American journalist and author, NYT columnist, CNBC co-anchor, DealBook founder
eBay has rejected GameStop CEO Ryan Cohen’s unsolicited $125-per-share offer — about $55.5bn — after its board has reviewed the proposal and found uncertainty in financing, added leverage and operational risks. GameStop has built roughly a 5% stake in eBay and has signalled it will consider taking the offer directly to shareholders.
Comcast has announced a tax-free spin-off that will separate NBCUniversal and Sky into a standalone, publicly traded media company while leaving Comcast focused on broadband, wireless and business services. The company has said the separation will complete in about a year, executives told investors, and Comcast will initially keep up to 19.9% of the new media group.
The United States is pursuing a coordinated approach to Iran-related talks as Vice President JD Vance and Senator Marco Rubio push rival tracks on Middle East diplomacy. The White House is weighing frameworks to end the Iran war while negotiations over Lebanon and Israel shape the final agreement.