Netflix stunned the entertainment industry on Thursday by declaring a $31-per-share bid for Warner Bros. Discovery “no longer financially attractive.” The sudden reversal clears the way for Paramount’s Skydance chief, David Ellison, to seize control of WBD’s portfolio of brands, including HBO Max and several cable networks. This move comes after Netflix had been expected … Read more
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Apple may finally launch a cheaper MacBook on March 4, expected to start at $599. The new laptop will likely feature an A18 chip found in the iPhone 16 Pro, allowing it to keep costs low while still offering powerful performance for everyday use cases. The device’s affordability is crucial, with Apple insider Mark Gurman … Read more
Four AI models – ChatGPT, Claude, Grok, and DeepSeek – forecast a wide range of XRP prices for the end of 2026, from a modest doubling to a massive surge of 10x. Despite disagreements on triggers and catalysts, all four agree that institutional flows will set XRP’s direction. The models suggest that ETF accumulation is … Read more
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Paramount’s recent takeover of Warner Bros. Discovery has left many wondering what this means for CNN and its editorial independence. CEO David Ellison has praised CNN’s newsgathering machine and global reach, but concerns remain about whether he will uphold the network’s independence amid severe political turbulence. President Donald Trump has long sought to weaken CNN, … Read more
Oil prices surged over 3% on Friday as geopolitical tensions escalated, with West Texas Intermediate (WTI) crude oil trading around $67.50 per barrel. The rally is driven by concerns about potential supply disruptions and repricing of risk premiums due to ongoing negotiations between the US and Iran. The market’s focus on the Strait of Hormuz, … Read more
The US Department of Defense is in a standoff with AI company Anthropic over the use of its A.I. model, Claude, in classified systems. The dispute is not just about $200 million but also reveals deep divisions on how A.I. should be used for national security. A.I. safety and regulation are no longer top priorities … Read more
Netflix ended its bid to acquire Warner Bros. Discovery for $31 per share, choosing instead to invest $20 billion in content production this year. The move comes after Paramount Skydance offered a lower bid and the company was looking to conserve cash. The decision is seen as a win for Netflix’s shareholders, who will receive … Read more