09:15 AM EST, 01/10/2025 (MT Newswires) -- Warner Bros. Discovery ( WBD ) Walt Disney's ( DIS ) ESPN ( DIS ) unit, and Fox (FOX, FOXA) said in a joint statement Friday they have decided not to move forward with their planned Venu sports streaming service. The companies determined that focusing on their existing products and distribution channels better...

NEW YORK (Reuters) - Activist investor Barington Capital Group wants TriMas ( TRS ) to launch a strategic review of options, including the possible sale of the entire company, arguing in a letter that hiring a financial adviser is a higher priority than finding a new CEO. The New York-based hedge fund, which owns roughly 1.5% of the Bloomfield Hills,...

D-Wave Quantum Inc. ( QBTS ) on Friday said it expects significant booking growth for fiscal year 2024. The company reported that its bookings will exceed $23 million, marking a 120% increase over fiscal year 2023. The company’s CEO Alan Baratz has criticized Nvidia Corp. CEO Jensen Huang for his comments regarding the timeline for achieving practical quantum computing, saying he is “dead...

09:15 AM EST, 01/10/2025 (MT Newswires) -- Teva Pharmaceutical Industries ( TEVA ) and Samsung Bioepis said Friday that they have signed an agreement to develop and commercialize Epysqli, Samsung Bioepis' biosimilar to Alexion Pharmaceuticals' Soliris, in the US. Under the terms of the deal, Samsung Bioepis will oversee the development, regulatory registration, manufacture, and supply of Epysqli, while Teva...