Hundreds of millions wiped from Trump fortune in wake of conviction Trump Media & Technology Group’s stock finishes day down 5.3% on Wall Street, as ex-president’s stake falls from $6bn to $5.6bn
Vivek Ramaswamy uses Buzzfeed stake to demand staff cuts, conservative hires CEO Jonah Peretti pushed back on rightwing Trumpist, saying he had ‘fundamental misunderstandings’ about the business
OpenAI and Wall Street Journal owner News Corp sign content deal Deal lets ChatGPT maker use all articles from Wall Street Journal, New York Post, Times and Sunday Times for AI model development
Film-making only for wealthiest as accessible routes disappear, MPs told Diverse and working-class talent unable to enter industry after cancellation of initiatives and development projects
Counterfeit goes cool: high-end brands urged to embrace rise of #dupe Gen Z are flaunting their knockoffs and imitations – so experts say companies should play along
Sir Tony O’Reilly obituary Irish rugby international who went on to become one of his country’s most charismatic businessmen
UK government was ‘scared’, says man behind failed UAE-backed Telegraph bid RedBird IMI deal effectively killed by new legislation blocking foreign states from owning UK newspapers
Nadhim Zahawi named chair of Very Group after quitting as MP Former chancellor plans to join online retailer owned by the billionaire Barclay family in June
Telegraph takeover: Zucker ‘would have done bid differently’ in hindsight CEO of consortium that walked away from bid said he should have closed deal for Spectator magazine ‘right away’
Disney and Warner Bros team up to bundle streaming services in US Two firms will offer Disney+, Hulu and Max in a single bundle on ad-supported or ad-free plans
TikTok to auto-flag AI videos – even if created on other platforms Industry’s digital watermarking scheme will add to existing safeguards on TikTok’s own tools
ITV blames knock-on effects of Hollywood strikes for revenue hit Strikes dented performance of ITV Studios but advertising starting to recover, broadcaster says
‘It’s the brand speaking to you’: the scent firms making smells for Subway, Abercrombie and more As brick-and-mortar retail stores compete with e-commerce, chains are spending heavily to immerse customers in bespoke fragrances
Disney to ‘focus on quality’ as it plans to cut output – including Marvel movies CEO Bob Iger says company will scale back releases in superhero franchise as it seeks to take on Netflix in streaming market
Jack Dorsey quits Bluesky board and urges users to stay on Elon Musk’s X Twitter co-founder’s decision to leave rival social network he helped start was apparently unexpected