[BIG TECH]■ STORY TIMELINE
FCC APPROVES PARAMOUNT SELLING 49.5% STAKE TO GULF STATES
The FCC has greenlit Paramount's sale of a nearly 50% equity stake to Saudi Arabia, the UAE, and Qatar. The approval dismisses concerns that the investment could give repressive governments influence over CBS and its parent company.
Ars Technica+0m
FCC rejects concerns about repressive governments buying influence over CBS owner.