{"id":52950,"date":"2025-09-10T14:08:47","date_gmt":"2025-09-10T18:08:47","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/corporate-power-shifts-tech-launches-and-global-defense-deals-shape-todays-business-landscape\/52950\/"},"modified":"2025-09-10T14:08:47","modified_gmt":"2025-09-10T18:08:47","slug":"corporate-power-shifts-tech-launches-and-global-defense-deals-shape-todays-business-landscape","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/corporate-power-shifts-tech-launches-and-global-defense-deals-shape-todays-business-landscape\/52950\/","title":{"rendered":"Corporate Power Shifts, Tech Launches, and Global Defense Deals Shape Today&#8217;s Business Landscape"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/corporate-power-shifts-tech-launches-and-global-defense-deals-shape-todays-business-landscape\/52950\/#Key_Takeaways\" >Key Takeaways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/corporate-power-shifts-tech-launches-and-global-defense-deals-shape-todays-business-landscape\/52950\/#Corporate_Governance_and_Media_Strategy\" >Corporate Governance and Media Strategy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/corporate-power-shifts-tech-launches-and-global-defense-deals-shape-todays-business-landscape\/52950\/#Asset_Management_Targets_Significant_Growth\" >Asset Management Targets Significant Growth<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/corporate-power-shifts-tech-launches-and-global-defense-deals-shape-todays-business-landscape\/52950\/#Telecommunications_and_Consumer_Technology\" >Telecommunications and Consumer Technology<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/corporate-power-shifts-tech-launches-and-global-defense-deals-shape-todays-business-landscape\/52950\/#Global_Defense_and_Workforce_Development\" >Global Defense and Workforce Development<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/corporate-power-shifts-tech-launches-and-global-defense-deals-shape-todays-business-landscape\/52950\/#Geopolitical_Developments\" >Geopolitical Developments<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Lachlan Murdoch<\/strong> has solidified his control over <strong>Fox Corp<\/strong> (<a href=\"\/stock\/FOXA\">FOXA<\/a>) and <strong>News Corp<\/strong> through a <strong>$3.3 billion<\/strong> family trust settlement, ensuring strategic continuity for the media empire until at least <strong>2050<\/strong>.<\/li>\n<li><strong>Brookfield Asset Management<\/strong> (<a href=\"\/stock\/BAM\">BAM<\/a>) is targeting an ambitious growth trajectory, aiming to <strong>double its capital base to $2 trillion by 2029<\/strong> from its current $1 trillion AUM.<\/li>\n<li><strong>Rolls-Royce<\/strong> (<a href=\"\/stock\/RYCEY\">RYCEY<\/a>) has signed critical skills and technology agreements with Western and South Australian Governments to bolster the <strong>AUKUS submarine program<\/strong>, supported by significant Australian investment to expand production capacity.<\/li>\n<li><strong>Verizon Communications<\/strong> (<a href=\"\/stock\/VZ\">VZ<\/a>) is launching the new <strong>iPhone 17<\/strong> models on its 5G network, with pre-orders beginning <strong>September 12<\/strong>.<\/li>\n<li><strong>Fox Corp CEO Lachlan Murdoch<\/strong> reported &quot;very strong&quot; advertising demand across the company&#39;s sports and news segments, highlighting robust market conditions for its core businesses.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Corporate_Governance_and_Media_Strategy\"><\/span>Corporate Governance and Media Strategy<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Fox Corp<\/strong> (<a href=\"\/stock\/FOXA\">FOXA<\/a>) is set for a period of strategic stability following the resolution of the <strong>Murdoch Family Trust<\/strong> dispute. CEO <strong>Lachlan Murdoch<\/strong> has gained undisputed control of the media conglomerate, with the settlement ensuring his sole voting control of approximately <strong>36.2%<\/strong> of Fox&#39;s Class B common stock through <strong>2050<\/strong>. The agreement involved three of Rupert Murdoch&#39;s children ceding their stakes for <strong>$1.1 billion<\/strong> each, a move Lachlan Murdoch described as &quot;great news for investors&quot; due to the clarity and continuity it provides for the company&#39;s strategy. Murdoch also pledged continued investment in &quot;our great journalism,&quot; underscoring a commitment to the company&#39;s core content offerings.<\/p>\n<p>In a separate but related development, Lachlan Murdoch indicated that advertising demand remains &quot;very strong&quot; across Fox Corp&#39;s (<a href=\"\/stock\/FOXA\">FOXA<\/a>) diverse portfolio, particularly in live news and sports, as well as for its streaming platform, Tubi. This positive outlook suggests robust market conditions for the media giant.