Press Digest: New York Times business news - July 2

People Incorporated

02/07/2024 05:45

July 2 (Reuters) - The following are the top stories on
the New York Times business pages. Reuters has not verified
these stories and does not vouch for their accuracy.
    
    - Billionaire Barry Diller's digital-media conglomerate IAC
 IAC.O  is exploring a bid to take control of Paramount Global
 PARA.O , the parent company of CBS, MTV and Nickelodeon,
according to four people with knowledge of the matter.
    
    - USA Today's editor-in-chief Terence Samuel is leaving the
role after a year, the newsroom was told on Monday.
    
    - European Union regulators said Meta's  META.O 
subscription, which costs up to 12.99 euros ($13.94)a month,
amounted to a "pay or consent" scheme that required users to
choose between paying a fee or handing over more personal data
to Meta to use for targeted advertising.
    
    - Hurricane Beryl was barreling west toward Jamaica as a
Category 5 storm early Tuesday morning, hours after it carved a
trail of destruction across the southeast Caribbean and killed
at least two people, officials said.


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 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))