stake in software arm Kaluza
Sky News· 2025-09-27 06:18
Core Viewpoint - Ovo is planning to sell a stake in its software arm Kaluza at a 'unicorn' valuation to strengthen its balance sheet amid regulatory challenges and financial pressures [1][7]. Group 1: Company Overview - Ovo is the fourth-largest residential gas and electricity supplier in Britain, serving nearly four million retail customers [1]. - The company was founded in 2009 by Stephen Fitzpatrick and has grown significantly, especially after acquiring the retail supply arm of SSE in 2020 [9]. - David Buttress is currently the CEO of Ovo, having previously held a position as Boris Johnson's cost-of-living tsar [10]. Group 2: Kaluza's Valuation and Ownership - Kaluza, an energy intelligence platform, is 80% owned by Ovo, with the remaining 20% owned by Australian energy company AGL, which valued Kaluza at $500 million (£395 million) last year [2][3]. - Industry sources suggest that Ovo may seek a valuation for Kaluza of over $1 billion, with some analysts estimating it could be as high as $2.5 billion based on annual recurring revenue (ARR) [3]. Group 3: Financial Strategy and Partnerships - Ovo is exploring options for Kaluza's stake sale as part of a broader strategy to enhance its financial position, including discussions for a potential £300 million investment [4][5]. - Kaluza recently entered a licensing partnership with French energy group Engie, indicating its growth strategy in the energy software sector [2]. Group 4: Regulatory Challenges - Ovo has faced challenges in meeting targets set by Ofgem, the industry regulator, which has prompted the company to take proactive measures to align with new capital rules [7]. - The company has experienced difficulties related to customer complaints about overcharging, impacting its relationship with Ofgem [9].
Microsoft blocks some services used by Israeli military after probe into mass surveillance of Palestinians
Sky News· 2025-09-26 06:48
Core Points - Microsoft has blocked an Israeli military unit from accessing certain services after evidence suggested the software was used for surveillance of Palestinian civilian phone calls [1][2] - The internal review by Microsoft confirmed the Israel Ministry of Defence's use of Azure storage and AI services, leading to the decision to disable specific subscriptions [2] - Protests against Microsoft's ties to Israel have been ongoing, with groups like No Azure for Apartheid supporting the company's recent decision [4][7] Company Actions - Microsoft ceased and disabled certain subscriptions for the Israel Ministry of Defence, specifically targeting cloud storage and AI services [2] - The decision will not affect Microsoft's cybersecurity services provided to Israel and other Middle Eastern countries [2] Industry Reactions - Pro-Palestinian groups welcomed Microsoft's decision, viewing it as a victory for tech workers who protested against the company's involvement [4][7] - The investigation that prompted Microsoft's actions was conducted in collaboration with various media outlets, highlighting the scrutiny on tech companies regarding their operations in conflict zones [7]
Trump signs order on TikTok to pave way for US ownership
Sky News· 2025-09-25 20:58
Core Points - Donald Trump signed an executive order allowing TikTok to continue operating in the United States, following discussions with China's President Xi Jinping regarding the deal's final terms [1][3] - The deal is valued at approximately $14 billion (£10.5 billion), establishing a new joint-venture company to manage TikTok's US operations, with ByteDance retaining less than 20% ownership [2] - The primary goal of the negotiations was to ensure TikTok's operation while safeguarding American data privacy, as stated by Vice President JD Vance [3] Group 1 - TikTok's US operations will be managed by a new joint-venture company [2] - ByteDance will hold less than 20% of the stock in the new company [2] - The deal was delayed multiple times before being finalized [1] Group 2 - The executive order was a response to a potential shutdown of TikTok for American users by January 2025 if ByteDance did not divest its assets [1] - There was some resistance from the Chinese side during negotiations [3] - TikTok has been credited by Trump for contributing to his re-election efforts [3]
Amazon agrees $2.5bn settlement for allegedly duping customers into Prime membership
Sky News· 2025-09-25 19:39
Core Viewpoint - Amazon has reached a $2.5 billion settlement with the Federal Trade Commission (FTC) over allegations of misleading customers into signing up for Prime membership and complicating the cancellation process [1][5]. Group 1: Settlement Details - The settlement includes $1 billion in civil penalties and $1.5 billion to be refunded to customers who were unintentionally enrolled in Prime or faced difficulties in canceling their subscriptions [2]. - Approximately 35 million Prime customers are eligible for payouts from the $1.5 billion fund, with those who signed up between June 23, 2019, and June 23, 2025, receiving $51 each if they used few Prime benefits [2]. Group 2: Allegations Against Amazon - The FTC accused Amazon of making it intentionally difficult for customers to purchase items without subscribing to Prime, with unclear transaction completion buttons that enrolled customers into Prime [3]. - The cancellation process was described as overly complicated, requiring customers to affirm their desire to unsubscribe on three separate pages, internally referred to as "Iliad" [4]. Group 3: Company Response - Amazon did not admit any wrongdoing but opted for a quick resolution to avoid a lengthy trial, stating confidence in winning the case [5]. - The company emphasized its commitment to transparency in subscription terms and is now prohibited from misrepresenting subscription details, requiring clear disclosure of costs and obtaining express consent from customers [7][8].
