Browsing Tag
California
529 posts
Paramount’s $110bn Warner Bros. deal faces rising cost as DOJ enters bond fight
The United States Justice Department has backed the principle that states trying to block Paramount Skydance’s $110 billion Warner Bros. Discovery acquisition should post a bond, as Paramount argues regulatory delay could leave it paying more than $1 billion in merger ticking fees.
5E Advanced Materials wins court approval for Searles Valley critical minerals acquisition
5E Advanced Materials has won court approval to acquire Searles Valley assets, adding boron production, infrastructure and new financing obligations.
Dollar Shave Club moves beyond razors with Gen Z-focused Truly Beauty acquisition
Dollar Shave Club buys Truly Beauty in its first acquisition, creating a broader personal-care platform built around retail, TikTok and Gen Z growth.
Why Barilla wants a mac and cheese brand whose customers often never bought the category before
Barilla is buying Goodles after the US mac and cheese challenger reached 7.8% share, testing whether global scale can preserve its disruptive growth.
The Trade Desk revenue grew just 3%. Why is 15% of its workforce now going?
The Trade Desk is eliminating approximately 15% of its workforce after second-quarter revenue growth slowed to 3%, while adjusted EBITDA and net income declined and its shares lost roughly 60% in 2026.
Zscaler revenue grew 25%. Why is it cutting 3% of its workforce to invest more in AI?
Zscaler is cutting approximately 3% of its global workforce and taking up to $33 million in restructuring charges even as fiscal fourth-quarter revenue and annual recurring revenue both grow 25%, with management explicitly redirecting resources toward artificial intelligence and growth initiatives.
Why Kongsberg waited 14 months to complete its Sonatech underwater acoustics deal
Kongsberg Gruppen ASA has completed its acquisition of California underwater acoustics specialist Sonatech more than 14 months after signing the deal, adding a long-standing US Navy supplier to a business increasingly focused on defence, autonomous underwater systems and subsea surveillance.
Synopsys just lifted its outlook. So why are 128 engineers and researchers losing jobs?
Synopsys is cutting 128 Sunnyvale jobs as post-Ansys restructuring costs climb toward $500m. Find out why despite 42% revenue growth.
Bamboo Insurance has $879m of managed premium, but its IPO comes with a $548m debt question
CVC-backed Bamboo Insurance Services has filed for a New York Stock Exchange listing after managed premium approached $879 million and first-half revenue grew 40%. The capital-light insurance model is producing strong adjusted margins, but a $548 million term loan, declining GAAP profit and catastrophe exposure will make the eventual IPO price critical.
Maed expands Sephora footprint by 36% as self-funded beauty strategy gains traction
Maed is expanding from 80 to 109 Sephora stores without outside funding, testing whether disciplined beauty growth can survive rising inventory needs.