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The hugely popular social media app has been on shaky ground in the U.S. since 2020, when Trump moved to shut it down during his first term because of national security concerns tied to its Chinese parent company, ByteDance.

Paramount co-Chief Executive Brian Robbins acknowledged the pending Paramount-Skydance merger during his on-stage remarks, saying he was “incredibly proud” of what Paramount Pictures has accomplished “in the midst of all the noise at our parent company.”

The Premier League has yet to approve the sale of Chelsea's women's team to the club's parent company BlueCo through their 'fair market value' rules.

Alphabet, Google’s parent company, also has seen its stock drop nearly 11% to $169 per share since January.

“State Farm claims it is committed to its California customers and aims to restore financial stability. I expect both State Farm and its parent company to meet their responsibilities and not shift the burden entirely onto their customers. The facts will be revealed in an open, transparent hearing.”