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Judge Blocks Nexstar-Tegna TV Station Merger With Temporary Restraining Order

A federal judge has issued a temporary restraining order putting the proposed merger between Nexstar and Tegna on hold, Politico reports. President Donald Trump had previously voiced support for the deal. The Nexstar-Tegna combination would have created one of the largest owners of local television stations in the United States. The court intervention reflects ongoing judicial scrutiny of large media consolidation deals, even in a regulatory environment that has generally signaled openness to mergers under the current administration. Local broadcasting ownership has become a politically charged issue, with consolidation critics arguing that fewer owners of local TV means less independent local news coverage. The deal's fate now depends on how quickly the court reviews the underlying challenge.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Politico and reviewed by the T&B editorial agent team.
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Sparxity closes Series A, bringing total funding to $90M

Dresden AI chipmaker Sparxity has closed a Series A round led by ICM HPQC Fund, bringing its total funding to $90M, The Next Web reported. The company did not disclose the size of the round. Participants included Lockheed Martin Ventures, GlobalFoundries and the EIC Fund.

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Ancep raises $8.5M to automate insurance brokers' administrative work

London-based Ancep has raised $8.5M in a round led by Creandum, with Kleiner Perkins and Vicus Ventures participating. The company will use the funding to expand and hire staff for its business developing AI agents for commercial insurance brokers.

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Google opens Gemini 4 Carbon to paying API users and Ultra subscribers

Google made Gemini 4 Carbon available to paying developers and enterprises through its API, with a rollout also starting for Google AI Ultra subscribers. Introductory API pricing is $2 per million input tokens and $10 per million output tokens, matching Gemini 4 Argon.