Sony is in talks to acquire Kadokawa, the Japanese media powerhouse known for “Elden Ring,” as reported exclusively by Reuters. Shares of Kadokawa surged 23% after the news, with the company confirming receipt of an initial letter of intent for the acquisition. This potential deal highlights Sony’s transformation into an entertainment and technology giant, with a growing focus on anime and expanding its entertainment portfolio.
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GE2025: Ng Chee Meng not to blame for Income-Allianz deal; WP would have approved it too if in charge, says SM Lee
Read a summary of this article on FAST.SINGAPORE: Senior Minister Lee Hsien Loong defended labour chief Ng Chee Meng regarding the aborted Income-Allianz deal, stating that the deal was initially deemed reasonable by the NTUC and explaining that only one WP MP questioned it in Parliament. Lee highlighted that six non-labour PAP MPs had raised questions about the deal and criticized the Workers' Party for their lack of opposition, implying their inaction would have allowed...
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