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PRESS DIGEST- New York Times business news - July 2
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PRESS DIGEST- New York Times business news - July 2
Jul 1, 2024 10:14 PM

July 2 (Reuters) - The following are the top stories on

the New York Times business pages. Reuters has not verified

these stories and does not vouch for their accuracy.

- Billionaire Barry Diller's digital-media conglomerate IAC

is exploring a bid to take control of Paramount Global ( PARAA )

, the parent company of CBS, MTV and Nickelodeon,

according to four people with knowledge of the matter.

- USA Today's editor-in-chief Terence Samuel is leaving the

role after a year, the newsroom was told on Monday.

- European Union regulators said Meta's

subscription, which costs up to 12.99 euros ($13.94)a month,

amounted to a "pay or consent" scheme that required users to

choose between paying a fee or handing over more personal data

to Meta to use for targeted advertising.

- Hurricane Beryl was barreling west toward Jamaica as a

Category 5 storm early Tuesday morning, hours after it carved a

trail of destruction across the southeast Caribbean and killed

at least two people, officials said.

($1 = 0.9319 euros)

(Compiled by Bengaluru newsroom)

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