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23 June 2026

Corporate Power

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Latest in Corporate Power
Paramount’s Warner Bros. Merger Sparks Political Controversy Beyond Corporate Concerns
Corporate Power

Paramount’s Warner Bros. Merger Sparks Political Controversy Beyond Corporate Concerns

The proposed acquisition of Warner Bros. Discovery by Paramount Skydance has ignited a politically charged debate involving accusations of antisemitism and concerns over media consolidation and free speech.

SpaceX Stock Surges Amid Post-IPO Rally as Markets Eye Fed Decision
Corporate Power

SpaceX Stock Surges Amid Post-IPO Rally as Markets Eye Fed Decision

SpaceX’s shares climbed sharply after its IPO, fueled by retail enthusiasm and broader market optimism ahead of the Federal Reserve’s upcoming interest rate announcement.

Paramount Skydance’s $111 Billion Warner Bros. Merger Cleared by US Justice but Faces Ongoing Challenges
Corporate Power

Paramount Skydance’s $111 Billion Warner Bros. Merger Cleared by US Justice but Faces Ongoing Challenges

The US Justice Department approved the Paramount Skydance bid for Warner Bros., yet state attorneys general and international regulators continue scrutinizing the merger, keeping its fate uncertain.

AI Startup Expands by Acquiring Consumer Apps to Pay Users for Data Contributions
Corporate Power

AI Startup Expands by Acquiring Consumer Apps to Pay Users for Data Contributions

Mode Inc is growing its reach through acquisitions, aiming to pay everyday users for sharing personal data like emails and photos to train artificial intelligence.

IREN Expands Into Europe with Acquisition of Spanish AI Data Center Developer
Corporate Power

IREN Expands Into Europe with Acquisition of Spanish AI Data Center Developer

Bitcoin miner IREN acquires Nostrum Group in Spain, securing 490 MW of power to boost its AI cloud infrastructure and strengthen its European presence.

Centene’s Workforce Reduction Plan Raises Concerns About Impact on Medicaid and Medicare Services
Corporate Power

Centene’s Workforce Reduction Plan Raises Concerns About Impact on Medicaid and Medicare Services

Centene offers buyouts to most employees amid membership losses, prompting questions about potential layoffs and effects on millions relying on its government-backed insurance.

SpaceX Centralizes Financial Disclosures on Its Website and X, Cutting Traditional Channels
Corporate Power

SpaceX Centralizes Financial Disclosures on Its Website and X, Cutting Traditional Channels

SpaceX will publish all earnings reports and material news exclusively on its own website and X, bypassing traditional wire services amid intense scrutiny of its $85.7 billion IPO.

Microsoft Faces Shareholder Lawsuit Over AI Investment Disclosure and Cloud Growth Claims
Corporate Power

Microsoft Faces Shareholder Lawsuit Over AI Investment Disclosure and Cloud Growth Claims

Shareholders have filed a lawsuit against Microsoft, accusing the company of misleading investors about Azure’s growth slowdown and the costs of AI infrastructure investments.

SpaceX Secures Nearly $86 Billion in Record-Breaking IPO Backed by Major Investors
Corporate Power

SpaceX Secures Nearly $86 Billion in Record-Breaking IPO Backed by Major Investors

SpaceX completed the largest IPO in history, raising close to $86 billion as top underwriters exercised their share overallotment, signaling strong investor confidence.

DOJ Halted Paramount-Warner Merger Probe Before Staff Could Advise Against It
Corporate Power

DOJ Halted Paramount-Warner Merger Probe Before Staff Could Advise Against It

The Justice Department’s political leadership stopped the antitrust investigation into Paramount’s acquisition of Warner Bros. Discovery before career lawyers completed their review or formally recommended a lawsuit.

Elon Musk Surpasses $1 Trillion Net Worth Following SpaceX’s Nasdaq IPO
Corporate Power

Elon Musk Surpasses $1 Trillion Net Worth Following SpaceX’s Nasdaq IPO

Elon Musk became the world's first trillionaire as SpaceX’s stock soared on its Nasdaq debut, highlighting his diverse holdings and raising questions about the company's ambitious revenue forecasts.

Xbox Faces Major Layoffs and Possible Closure of Compulsion Games Studio
Corporate Power

Xbox Faces Major Layoffs and Possible Closure of Compulsion Games Studio

New reports indicate Xbox will undergo significant layoffs, with the studio behind South of Midnight, Compulsion Games, reportedly set to close amid ongoing internal negotiations.