Trump 'to link paracetamol use to autism' - here's what the evidence says
Sky News· 2025-09-22 19:08
Core Viewpoint - The article discusses the potential link between paracetamol use during pregnancy and autism, highlighting the lack of substantial evidence to support this claim despite rising autism rates in the US and increased paracetamol consumption [1][2][4]. Group 1: Paracetamol Usage and Autism Correlation - Americans account for over 40% of global paracetamol consumption, spending more than $4 billion annually on acetaminophen products [1]. - Autism rates in the US have increased significantly, from approximately one in 150 children in 2000 to about one in 30 today [1]. - Some studies suggest a correlation between maternal paracetamol use during pregnancy and autism or other neurodevelopmental disorders, but these studies have not definitively proven causation [2][3]. Group 2: Confounding Factors - Factors such as parental genetics, maternal lifestyle, and the underlying reasons for paracetamol use (e.g., viral infections) may confound the observed correlation [3]. - A large study involving 2.5 million children in Sweden found only a marginal increase in autism risk associated with maternal paracetamol use, which disappeared when considering siblings born to the same mothers during pregnancies without paracetamol use [6][8]. Group 3: Health Recommendations - Health authorities, including those in the UK, continue to recommend paracetamol as the safest pain relief option during pregnancy, as other painkillers like ibuprofen may pose risks [9]. - Experts caution that avoiding paracetamol could lead to more significant health issues for both the mother and the developing baby [11][12]. Group 4: Societal Implications - The discussion around a potential link between paracetamol and autism may contribute to stigma against mothers of autistic children, which is a concern among researchers [14]. - The narrative surrounding this issue may serve as a distraction from other controversies, reflecting broader themes in US health policy [16][17].
Judge throws out Trump's $15bn lawsuit against New York Times
Sky News· 2025-09-19 19:46
Core Points - Donald Trump's $15 billion defamation lawsuit against The New York Times has been dismissed by a judge, allowing him 28 days to amend his complaint [1][2] - The judge criticized Trump's complaint as a "decidedly improper" attempt to attack an adversary, emphasizing that a complaint should inform defendants clearly and not serve as a platform for vitriol [2] - Trump's legal team remains committed to holding the media accountable, while The New York Times welcomed the ruling, stating the complaint was more political than legal [3] Group 1 - The lawsuit was initiated after The New York Times published a report regarding alleged notes Trump sent to Jeffrey Epstein, which Trump claims are false [1][6] - The judge has mandated that Trump submit an amended complaint not exceeding 40 pages within the given timeframe [2] - Trump's social media post described The New York Times as "one of the worst and most degenerate newspapers," reflecting his ongoing conflict with the media [6] Group 2 - The controversy also involves a lewd birthday message Trump allegedly sent to Epstein, which was later published by Congress [7][8] - Trump's assertion that the notes were not written by him is based on claims that the handwriting and signature do not match his own [8] - The media landscape is further complicated by Trump's comments about revoking licenses from networks that provide negative coverage, indicating a broader tension between his administration and the media [11][14]
Body found in Tesla registered to singer d4vd named as missing 15-year-old girl
Sky News· 2025-09-18 10:00
Group 1 - A decomposed body identified as 15-year-old Celeste Rivas was found in a car registered to singer d4vd [1] - The remains were discovered in a Tesla on September 8, after police were alerted by a foul smell [1] - The Los Angeles County Medical Examiner's Office has not yet determined the cause of death [2] Group 2 - The LAPD has not classified the death and currently lacks suspect information [3] - d4vd's spokesperson stated that he is fully cooperating with authorities regarding the discovery [5] - The singer's scheduled performance in Seattle has been canceled due to the incident [7]