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Elon Musk merges SpaceX with xAI at $1.25tn valuation

Aerospace business and artificial intelligence firm to unite for IPO as world’s most valuable private company

As most TV viewers tune in via broadband, will 2034 signal the death of Freeview?

The aerial-accessed service has a fast-dwindling audience but when exactly to switch the platform off is proving highly divisive

UK media groups should be allowed to opt out of Google AI Overviews, CMA says

News organisations hope proposals will increase leverage to get paid if content is used in AI summaries

Coinbase adverts banned in UK for suggesting crypto could ease cost of living crisis

Advertising Standards Authority says firm advised by George Osborne ‘trivialised risks of cryptocurrency’

‘No one knows anything’: Washington Post staffers fear major cuts

Members of foreign staff send letter to billionaire owner Jeff Bezos urging him to change course

Prosecutors barred from reviewing material seized from Washington Post reporter

Judge issues temporary order after paper had sought return of Hannah Natanson’s devices taken in ‘outrageous seizure’

Netflix sweetens Warner Bros bid with all-cash offer to block Paramount

Streaming company says proposal speeds up completion and allows WBD investors to vote as soon as April

Nandy intends to refer Daily Mail’s Telegraph takeover to regulators

Culture secretary ‘minded to’ intervene and ask Ofcom and CMA whether the £500m deal harms media plurality

CBS finally airs 60 Minutes segment on Venezuelan prisoners sent to Cecot in El Salvador

The segment, reported by Sharyn Alfonsi, was supposed to air on 21 December but was pulled by editor in chief Bari Weiss

Trump buys $1m in Netflix and Warner Bros bonds days after saying he’ll ‘be involved’ in merger

Warner Bros is also being pursued by Paramount Skydance, helmed by David Ellison, son of president’s ally

How local and national news outlets are covering the aftermath of ICE shooting: ‘Get there, bear witness, ask questions’

Strong media presence in Minneapolis has ensured Renee Good’s shooting, and its fallout, has received wide coverage

TikTok to strengthen age-verification technology across EU

Move comes as calls for Australia-style social media ban for under-16s grow around world

CBS News report on ICE officer’s injuries drew ‘huge internal concern’

Anonymously sourced report that Jonathan Ross ‘suffered internal bleeding’ after killing Renee Good faced skepticism inside CBS newsroom

Netflix ‘plans to switch to all-cash offer to seal $83bn Warner Bros deal’

Aim is to speed up acquisition of WBD studio and streaming businesses and hold off rival Paramount bid

Trump says CBS anchor Tony Dokoupil wouldn’t have job if Kamala Harris had won

US president also says Paramount Skydance chief David Ellison, whom he called ‘amazing’, could be ‘bust’ if he’d lost

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  • Markets fall as tech worries rise; Brexit and Trump tariffs take bite out of UK food exports – business live
  • VW plans to cut up to 10,000 jobs and shut plants, report says
  • Great Britain’s grid operator warns again over power supplies in heatwave
  • First hydropower projects in Great Britain in 40 years given go-ahead
  • As billionaires’ wealth soars, US workers struggle: ‘The rich keep getting richer for no good reason’
  • Heathrow expects fall in passengers and profits this year because of Iran war
  • Too hot for work: why extreme heat is a threat to Europe’s productivity
  • Crown estate makes more than £1bn profit for third year running
  • US media regulator Brendan Carr accuses Disney of ‘misinformation’ on investigations
  • ‘Act on the evidence outside the window’: Andy Burnham urged to stick to net zero targets if he becomes PM
  • Burnham could become PM on 17 July based on Labour leadership contest timetable – as it happened
  • Ryanair ditches family seating fees; Markets at record highs as oil hits pre-Iran war levels – as it happened
  • Unison chief endorses Ed Miliband for chancellor in a Burnham government
  • US supreme court blocks thousands of lawsuits over Roundup maker’s pesticide warning labels
  • Oil price falls to pre-Iran war levels as more tankers exit strait of Hormuz
  • Can a $290m film studio on a former cow paddock lure Hollywood to Perth?
  • Make pension tax relief only available to savers prepared to invest in UK, Andy Haldane says
  • Ryanair adopts ‘free of charge’ family seating policy after watchdog investigation
  • Reform UK plan to target EU nationals based in Britain ‘absolutely outrageous’
  • Great Britain’s grid operator pays £10m for extra power to avoid supply crunch tonight
  • Reeves backs Burnham to be PM despite reports she may be offered lesser role
  • UK to halve tariff-free steel imports to counter glut of cheap Chinese metal
  • Rome airports threaten to suspend new EU passport system to avoid summer ‘disaster’
  • The great tinification: how Britain fell in love with canned cocktails
  • Elizabeth Warren says ‘tsunami of anger’ could prompt reversal of Trump-era mega mergers
  • EasyJet opens talks with Castlelake after rejecting £4.9bn takeover offer
  • Fortescue class action: female workers claim sexual harassment at remote mine sites
  • It’s not the bond markets Andy Burnham should be afraid of. It’s his own MPs
  • 1 July changes: minimum wage rises, payday super, parental leave tweaks and everything else coming for 2026–27
  • Elon Musk loses trillionaire status as SpaceX and Tesla stock drops

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