Italy’s top court annulled a golden power ruling that imposed a series of restrictions on Cedacri SpA, the financial services unit of ION Group.

Parloa, a German startup developing artificial intelligence for customer service, is looking to raise new funding that would significantly increase its valuation from May, according to people familiar with the matter.

The European Union’s executive arm will seek to accelerate the construction of cross-border power grids, warning that years of underinvestment and fragmented planning is pushing up energy bills.

SoftBank Group Corp. is in talks to acquire DigitalBridge Group Inc., a private equity firm that invests in assets such as data centers, as it seeks to take advantage of an AI-driven boom in digital infrastructure, according to people with knowledge of the matter.

The New York Times Co. and the Chicago Tribune sued Perplexity AI Inc., saying the artificial intelligence search startup is copying and distributing their exclusive content, the latest in a wave of lawsuits against AI developers.

Terraform Labs Pte. co-founder Do Kwon should be sentenced to 12 years in prison for the fraud that led to the TerraUSD stablecoin’s $40 billion collapse in 2022, US prosecutors said.

Iceye, a Finnish satellite developer with a number of defense contracts, has raised money at a €2.4 billion ($2.8 billion) valuation, capitalizing on the military spending boom across Europe.

Netflix Inc. agreed to buy Warner Bros. Discovery Inc., marking a seismic shift in the entertainment business as a Silicon Valley-bred streaming giant swallows one of Hollywood’s oldest and most revered studios.