Author: bibhuti

Ryan Cohen’s unsolicited $55.5 billion unsolicited bid to absorb eBay into GameStop has the corporate world doing a double-take. Cohen’s pitch sounds seductive on paper: he promises to slash $2 billion in bloated overhead and instantly rocket eBay’s diluted GAAP earnings per share from $4.26 to $7.79 in year one. But behind the flashy presentation lies a massive hurdle: a highly speculative cash-and-stock structure that requires taking on $20 billion in new debt from TD Securities and drastically diluting GameStop’s own stock to buy a company four times its size. Analysts and investors are deeply skeptical, which is why eBay’s…

Last Friday, May 1, Brighton Open Air Theatre (Boat) kicked off its 2026 season, which will run until September. This year, the outdoor venue is offering a range of live performances, comedy, music and family entertainment. Speaking to The Argus ahead of the launch night, general manager Will Mytum said: “We are feeling really great. “The weather’s beautiful, we’ve made some fantastic on sight improvements and we have a fantastic programme planned. “As usual, we’ve got all sorts going on. There’s really something for everybody.” The theatre’s 2026 season began on May 1 (Image: Marc Brennan) The season comes amid an…

There is something particularly cruel about a large corporation ghosting a family-run firm. For a multinational, £31,000 is a rounding error on a spreadsheet.For a small, family-run business, it couldn’t be more different. It’s the mortgage, the payroll, and many sleepless nights.I recently looked into a case where a family firm was left in exactly this nightmare. They had delivered the goods, sent the invoice, and then… nothing. There were no discussions, disputes or feedback to trawl through. Instead, all they got was silence.They did what most of us would do in this situation, including sending polite reminders, then firmer…

Earlier this week, five people who touch every layer of the AI supply chain sat down at the Milken Global Conference in Beverly Hills, where they talked with this editor about everything from chip shortages to orbital data centers to the possibility that the whole architecture that undergirds the tech is wrong. On stage with TechCrunch: Christophe Fouquet, CEO of ASML, the Dutch company that holds a monopoly on the extreme ultraviolet lithography machines without which modern chips would not exist; Francis deSouza, COO of Google Cloud, who is overseeing one of the biggest infrastructure bets in corporate history; Qasar…

When we hear about automation and artificial intelligence replacing jobs, it may seem like a tsunami of technology is going to wipe out workers broadly, in the name of greater efficiency. But a study co-authored by an MIT economist shows markedly different dynamics in the U.S. since 1980. Rather than implement automation in pursuit of maximal productivity, firms have often used automation to replace employees who specifically receive a “wage premium,” earning higher salaries than other comparable workers. In practice, that means automation has frequently reduced the earnings of non-college-educated workers who had obtained better salaries than most employees with similar…

Location : The M20 westbound between junctions J11 and J10A . Lane Closures : The hard shoulder, lanes 1 and 2 are closed. Reason : Road traffic collision. Status : Currently Active. Time To Clear : The event is expected to clear between 07:00 and 07:15 on 7 May 2026. Return To Normal : Normal traffic conditions are expected between 07:30 and 07:45 on 7 May 2026. Lanes Closed : There are two of three lanes closed. Source link

Thursday 07 May 2026 5:16 am  |  Updated:  Wednesday 06 May 2026 12:36 pm The CEO of Polymarket has compared prediction markets to a “super crystal ball” Prediction markets like Polymarket and Kalshi are more accurate than Wall Street analysts in forecasting corporate earnings. But it’s not for the reason you think, writes Dr Roberto Gomez-Cram Who will be the next UK prime minister? Will Arsenal win the Premier League? Will the UK win Eurovision? What will be the highest temperature in London today?These are questions people debate every day. On prediction markets, they are also questions on which people stake…

Matt Milnes has highlighted the importance of making good starts to County Championship matches after Kent’s first red-ball victory of the summer.Kent got on the board at the fourth attempt in County Championship Division 2 as they beat Derbyshire by 225 runs at Canterbury.Kent’s Matt Milnes – has highlighted the importance of good starts to County Championship Division 2 games. Picture: Cadan Boynton (@cadanboyntonphotography)It was a first red-ball victory for Kent since back-to-back wins at the start of head coach Adam Hollioake’s tenure – and they will have a good opportunity to back it up, too.Their next fixture will be…

An image shared with the Glasgow Times shows a white van with significant front-end damage and a police vehicle at the scene on Provanmill Road. The picture was taken at around 3.40 pm on Tuesday, May 5. A concerned resident told the Glasgow Times that the new layout is “dangerous” given “the vast amount of traffic and the width they have made it,” and highlighted concerns about a bus stop being placed “on a tight bend” on a route used by transport vehicles, fuel, and car carriers. They added that, with the road also expected to carry prison-related traffic in…

Infrastructure Minister Liz Kimmins has announced that works will take place on Stoney Road from Monday, May 18Essential resurfacing works will take place along Stoney Road, from the rear entrance of Ulster Hospital to the entrance of Stormont EstateA new £350,000 resurfacing scheme has been announced for a Belfast road that could cause some disruption near an NI hospital.Infrastructure Minister Liz Kimmins has announced that works will take place on Stoney Road from Monday, May 18, which will include essential resurfacing works along the road, from the rear entrance of Ulster Hospital to the entrance of Stormont Estate.A full road…