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David and Larry Ellison's Paramount Skydance wages a $108B hostile bid for Warner Bros. Discovery, battling Netflix amid Trump alliances, CBS controversies, and industry headwinds. Larry guarantees $40B; Warner rejects as risky LBO.
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A $5.5 billion sale of a U.S. military simulation firm to a foreign consortium has drawn sharp scrutiny from Congress. Lawmakers are pressuring the Treasury Department to review the deal, citing national security risks from Chinese and Saudi investors and signaling a new era of oversight for the tech industry.
A Hollywood coalition including Disney and Netflix is pursuing a groundbreaking legal strategy in India, seeking a “dynamic+” injunction from the Delhi High Court to compel global internet infrastructure companies to takedown pirate sites, a move that tests the limits of national jurisdiction over the global internet.
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Qobuz, a high-resolution audio streaming service, is surging in popularity amid backlash against Spotify's influx of AI-generated "slop" in playlists, which has frustrated users and eroded trust. Offering lossless, human-curated music, Qobuz attracts audiophiles seeking authenticity, potentially reshaping the streaming market.
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