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Asset_Management_Targets_Significant_Growth\"><\/span>Asset Management Targets Significant Growth<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Brookfield Asset Management<\/strong> (<a href=\"\/stock\/BAM\">BAM<\/a>) President Connor Teskey announced an ambitious goal to <strong>double the firm&#39;s capital base to $2 trillion by 2029<\/strong>. This target follows Brookfield reaching a historic <strong>$1 trillion<\/strong> in assets under management (AUM) this year. The growth is expected to be fueled by enhancing fundraising channels, scaling product offerings, and strategically building and acquiring new businesses.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Telecommunications_and_Consumer_Technology\"><\/span>Telecommunications and Consumer Technology<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Verizon Communications<\/strong> (<a href=\"\/stock\/VZ\">VZ<\/a>) is set to introduce <strong>Apple&#39;s<\/strong> (<a href=\"\/stock\/AAPL\">AAPL<\/a>) latest smartphone offerings, the <strong>iPhone 17<\/strong> models, on its 5G network. Pre-orders for the new devices, including the iPhone 17, iPhone 17 Pro, iPhone 17 Pro Max, and the new iPhone 17 Air, are scheduled to begin on <strong>September 12<\/strong>, with general availability starting <strong>September 19<\/strong>. Verizon is offering significant incentives, including trade-in offers of up to <strong>$1,100 off<\/strong> a new iPhone 17.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Global_Defense_and_Workforce_Development\"><\/span>Global Defense and Workforce Development<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Rolls-Royce<\/strong> (<a href=\"\/stock\/RYCEY\">RYCEY<\/a>) has deepened its commitment to the <strong>AUKUS submarine program<\/strong> by signing Memorandums of Understanding (MOUs) with the Western and South Australian Governments. These agreements are designed to foster workforce development, skills training, and critical technology capabilities essential for supporting Australia&#39;s defense sector. The initiatives will focus on building a highly-skilled workforce, strengthening STEM pipelines, and addressing critical skills gaps for current and future defense projects. <strong>Rolls-Royce<\/strong> (<a href=\"\/stock\/RYCEY\">RYCEY<\/a>) is slated to provide the nuclear reactor plants for Australia&#39;s new nuclear-powered submarines. Australia is also contributing <strong>A$4.6 billion (\u00a32.4 billion)<\/strong> to the UK to expand Rolls-Royce&#39;s nuclear reactor production capacity, aiming to alleviate bottlenecks and support the timely delivery of reactors.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Geopolitical_Developments\"><\/span>Geopolitical Developments<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In a separate international development, <strong>Yemen\u2019s Houthi Health Ministry<\/strong> reported that <strong>35 people were killed and 131 wounded<\/strong> in an Israeli attack on Yemen. The strikes targeted military camps, the Houthi military &quot;propaganda&quot; department, and a fuel storage site in Sanaa and al-Jawf. This incident follows earlier strikes that reportedly killed the Houthi prime minister and is part of ongoing exchanges between Israel and Houthi militants, who have been targeting vessels in the Red Sea in solidarity with Palestinians.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Lachlan Murdoch has solidified his control over Fox Corp (FOXA) and News Corp through a $3.3 billion family [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[5012],"tags":[7961,1587,10007,4268,10476,4824,10477,4875,10478,5230,5395,6044,6320,6427],"class_list":["post-52950","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","tag-advertising","tag-vz","tag-asset-management","tag-foxa","tag-bam","tag-geopolitics","tag-rycey","tag-corporate-governance","tag-iphone-17","tag-defense","tag-aum","tag-aukus","tag-telecom","tag-media"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/52950","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=52950"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/52950\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50383"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=52950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=52950"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=52950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}