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Regulatory Approval

All articles tagged with #regulatory approval

Google Maps cleared to operate in South Korea under new security rules
technology2 days ago

Google Maps cleared to operate in South Korea under new security rules

South Korea’s transport ministry granted conditional approval for Google Maps to export detailed mapping data, requiring data processing on domestic servers, local hosting, government clearance, and security controls (including blurring sensitive areas) along with a compliance officer; this ends a decades-long ban that previously blocked walking and driving directions and signals a shift that could boost Maps’ competitiveness against local rivals and aid foreign visitors.

via Financial Times|
#data-export#google-maps#maps-data
Paramount Skydance to Acquire Warner Bros. Discovery in Historic $110 Billion Deal
business2 days ago

Paramount Skydance to Acquire Warner Bros. Discovery in Historic $110 Billion Deal

Paramount Skydance agreed to acquire Warner Bros. Discovery in a deal valued at about $110 billion including debt, valuing WBD around $77 billion in equity at $31 a share and bringing together WBD’s film studio, HBO Max and CNN with Paramount Skydance’s library; Netflix had bid earlier but pulled out and will receive a $2.8 billion termination fee. The deal requires regulatory clearances and WBD shareholder approval, with a Sept. 30 ticking fee if not closed and a target closing in early spring 2026, while integration details remain unclear.

via NBC News|
#business#merger#netflix
Paramount Hikes Bid for Warner Bros. Discovery as Regulatory Fees Enter Play
business5 days ago

Paramount Hikes Bid for Warner Bros. Discovery as Regulatory Fees Enter Play

Paramount Global has boosted its bid for Warner Bros. Discovery to $31 a share in cash, plus a $7 billion regulatory termination fee if regulators block the deal, and a ticking fee of $0.25 per quarter after Sept. 30, 2026; Paramount also agreed to cover WBD’s $2.8 billion Netflix termination fee. Netflix has offered about $27.75 per WBD share (roughly $82.7 billion). WBD’s board has not yet declared Paramount’s offer superior to Netflix’s, and could trigger a four‑business‑day negotiation window for Netflix if it deems Paramount’s bid a “Company Superior Proposal.” The bid comes as Paramount pursues a potentially hostile deal ahead of a March 20 shareholder vote on the Netflix agreement.

via The Hollywood Reporter|
#business#mergers-and-acquisitions#netflix
business5 days ago

Uber to acquire SpotHero to add in-app parking reservations

Uber Technologies plans to acquire SpotHero, bringing SpotHero’s parking reservation network (over 13,000 locations in 400+ cities across the US and Canada) onto the Uber app to offer native parking for commuters, events, and airports, with potential parking benefits for Uber One members; the deal is expected to close in the first half of 2026, subject to regulatory approval and customary closing conditions.

via Uber|
#acquisition#business#parking
FDA to Revisit Moderna’s New mRNA Flu Vaccine for Adults 50+
health11 days ago

FDA to Revisit Moderna’s New mRNA Flu Vaccine for Adults 50+

The FDA will review Moderna’s newly developed mRNA seasonal flu vaccine after a prior rejection over trial design, with no safety or efficacy concerns cited. Moderna says it has met with the FDA and proposed a revised regulatory pathway, seeking full approval for adults 50–64 and accelerated approval for 65+, potentially making the vaccine available for those 50+ in the 2026–2027 flu season if approved.

via CNN|
#fda#flu-vaccine#health
American Airlines to Resume nonstop US–Venezuela flights pending approvals
business1 month ago

American Airlines to Resume nonstop US–Venezuela flights pending approvals

American Airlines announced plans to reinstate nonstop service between the United States and Venezuela, becoming the first carrier to reconnect the two countries. The flights are contingent on government approvals and security assessments and are intended to support business, leisure and humanitarian travel. The airline, which has a 30-year history with Venezuela, says it will work with regulatory authorities, unions and staff before resuming service.

via American Airlines Newsroom|
#air-travel#american-airlines#business
Verizon-Frontier merger clears regulators, paving the way for a nationwide fiber-mobile combo
business1 month ago

Verizon-Frontier merger clears regulators, paving the way for a nationwide fiber-mobile combo

Verizon and Frontier have cleared all regulatory hurdles to close their acquisition on January 20, 2026, expanding Verizon’s fiber footprint to nearly 30 million passings across 31 states and Washington, D.C., enabling cross-sell opportunities and new bundled mobility and fiber offers after closing, with Frontier’s stock to be delisted following the completion of the deal.

via Verizon|
#acquisition#business#fiber
Kalshi's Rise: From Ballerina to Billionaire in the Prediction Market
business2 months ago

Kalshi's Rise: From Ballerina to Billionaire in the Prediction Market

Luana Lopes Lara, a former professional ballerina and MIT graduate, co-founded Kalshi, an innovative prediction market platform now valued at $11 billion, making her the world's youngest self-made woman billionaire. The company faced regulatory hurdles but succeeded in establishing a new asset class for trading on future events, and has seen rapid growth and expansion into crypto and partnerships, despite ongoing legal challenges.

via Forbes|
#billionaire#business#kalshi