Getty Images is moving toward a privatization deal backed by a $533 million equity commitment from Koch Equity Development and the Getty family. This maneuver coincides with a strategic Chapter 11 bankruptcy filing designed to streamline the firm's transition.

Separately, Telia is targeting a reduction of approximately 900 jobs. The Swedish telecommunications provider expects these cuts to stabilize its bottom line, aiming for annual savings of roughly $100 million as it navigates an increasingly competitive market.