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Rob Schmitt: David Ellison Will 'Bring Media to Middle'
Newsmax's Rob Schmitt and conservative podcaster Trish Regan said Friday that Paramount Skydance's agreement to acquire Warner Bros. Discovery for $110 billion marks a major shift in the media landscape, adding to the Ellison family's growing portfolio after its purchase of ...
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NY Post: CNN Staff in Panic Over Paramount Success
Employees at CNN are said to be "freaking out" over the announcement Warner Bros. Discovery will be acquired by Paramount Skydance, Charles Gasparino reported in the New York Post.
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Burger King Rolls Out AI to Guide Workers
Burger King is testing AI-powered headsets that can recite recipes, alert managers when inventories are low and even track how friendly employees are to customers.
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SpaceX Targets Record-Breaking $1.75T IPO
SpaceX is preparing to confidentially file for an initial public offering as soon as next month, a move that could lead to the largest stock market debut in history and value Elon Musk's rocket and satellite company at more than $1.75 trillion, Bloomberg reports.
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Trump Media Weighs Spinoff of Truth Social
Trump Media & Technology Group said Friday it is considering spinning off its Truth Social platform into a separate publicly traded company as it advances a planned $6 billion merger with fusion-energy firm TAE Technologies, CBS News reports.
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Warner Bros Signs $110 Billion Deal With Paramount
Warner Bros Discovery has agreed to be acquired by Paramount Skydance in a $110 billion deal signed Friday morning, according to an audio clip of a global townhall by the company, which was reviewed by Reuters.
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Netflix Surges 10% as Investors Cheer Exit From Warner Race
Netflix jumped neary 10% Friday as investors applauded its decision to exit the race for Warner Bros Discovery, a months-long bidding war with Paramount Skydance for some of Hollywood's most prized assets.
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Deadline Nears as Anthropic Defies Pentagon's AI Demands
A public showdown between the Trump administration and Anthropic is hitting an impasse as military officials demand the artificial intelligence company bend its ethical policies by Friday or risk damaging its business.
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OpenAI's $110B Round Draws Amazon, Nvidia, SoftBank
Amazon will invest $50 billion in OpenAI, starting with an initial $15 billion and followed by another $35 billion in the coming months, the companies said on Friday.The investment is part of a massive funding round for OpenAI, which is raising $110 billion in new...
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Block Soars 20% After Axing 4,000 Roles in AI Overhaul
Shares in the financial technology company Block soared more than 20% in premarket trading Friday after its CEO announced it was laying off more than 4,000 of its 10,000 plus employees, reconfiguring to capitalize on its use of artificial intelligence.
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State Farm Plans $5B Dividend for Auto Policyholders
State Farm said Thursday it will return $5 billion to qualifying auto insurance customers through a one-time dividend that the company said will begin paying out this summer,
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Calif. Plaintiff: Google, Meta Harmed Mental Health
A young California woman suing Meta Platforms' Instagram and Google's YouTube testified Thursday in a landmark trial her childhood social media addiction left her anxious, depressed and insecure of her own looks, yet unable to give up her cellphone without feeling further...
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Judge Lets Tesla H-1B Bias Lawsuit Move Forward
A federal judge has ruled that Tesla must face a proposed class-action lawsuit alleging the company systematically discriminated against American workers by favoring H-1B visa holders for engineering roles, even as it laid off thousands of U.S. employees.
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Target Pays $110M to Exit Minneapolis Office Lease
For nearly five years, almost one million square feet of former Target office space in downtown Minneapolis , where the retail giant is headquartered , have sat largely vacant, even as Target continued paying rent, The Minnesota Star Tribune reports.
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CBS's Weiss Latest Target of Antisemitic Intolerance
The Weiss cancellation was not considered an outrage anywhere in "mainstream" media, an elite full of Jim Acostas staring at themselves in the mirror and admiring themselves as the guardians of democracy, when they're intolerant of opposing views.
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Greg Abel to Detail Strategy for Berkshire After Buffett
Berkshire Hathaway's new Chief Executive Greg Abel faces numerous challenges as the successor to famed billionaire Warren Buffett.
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Nvidia Delivers Blowout Quarter - Stock Shrugs
Artificial intelligence chipmaker Nvidia announced another quarter of astounding quarterly growth as investors try to decipher whether technology's latest craze is overblown hyperbole or a springboard into a new era of prosperity and productivity.
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Tesla Yet to Advance California Robotaxi Permits
For more than a year, Elon Musk has repeatedly said Tesla is months away from launching a driverless robotaxi service in California - once state regulators give their blessing. Tesla did nothing to secure that approval in 2025, according to previously unreported state...
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FCC Opens Inquiry Into Sports Coverage Shift to Streaming
The Federal Communications Commission on Wednesday announced a public inquiry into the shift of sports broadcasting rights from free, over-the-air programming to paid streaming platforms.
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Energy Dept Closes Record $26.5B Loan to Cut Costs in Ga., Ala.
The Department of Energy says it has closed what it calls the largest loan package in its history, approving $26.5 billion in financing for subsidiaries of Southern Co. that is projected to deliver more than $7 billion in electricity cost savings to customers in Georgia and Alabama.
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AmEx Commits to 55-Story HQ at 2 World Trade Center
American Express will anchor and fully occupy the final tower at the rebuilt World Trade Center, committing to a 55-story global headquarters, the company announced Wednesday.
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Samsung Rolls Out More AI for the New Galaxy S26
Samsung Wednesday unveiled its latest Galaxy smartphones, which boast an even bigger toolbox of artificial intelligence technology than the previous two generations and introduce a new privacy shield mode that blocks snoopy bystanders from sneaking a peek at the display...
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McDonald's Biggest Burger Yet: The Big Arch
McDonald's is going big - really big.
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Warner Bros. Sees Paramount Bid as Possibly 'Superior'
Warner Bros. Discovery said a revised takeover offer from Paramount valuing the company at $31 a share could reasonably be expected to lead to a "superior proposal" to its existing $83 billion deal with Netflix, The New York Times reports.
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Navarro: Tim Cook 'Lied Through His Teeth' About US iPhone Production
White House trade adviser Peter Navarro accused Apple CEO Tim Cook of "lying through his teeth" about shifting iPhone production to the United States, saying the tech chief made similar promises during President Trump's first term but failed to follow through.