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Paramount mulls removing CEO Bob Bakish amid Skydance sale talks

Paramount Global is reportedly considering dumping longtime CEO Bob Bakish and replacing him with a group of executives. ....

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TikTok owner ByteDance reportedly will shut down app rather than sell site as it faces ban

The algorithms TikTok relies on for its operations are deemed core to ByteDance’s overall operations, which would make a sale of the app with algorithms highly unlikely, sources close to the parent said. ....

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Xerox eyeing sell-offs in Europe | OPI - Office Products International

Xerox has confirmed it is looking at making changes to its go-to-market model in parts of Europe. During yesterday’s Q1 earnings conference call, COO John Bruno discussed the OEM’s “geographic optimisation”, which has already resulted in the sale – or agreements to sell – direct operations in Argentina, Chile, Ecuador and Peru. He added that ....

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Staples offloads DEX | OPI - Office Products International

Staples Inc has agreed to sell its DEX Imaging business to the company’s management in a private equity-backed buyout. New York-based investment firm Gamut Capital Management, in partnership with DEX’s founders – Dan Doyle Sr and Dan Doyle Jr – have signed a definitive agreement with Staples to buy the company. Terms of the transaction, ....

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MSCI counts the cost of bank M&A, looks ahead to custom indexes, AI

Cancellations of overlapping contracts following a bank merger put a dent in MSCI’s earnings, but management remains upbeat about the potential of recent ....

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