Universal rejects billionaire Bill Ackman's takeover bid Universal Music Group, the entertainment giant behind acts such as Taylor Swift, Sabrina Carpenter and Kendrick Lamar, has rejected a takeover offer by billionaire Bill Ackman's investment firm. The music giant said Pershing Square's $64.3bn (£48bn) takeover offer was not in the best interests of the company, shareholders, artists, fans and other stakeholders. Universal said the offer fundamentally and materially undervalues the business, which also runs Abbey Road Studios and owns labels such as EMI and Island Records. Pershing Square, which already owns a stake in Universal, declined to comment on the rejection. The investment firm launched its takeover bid for the world's largest music company in April, a move which would have seen it listed as a new company in America.

For all the constant buzz around AI, broad-based announcements about how AI has boosted profits are noticeably missing. The reason for this loud silence: it hasn't happened--yet. AI is not an immaterial vapor hovering above the economy. The models that will power future change run on a foundation of physical inputs: cables, turbines, chips, and copper. These are bought and sold all over the world.

Dakich: sports media has created an'industry' out of complaining about white athletes like Caitlin Clark Greg Sankey insists SEC is'strongest league' despite Big Ten winning three straight national championships Phillies look to upset Dodgers behind Zack Wheeler as Philadelphia's turnaround continues in LA Joey McGuire calls Steve Sarkisian's bluff, dares Texas to play Texas Tech in Week 1 Rams troublemaker WR Puka Nacua says he's a changed man after biting incident and stint in rehab Chiefs have no plans to release Rashee Rice and see jail time as a'life lesson' opportunity Diamondbacks fans catch same player's home run on back-to-back nights after showing up on the wrong date Purple Heart recipient speaks out after Graham Platner's controversial remarks'Chipotle Karen' caught hurling burrito bowl at worker's face US and Iranian negotiators reach tentative agreement awaiting Trump's approval Jill Biden dismisses concerns of Joe Biden's cognitive decline OutKick-Sports Umpire Dan Bellino's baffling foul tip call on Seiya Suzuki renews calls for robot review in MLB Dan Bellino insisted on the call despite replay showing Suzuki's bat was a foot above the ball It is probably time to bring in the robots to police MLB umpires missing foul tips. Late in Thursday night's Cubs-Pirates game with home plate umpire Dan Bellino, who has 15 years of MLB service, made one of the most baffling foul tip calls you're ever going to see. With the count 2-1 on Seiya Suzuki, Pirates pitcher Yohan Ramirez delivered an off-speed pitch off the inside of the plate that had Suzuki nearly offering at it before pulling the bat back. Bellino says, to which Suzuki instantly pleads that he didn't tip the ball. Bellino will hear nothing of the sort.

Romanian President Nicusor Dan says that the Russian consul in the southeastern city of Constanta will be expelled and the consulate shut down after a drone intended for Ukraine crashed into an apartment complex in the border town of Galati. Vance says US, Iran have made "a lot of progress" towards deal

A signed summary of BBC Newsline.

The next Call of Duty game has been revealed, with much of the reaction focused on its campaign set around a fictional renewed conflict on the Korean Peninsula. Modern Warfare 4, due out 23 October, partly follows South Korean soldiers battling a full-scale North Korean invasion. Dr Sarah Son, Senior Lecturer in Korean Studies at the University of Sheffield, said the move could be controversial as it turns still-unresolved war into entertainment. Some Koreans reacted more positively, with one calling Korea's inclusion in one of gaming's biggest franchises a symbolic moment . Developer Infinity Ward said the game will be grounded in the military authenticity Modern Warfare is known for.

IMF grant scam emails pressure recipients with a $4.5 million promise while requesting personal documents like passports. Learn the red flags that expose this phishing attempt.

A humanoid robot is displayed at the Humanoids Summit in Tokyo on Thursday. Amid growing anticipation of physical artificial intelligence, robots are increasingly being seen as a viable option to fill labor gaps. This topic was one of the major agendas during the two-day Humanoids Summit in Tokyo, which ended on Friday. "In Japan the United States globally, we just don't have the birth rates to sustain the workforce that we need," said Brendan Schulman, vice president of policy at Massachusetts-based robotics company Boston Dynamics during a speech at the event. In a time of both misinformation and too much information, quality journalism is more crucial than ever.

Romania and its NATO allies have reacted angrily after a Russian drone crashed into an apartment building in eastern Romania, injuring two people. The Ministry of Foreign Affairs in Bucharest on Friday labelled the crash of the drone, part of an overnight attack aimed at Ukraine, a serious violation of international law. The incident is just the latest incursion along the alliance's eastern flank, raising concern that the risk of an open confrontation between Russia and NATO states is rising. Romania said the overnight drone was tracked by radar in its airspace before crashing onto the roof of a residential building in the city of Galati. Two F-16 fighter jets and a helicopter were scrambled, as authorities issued emergency alerts to residents.

Romania says a drone struck an apartment building in Galați, injuring a woman and child, marking the first time a Russian drone hit a populated area in the NATO member state.