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724 storiesParamount closes Warner Bros. Discovery takeover, creating Skydance
Paramount Skydance closed its acquisition of Warner Bros. Discovery on Tuesday, creating a company named Skydance led by CEO David Ellison and co-CEO Ynon Kreiz. The merged company brings CNN, CBS News, HBO Max and Paramount+ under one roof…
Japan antitrust watchdog raids Asahi, Kirin, Suntory, Sapporo over beer price cartel
Japan's Fair Trade Commission began a forced investigation on Oct 7 into Asahi Beer, Kirin Beer, Suntory and Sapporo Beer on suspicion of an Antimonopoly Act violation over beer prices. The four are suspected of coordinating wholesale price…
LG Electronics Q3 revenue 23.8 trillion won, operating profit up 13.5% but below consensus
LG Electronics reported preliminary third-quarter revenue of 23.827 trillion won, up 8.9% from a year earlier, and operating profit of 781.8 billion won, up 13.5%. Both figures fell short of the average analyst consensus, and the shares dro…
Boston Dynamics names former Amazon AI executive Rohit Prasad as CEO
Boston Dynamics, described by Korean outlets as Hyundai Motor Group's robot affiliate, said it has appointed Rohit Prasad, a former Amazon executive who led work on the Alexa voice assistant, as its new chief executive. The company said the…
Tropical Storm Isaias forms off Mexico, forecast to hit US Gulf Coast as hurricane
Tropical Storm Isaias formed early Wednesday in warm waters off eastern Mexico with maximum sustained winds of 40 mph, and forecasters expect it to strengthen into the first hurricane of the Atlantic season before reaching the U.S. Gulf Coa…
Nissui logistics unit outage halts shipments at 17 sites; unauthorized access suspected
Nissui said a system failure at its subsidiary Nissui Logistics has stopped inbound and outbound shipments at all 17 of the unit's warehouses. The company believes the cause was unauthorized access by a third party to a data center used by …
Paramount Skydance closes $110bn Warner Bros. Discovery acquisition
Paramount Skydance completed its purchase of Warner Bros. Discovery for $110bn, and the combined company is named Skydance. Its shares will trade on the New York Stock Exchange under the ticker SKYD, while WBD shares stopped trading on Nasd…
Ransomware attack on SoftBank unit's cloud affects 495 firms, municipalities
IDC Frontier, a SoftBank subsidiary, said part of its IDCF Cloud service was hit by unauthorized access that caused an outage from around 03:40 on October 7. The affected area is the East Japan Region 1, served by a data center in Shirakawa…
Samsung Biologics union seeks direct bargaining with Samsung Electronics
The Samsung Biologics Sangsaeng labor union said it sent Samsung Electronics a formal request for collective bargaining over personnel and compensation systems, arguing the larger company is a de facto employer. It asked Samsung Electronics…
Apple and LG Electronics jointly develop smart home devices under LG brand
Apple and LG Electronics are jointly developing smart home devices — a camera-equipped video doorbell, a smart door lock, a security camera and a smart temperature sensor and thermostat — to be sold under the LG brand, according to Bloomber…
HD Hyundai names Lee Sang-kyun to lead shipbuilding in 2026 executive reshuffle
HD Hyundai announced its 2026 president-level appointments on Oct 7, naming Vice Chairman Lee Sang-kyun as head of the group's shipbuilding business and promoting Cho Min-soo to president and safety chief representative director at HD Hyund…
APR's Medicube opens first K-beauty permanent store in Mexico's Palacio de Hierro
APR's beauty brand Medicube opened a permanent store on October 7 local time at the Palacio de Hierro Satélite branch in northwestern Mexico City. APR said it is the first K-beauty brand to open a permanent store within the Palacio de Hierr…
Typhoon No. 27 moves north near Ogasawara as typhoons 28 and 29 form
Typhoon No. 27, described by the Japan Meteorological Agency as large and very strong, moved north over waters near the Ogasawara Islands and was forecast to approach the islands at very strong intensity from the evening of Oct. 5 to early …
Sberbank chief Gref says bank will keep branches as clients shift to digital
Sberbank president and board chairman German Gref said the bank does not plan to give up its branches while customers gradually move to digital services, and that it will keep improving its offline network. Speaking at the “Digital Solution…
Russian tourist dies in paragliding accident near Fethiye in southwest Turkey
A Russian tourist died in a paragliding accident near the Turkish resort of Fethiye, Russian outlets reported, citing the Turkish broadcaster CNN Türk. TASS said an investigation has been opened. Vedomosti reported the man was 37 and that t…
Samsung Art Store to feature 30 British Museum works on art TVs
Samsung Electronics said it will present 30 representative works from the British Museum on Samsung Art Store, its art subscription service for Samsung TVs. The collection focuses on 19th-century British landscape painting, including pieces…
Fire at Ustuu-Khuree Buddhist monastery complex in Tuva put out; no injuries
A fire broke out on 7 October at the Ustuu-Khuree Buddhist monastery complex in Tuva, about 5 km from the town of Chadan. Emergency services localized the blaze and later extinguished it; the MChS reported an area of 468 sq m, while earlier…
Shinsegae invests $1bn in Warner Bros. deal as Paramount completes takeover
Shinsegae Group said its unit Shinsegae Property will invest $1bn (about 1.4 trillion won) in the takeover of Warner Bros. led by Paramount Skydance, alongside David Ellison and US investment firm RedBird. Paramount completed the acquisitio…
Thailand flood death toll reaches 60; Bangkok and 27 provinces affected
Thailand's Interior Ministry disaster agency said on Oct 7 that flooding has killed 60 people and affected more than 1.48 million households, or 4.19 million people. The country has seen repeated heavy rain and widespread flooding since Sep…
Trump announces $6.6B Anduril-Navy shipyard in Baltimore for submarine components
President Trump announced a $6.6 billion project by Anduril Industries and the US government to build a shipyard at Sparrows Point near Baltimore for Virginia-class submarine components. Anduril is investing $3.7 billion and the Navy holds …