News & Reviews:   shareholders

Previously, Netflix announced its intention to acquire Warner Bros. However, many things happened then, including Paramount coming into the bidding war picture. After a few months, Netflix then called off its offer. Warner Bros. Discovery today has announced that its shareholders have officially approved the company’s proposed transaction with Paramount Skydance, marking a major step forward in one of the biggest media deals in recent years.

Ever since U Mobile was nominated as the second 5G network provider in Malaysia, the news caught many Malaysians by surprise, particularly other well-known local telcos. But in order to proceed, the orange telco's foreign shareholders must reduce its ownership.