This week’s Current Climate newsletter also looks at GM’s push to develop data center batteries and turning to street lights to boost EV charging options.
Fox acquires Roku in a $22bn deal that drags the cable-reliant broadcaster squarely into streaming. Fox Corporation will pay $160 a share, in cash and stock, for the maker of the streaming sticks and smart TVs sitting in more than 100 million household…
Fox Corporation has completed its acquisition of Roku, the maker of streaming sticks and smart TV software, in a cash-and-stock deal worth about $22bn. The deal closed on Friday, and Roku’s shares stopped trading on Nasdaq the same day. Fox agreed to b…
Fox has announced that it’s acquiring Roku outright, in a deal that values the streaming company at $22 billion. Once the deal is complete, Fox content will be promoted more heavily than before on Roku streamers and smart TVs. The deal will see Fox’s TV networks and Tubi streamer combine with Roku’s network of streaming […]
Congress wants a new command focused on AI and autonomous systems. Critics argue it could make the U.S. military less effective, not more.
Panthalassa sees data centers powered and cooled by the ocean as a cheaper alternative to the orbiting server farms Musk is pitching to SpaceX investors.
Razorpay, the Bengaluru payments company, has filed draft papers for an initial public offering through India’s confidential route, according to people familiar with the matter. The filing moves one of the country’s larger fintech firms a step closer t…
Schneider Electric has announced a strategic collaboration with Hon Hai Technology Group, better known as Foxconn, to design and scale the next generation of AI data centres. The deal, announced on 15 June, pairs the French energy-management group with…
The UK government is introducing a ban on social media for children and a minimum age for some chatbots in an attempt to shield young people from dangerous corners of the web.
Two days after taking SpaceX public in the largest stock-market debut on record, Elon Musk said the company could be earning roughly $1tn a year by 2030, and probably more in 2031. He made the claim on X over the weekend, as Reuters reported, with the …