WBD recommends shareholders reject Paramount's unsolicited $108.4B cash bid, calling the offer “illusory” and saying it believes Netflix's proposal is superior
Warner raised concerns about the credibility of Paramount's ‘illusory’ offer and its backing from the Ellison family
Netflix agrees to acquire WBD's studios and streaming business in an $82.7B cash-and-stock deal, including debt, to close after WBD splits in two in Q3 2026
Netflix announced this week that it had reached … Axios : Netflix to buy Warner Bros. for nearly $83 billion Alex Pigman / Taipei Times : Warner Bros acquisition by Netflix sparks backlash Victory Emm...
US Treasury Secretary Scott Bessent says Trump and Xi will “consummate” a TikTok deal on October 30 in South Korea, confirming a final US-China deal on the sale
with Trump and Xi set to ‘consummate’ agreement Claudia Aoraha / Daily Mail : Trump and China reach groundbreaking TikTok deal after years-long battle over the app X: Mario Nawfal / @marionawfal : 🇺🇸🇨...
Donald Trump says he would be open to Elon Musk or Larry Ellison purchasing TikTok US as part of a joint venture that would give the US government 50% ownership
“I have the right to make a deal,” Trump said at an event alongside Ellison at the White House on Tuesday.
A look at Caroline Ellison's motivations in the FTX fraud, including her relationship with SBF; the judge said he had “never seen” a cooperator like Ellison
The story of Sam Bankman-Fried was obvious enough: a Shakespearean level of arrogance that led to tragedy.
Fidelity values X at ~72% below Elon Musk's purchase price, meaning Prince Alwaleed bin Talal Al Saud would be down $1.4B and Dorsey and Ellison $720M each
Elon Musk bought Twitter with a combination of his own money, bank loans and capital raised from friends and associates.
Inside Oracle's Cerner acquisition, including issues with Cerner's EHR system, which Oracle says it wasn't aware of, and its rollout at the US Veterans Affairs
Business Insider : X: @amir , @mstrknowitall , @orionds , and @edithhonan . LinkedIn: Vanessa Lipton . Forums: r/cernercorporation X: Amir Efrati / @amir : whoever did Oracle's due diligence for its ...
SBF testifies that he only understood “pieces” of his companies' full financial state and was “very surprised” by FTX's $8B balance-sheet hole in October 2022
Bankman-Fried Testifies About FTX's Operations and Alameda The Block : SBF paints alternative view of his knowledge of the Fiat@ account in court Vinicius Barbosa / Finbold : FTX founder knew ‘basical...
In five hours of cross-examination, SBF's lawyers did not elicit any revelations or inconsistencies from Caroline Ellison, who said SBF made “terrible mistakes”
Mr. Bankman-Fried's lawyers sought to poke holes in Ms. Ellison's testimony, but her account remained largely consistent.
US v. SBF: Caroline Ellison says SBF asked her to make false balance sheets to hide debt, he considered offering FTX shares to the Saudi crown prince, and more
Caroline testified that SBF ordered her to use FTX customer funds to cover up for Alameda's losses — and to lie to lenders about it. She was in a “constant state of dread” about the looming liquidity...