Netflix ditches deal for Warner Bros. Discovery after Paramount’s offer is deemed superior
Netflix is ditching a deal to buy Warner Bros. Discovery's studio and streaming assets after the WBD board deemed a revised bid by Paramount to be superior.

Netflix is ditching a deal to buy Warner Bros. Discovery's studio and streaming assets after the WBD board deemed a revised bid by Paramount to be superior.
Block said Thursday it's laying off more than 4,000 employees, or about half of its head count.
The company's quarterly revenue forecast fell short of consensus.
Anthropic said its negotiations with the DoD are still ongoing.
Asia-Pacific markets opened mixed on Friday, after U.S. stocks declined overnight as Nvidia shares tumbled despite a quarterly earnings beat.
"The odds were stacked against them," Adam Phillips of EP Wealth Advisors told CNBC.
President Donald Trump said that prices for certain proteins like beef, chicken and eggs have declined. Here's what the data shows about costs for these items.
Researchers forecast 6 million small- and medium-sized businesses, or SMBs, will be available for acquisition by 2035.
Cerulli Associates anticipates $105 trillion in wealth will be passed down to heirs through 2048, with about $54 trillion of that inheritance going to spouses.
The job cuts are occurring across the company, and are a result of its push to focus on "strategic priorities," eBay said.
Trump's DOJ has until Friday to decide on moving a tariff refund case to the Court of International Trade, the first deadline since the Supreme Court decision.
Everyday traders recorded their highest levels of net buying in the stock during the first 80 minutes of a trading day going back to at least 2012, data shows.
Nano Banana 2 is Google's newest version of its Gemini AI image generator, with increased speed and real-time sourcing.
Elmina Aghayev was taken into custody by ICE agents from a student residential building owned by Columbia University.
Novartis and Genentech are suing a U.S. company and a Canadian pharmacy over the importation of a Canadian version of their allergy medicine.
Shares are well off their highs of the day, but we're chalking that up to the broader tech rotation.
Flutter's 2026 revenue guidance of $17.75 billion to $19.05 billion was lower than analysts' projection.
Customers can expect to receive $100 refund on average, though State Farm says it will vary by state and by the amount of premium paid.
The president has commanded a massive military buildup in the region, as he negotiates a new nuclear deal with Iran.
Student loan borrowers who were steered into a forbearance by Navient may soon get a check, due to a settlement with the Consumer Financial Protection Bureau.
Shares of enterprise artificial intelligence company C3 AI sunk after widely missing earnings and announcing layoffs under new CEO Ehikian's restructuring plan.
Investors had grown weary that the massive run-up in spending on AI hardware might not be sustainable, stoking fears of a bubble building in the sector.
A bipartisan group of lawmakers in both chambers is working to limit advanced chip exports to China.
Trump accounts are an investment account for kids, but the funds aren't tax-free. Here's what families need to know.