Alex Ossola

And that's what's news for this Tuesday afternoon.

Today's show is produced by Anthony Bansi and Danny Lewis with supervising producer Tali Arbel.

I'm Alex Osola for The Wall Street Journal.

We'll be back with a new show tomorrow morning.

Thanks for listening.

Fox is acquiring streaming service Roku in a $25 billion deal, its largest ever.

Plus, a big stock market rally today, while oil falls to its lowest level since March.

And new blood tests can help detect if you have Alzheimer's.

But who should get one?

It's Monday, June 15th.

I'm Alex Oceleff for The Wall Street Journal.

This is the PM edition of What's News, the top headlines and business stories that move the world today.

Today, media company Fox said it's acquiring Roku in a deal valued at $25 billion.

It's Fox's largest deal to date and a bet on a streaming future that runs on advertising.

Roku is the largest streaming platform for connected TVs, and it also has its own Roku channel service that plays movies and TV shows with ads.

Fox owns Fox News and is known for its live news and sports programming.

It also has a streaming service, Tubi.

On an investor call today, Fox CEO Lachlan Murdoch said the deal would add scale to Fox's streaming business.

The deal is expected to close in the first half of next year.

Shares of Fox fell more than 15 percent today.