Roku, Inc. Class A Stock News

Roku Inc (NASDAQ:ROKU) remains on track to complete its proposed combination with Fox Corporation in the first half of 2027, according to Wedbush, which reiterated its $155 price target and ‘neutral' rating after meeting with management. The broker said it expects the transaction to overcome potential regulatory hurdles and close within the companies' stated first-half 2027 timeframe.

Roku is turning your TV into its own testing grounds. On Thursday, the connected TV device maker unveiled the latest update to Roku OS, which introduces a new experience called Roku Labs that allows U.S. customers to access experimental apps made by the company.

Fox Corp. President and Chief Operating Officer John Nallen said the company's $22 billion acquisition of Roku is on track to close despite a new request for information from regulators. Speaking at the Goldman Sachs Communacopia conference in San Francisco on Wednesday, Nallen mentioned Fox's regulatory filing earlier in the day noting the U.S.

Fox's $22 billion plan to buy Roku has hit a new hurdle. The Justice Department sent Fox and Roku what's known as a “second request” on Tuesday, asking the companies to turn over more data and documents as it takes a closer look at the deal.

Fox and Roku said they would work cooperatively with the Justice Department, providing the requested additional information and documentary material.

The U.S. ​Justice Department ‌is widening its ​antitrust ​inquiry into Fox's $22 ⁠billion ​deal for ​streaming platform Roku , Semafor ​reported ​on Tuesday, citing ‌people ⁠familiar with the matter.

SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Roku launched its first-ever OLED TVs: the new Roku Pro Series OLED TV and Roku Pro Series LX OLED TV. As demand grows for high-performance displays at approachable prices, Roku's new lineup means that there's no need to compromise on picture quality, delivering on Roku's commitment to TV that's both delightfully simple and better for everyone. Availabl...

LOS ANGELES--(BUSINESS WIRE)--Creativ Company today announced the appointment of Sarah Saul as Vice President of Marketing and Communications, where she will lead the company's global brand strategy, corporate communications, public relations, content marketing, executive thought leadership, and industry engagement practices. After helping build and lead global communications for Roku's multi-b...