@rogoswami
biz reporter @semafor. previously @cnbc. nyc via new orleans via connecticut. rgoswami@semafor.com
World & Business
Reuters reports O’Neill said her board discussions reaffirmed keeping BP’s upstream and downstream businesses together.
World & Business
Bloomberg reports Deutsche Telekom held off on a formal bid for now, partly due to works council pushback.
World & Business
The Wall Street Journal reports the management committee met Sunday and Monday, with several members leaving for rivals.
World & Business
Semafor cautions the talks could fall apart, while The Information reports a price of around $17 billion.
Technology
DoorDash expects the deal to close at the end of 2027 or in the first half of 2028.
World & Business
One post says roughly $72B of the reported loss came from non-cash charges, putting the underlying loss near $9B.
Technology
Kalshi says the filing is due at 9 a.m. EST; a separate post also expects it on October 26.
World & Business
The Financial Times cites two people with knowledge; a Semafor reporter separately reports talks with Simpson Thacher.
Entertainment
Semafor reports Skydance board member Laurene Powell Jobs invested around the same time as Musk.
World & Business
Semafor reports the deal came together roughly when board member Laurene Powell Jobs and other backers made equity investments.
World & Business
Semafor says PIF is doing financial housekeeping to help make RedBird's pursuit of the club possible.
World & Business
The Financial Times says a deal would have created an independent investment bank with a $6 billion market value.
Technology
A user cites Semafor for a reported investor list that also includes Benchmark, Greenoaks, Kleiner and Thrive.
World & Business
Semafor reports a sale would unwind Coca-Cola's $5 billion purchase of the British coffee chain in 2018.
World & Business
Rohan Goswami reported that he was highly doubtful about a Chipotle takeover bid after speaking with people close to the company, and said he understood the company had hired advisors to defend against potential activist or unwanted takeover.
World & Business
Semafor reports that Kreiz, formerly of Mattel, is headed to David Ellison’s executive team. His senior role has yet to be defined.
Entertainment
The Hollywood Reporter says Kreiz announced his exit from Mattel on September 30. Rumors suggest he may be heading to a top role at David Ellison’s Paramount-Warner Bros.
Entertainment
Variety, citing Semafor, says CEO David Ellison is considering Musk among a number of wealthy potential investors as he seeks fresh capital for a merged Paramount–Warner Bros.