BERLIN (Reuters) - German media giant Axel Springer, which owns Germany's popular Bild tabloid and political news company Politico, is considering a split of the company together with private equity group KKR, two sources familiar with the matter told Reuters on Friday. The plan would see KKR gain control of Springer's classifieds business, while CEO Mathias Doepfner would take control...

07:48 AM EDT, 07/12/2024 (MT Newswires) -- Microsoft's ( MSFT ) $1.5 billion investment in UAE-based artificial intelligence firm G42 could be an avenue for sharing sensitive US-origin technology to China, Republican lawmakers said Thursday in requests to the Biden administration for an intelligence assessment on the partnership. Representatives Michael McCaul, chair of the House Foreign Affairs Committee, and John...

Tesla, Inc. ( TSLA ) shares could head lower for a second straight session if the premarket losses are sustained in regular trading. The stock slumped 8.44% on Thursday before settling at $241.03, according to Benzinga Pro data. The weakness came amid rumors that the company might be pushing back the robotaxi unveil event by two months to October. Ahead...

07:46 AM EDT, 07/12/2024 (MT Newswires) -- Semtech ( SMTC ) said Friday it will repurchase $183 million of the outstanding amount of the 4.00% convertible senior notes due 2028 from existing bondholders. The company will fund the repurchase by issuing its common stock to the convertible senior notes holders. The number of shares issued would be determined over an...