Justice Department approves Paramount Skydance’s acquisition of Warner Bros. Discovery
The Justice Department has signed off on Paramount Skydance’s $110 billion acquisition of Warner Bros. Discovery, clearing the way for a merger that will unite two historic Hollywood studios and…
Sam Bankman-Fried loses bid to overturn crypto fraud conviction
Sam Bankman-Fried on Friday lost his bid to overturn his fraud conviction and 25-year prison sentence over the collapse of the FTX cryptocurrency exchange he founded. In a unanimous decision,…
1,000,000,000,000 by any other name: A trillion in words and graphics
You’ve started reading. We’ll track how long you spend on this article. When you reach the end, we’ll show how much money you would win if you were awarded $1…
E.U. reviewing Paramount-Warner merger over Middle Eastern wealth funds’ backing
European Union regulators are studying Paramount Skydance’s prospective takeover of Warner Bros. Discovery over the deal’s financial backing from three Middle Eastern sovereign wealth funds, according to a public filing.…
Apple bets boring is better
Monday, as Apple’s WWDC keynote wrapped up and I emerged from watching the show on a giant outdoor screen surrounded by Apple developers and other attendees, I had two unexpected…
Kalshi looks to tackle insider trading by asking some users for their employer info
The prediction market platform Kalshi will soon require users to disclose their employers before they place certain trades that involve sensitive information, the company confirmed to NBC News on Tuesday.…
Paramount accuses Netflix of ‘scorched-earth’ campaign against Warner Bros. deal
Paramount Skydance has accused Netflix of spearheading a “scorched-earth campaign to try and poison regulators and other stakeholders” against its $110 billion purchase of rival Hollywood studio Warner Bros. Discovery.…
Former Air Canada pilot flew hundreds of flights without proper license, police say
A former pilot flew commercial planes for nearly 17 years allegedly without the required license, Ontario police said. A “complex fraud and forgery investigation” uncovered that a commercial airline pilot…
Pentagon blacklists Alibaba and BYD from defense contracts
WASHINGTON — The Pentagon has added several prominent Chinese businesses, including the tech giant Alibaba, electric car maker BYD and search engine Baidu, to its list of Chinese military companies,…
Auburn student whose body was found after he went missing in Japan was on a ‘decompression’ hike
An Auburn University student who died in Japan after going off on a solo hike away from his family enjoyed long strolls for “decompression” and wouldn’t have wanted to harm…