Warner Bros. Discovery’s (WBD) board of directors urged shareholders to reject Paramount Skydance’s hostile bid for the company, arguing that the offer is “illusory” and “imposes numerous, significant risks and costs.”
Read More Warner Bros. Discovery board urges shareholders to reject Paramount’s bid, argues Ellison family has ‘consistently misled’ shareholders
President Donald Trump believes there “could be a problem” with the $72 billion potential merger between Netflix and Warner Bros. Discovery, citing his concerns over the combined company’s massive market share in streaming and content production.
Read More Trump warns Netflix-Warner Bros. deal ‘could be a problem’ over market share
Netflix announced on Friday of their purchase of Warner Bros. Discovery’s studio and streaming business, in a major deal that rocks Hollywood and the media landscape.
Read More Netflix set to swallow Hollywood: Announcing historic acquisition of Warner Bros.
The investigation could result in the latest multibillion-euro fine for the U.S. digital giant from the European Commission.
Read More EU investigates Google over concerns content is unfairly demoted in search results
Epic and Google revealed the settlement agreement in a joint legal document they filed in a San Francisco federal court Tuesday.
Read More Fortnite maker Epic Games and Google say they’re settling 5-year legal fight over Android app store
Elon Musk is accusing Apple of unfairly favoring OpenAI’s ChatGPT app over his Grok AI chatbot, and threatened legal action through his AI startup xAI.
Read More Musk threatens ‘immediate legal action’ against Apple over App Store ranking