Unlock Editor’s Digest for free Roula Khalaf, editor-in-chief of the FT, selects her favourite stories in this weekly newsletter. Shari Redstone has agreed to sell Hollywood group Paramount to independent film studio Skydance, ending her family’s involvement in the company her grandfather founded in 1936. The merger, which values the new company at $28 billion, … Read more
Researchers using the James Webb Space Telescope have studied the interaction of a quasar with satellite galaxies, gaining crucial insights into the growth of galaxies in the early universe, the mass of black holes, and chemical evolution. (Artistic concept.) Credit: SciTechDaily.com An international research group used the James Webb Space Telescope to witness the dramatic … Read more
An international research team, led by the Italian National Astrophysical Institute (INAF), has used the James Webb Space Telescope (JWST) to capture an extraordinary event in the distant Universe: the dramatic interaction between a quasar and two massive satellite galaxies in the PJ308-21 system. This remarkable discovery provides new insights into the growth of galaxies … Read more
Map of the line emission from hydrogen (in red and blue) and oxygen (in green) in the PJ308-21 system, shown after masking the light from the central quasar (“QSO”). The different colors of the quasar’s host galaxy and companion galaxies in this map reveal the physical properties of the gas within it. Credit: Decarli/INAF/A&A 2024 … Read more
As first rumored on these pages in April 2024 (here), two of the largest alternative UK network operators on the market – Netomnia (YouFibre) and Brsk – both of which have a significant amount of Fibre-to-the-Premises (FTTP) have deployed broadband. ISP infrastructure for UK homes and businesses has today formally agreed to a merger. First, … Read more
Broadband and telecoms giant BT (EE) has warned the Competition and Markets Authority (CMA) that the mega-merger (here) between rival mobile operators Three UK and Vodafone would trigger a “significant reduction in competition“, which they claim that “finally [result] in higher prices, poorer network quality and reduced incentives to invest.” The merger, which would see … Read more
Texas-based offshore drilling contractor Noble Corporation has taken steps to bring land-based drilling rig owner Diamond Offshore into its fold, which will result in a US-based offshore drilling heavyweight with a fleet of 41 rigs and a combined backlog of $6.5 billion. . Noble Interceptor installation; Source: Noble Corporation The rig owner duo has entered … Read more