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Netflix backs out of bid for Warner Bros. Discovery, giving studios, HBO, and CNN to Ellison-owned Paramount

In a one-two punch of centibillion-dollar offers, the bidding war for Warner Bros. Discovery is over. David Ellison-owned Paramount will acquire Warner Bros. Discovery. Netflix has lost. Plus, Plaid valued at $8B in employee share sale. The new valuation is a 31% increase from $6 ... Show more

. 5min 44sec

Walmart agrees to $100M settlement; plus, Read AI launches an email-based ‘digital twin’

The suit said Walmart mislead drivers about their possible tips and would reduce their base pay, among other things. Also, Read AI is launching Ada, which can reply with your availability and extract answers from the company knowledge base and the web. Learn more about your ad ch ... Show more

. 7min 3sec

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