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French hospitality group Accor reported annual core profit slightly above market expectations for 2025, supported by portfolio diversification and growth in its loyalty programme. The company posted earnings before interest, taxes, depreciation and amortisation of 1.20 billion euros, exceeding analyst forecasts of 1.19 billion euros and improving from 1.12 billion euros in 2024. Accor plans […]
World Labs, the startup founded by computer scientist Fei-Fei Li, has raised $1 billion in a new funding round to advance its work in spatial intelligence. The investment drew support from major technology players including AMD, Nvidia and Autodesk, along with firms such as Fidelity Management & Research Company and Sea. Autodesk alone contributed $200 […]
The chair of the Federal Communications Commission has expressed support for Nexstar’s proposed $3.54 billion acquisition of Tegna, a move that could create the largest regional television station operator in the United States. If approved, the deal would significantly expand Nexstar’s reach, potentially covering up to 80 percent of U.S. television households across key markets. […]