Fox Corporation has moved to acquire Roku in a deal valued at approximately $22 billion. The agreement, priced at $160 per share, aims to unify Fox’s content portfolio—including the Tubi streaming service—with Roku’s connected TV platform, which currently reaches over 100 million households. Meanwhile, the pharmaceutical sector saw Lilly acquire 4E Therapeutics to bolster its pipeline for non-opioid chronic pain treatments, leveraging research from The University of Texas at Dallas.
In the technology and logistics space, SandboxAQ secured $500 million in CHIPS R&D funding from the Department of Commerce to innovate semiconductor manufacturing, focusing on rare earth-free magnets and battery systems. Concurrently, LifeNet Health and NASA successfully completed a study on drone kidney transport, with preliminary data showing no degradation to organ integrity during 15-minute test flights. Southwest Airlines also announced a major infrastructure shift, partnering with Amazon Web Services to migrate its operations to a cloud-based architecture by 2028.
Consumer-facing announcements rounded out the week, ranging from the limited-time return of McDonald’s fried apple pie to the launch of Crayola’s 'All Grown Up' coloring line. Additionally, U.S. News released its latest global university rankings, while United Airlines unveiled a commemorative livery to honor the nation’s upcoming 250th anniversary.
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