Trump Media and Technology Group, the parent company of Truth Social, announced on Monday that it is merging with private nuclear fusion company TAE Technologies in a deal valued at approximately $6 billion. The merger, aimed at repositioning the struggling media firm into energy infrastructure, is expected to close by mid-2026. Read More: Media firms face […]
merger
Amazon spending $3.9 bn in expanding health care push
New York: Amazon announced Thursday it will acquire US primary health care provider One Medical for $3.9 billion, a major step for the online retail giant’s move into the medical sector. The massive firm has steadily gone far beyond e-commerce, and earlier this year said its telemedicine service was expanding nationwide in the United States. […]
Biden unveils sweeping effort to counter corporate consolidation
Vowing to reset the economy for the benefit of everyday workers and consumers, President Joe Biden unveiled on Friday a wide-ranging plan to tilt the balance of power away from corporations and towards “the little guy.” Biden described the initiative as a shift from what he called Washington’s 40-year “experiment of letting giant corporations accumulate […]
Tribal leaders reject merger of FATA, announce protest in Islamabad
LAHORE: More than 500 tribal leaders on Thursday convened in a jirga to declare their disapproval of the possible merger of Federally Administered Tribal Areas (FATA) with Khyber Pakhtunkhwa. Announcing a protest on December 23 in Islamabad, the leaders of the tribes reiterated their opinion that FATA should be given the status of a separate province. […]