Wall Street Journal - July 25
July 25 (Reuters) -The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
- T-Mobile TMUS.O said it agreed to spend around $4.9 billion to form a joint venture with investment firm KKR KKR.N to buy fiber-optic internet company Metronet, in a bid to reach more residential broadband users.
- Media mogul Rupert Murdoch is engaged in a legal fight with some of his children, as he tries to hand control of his media empire to his eldest son, Lachlan Murdoch.
- The National Basketball Association said it has signed landmark media-rights deals worth $77 billion with Disney's DIS.N ESPN, Amazon.com Inc AMZN.O and Comcast Corp's CMCSA.O NBCUniversal, turning away a last-minute bid from current rights holder Warner Bros Discovery Inc WBD.O.
- ServiceNow Chief Operating Officer CJ Desai resigned following an internal investigation related to the hiring of the former chief information officer of the U.S. Army and procuring government contracts.
- John Tuttle, a veteran executive at the New York Stock Exchange, plans to leave the NYSE after 17 years.
(Compiled by Bengaluru newsroom)
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