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December 5, 2025, 2:30 PM
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Top News

Daniel Thomas / Financial Times:
Netflix agrees to acquire WBD's studios and streaming business in an $82.7B cash-and-stock deal, including debt, to close after WBD splits in two in Q3 2026  —  Deal will transform US tech company into the dominant player in Hollywood  —  Netflix has agreed an $83bn takeover of Warner Bros Discovery …
Bloomberg:
Netflix has lined up a $59B unsecured bridge loan from Wells Fargo, BNP Paribas, and HSBC to support its WBD deal, one of the largest ever loans of its kind  —  Netflix Inc. has lined up $59 billion of financing from Wall Street banks to help support its planned acquisition of Warner Bros. Discovery Inc. …
Tony Maglio / The Hollywood Reporter:
Netflix says it “expects to maintain Warner Bros.' theatrical releases for films” but “the windows will evolve to be much more consumer friendly”  —  Now that that's settled...  Netflix just solidified itself as the leading entertainment company (and then some), and all it cost was $83 billion.
Foo Yun Chee / Reuters:
The EU fines X €120M for breaching online content rules, the first fine under the DSA, citing issues like its deceptive blue checkmarks, after a two-year probe  —  Elon Musk's social media company X was fined 120 million euros ($140 million) by EU tech regulators on Friday …
Liv McMahon / BBC:
Vice President JD Vance, US Secretary of State Marco Rubio, and FCC Chairman Brendan Carr denounce the EU's €120M X fine  —  The EU has fined Elon Musk's social media platform X €120m (£105m) over its blue tick badges - prompting an angry reaction from the US.
New York Times:
The New York Times sues Perplexity, claiming the AI startup violated its copyrights and kept using its content despite repeated demands over the past 18 months  —  Filed in federal court on Friday, the suit joins more than 40 other court disputes between copyright holders and A.I. companies.
Rose Henderson / Bloomberg:
Cloudflare says it has fixed an issue that caused a 25 minute outage on Friday, following a major, hours-long outage last month  —  Cloudflare Inc. said it has fixed a problem that led to the websites for several banks, Shopify, Zoom and LinkedIn to go down Friday.
Sara Fischer / Axios:
Meta strikes commercial AI data deals with news publishers, including CNN, Fox News, and The Daily Caller, to provide real-time answers in its Meta AI chatbot  —  Meta on Friday said it has struck several commercial AI data agreements with news publishers ranging from USA Today, People Inc. …
Kif Leswing / CNBC:
Apple says general counsel Kate Adams and policy chief Lisa Jackson are retiring, and Jennifer Newstead, Meta's chief legal officer, will replace Adams in March
A.J. Vicens / Reuters:
US and Canadian agencies warn that Chinese hackers are using Brickstorm malware to penetrate and maintain backdoor access to unnamed government and IT entities  —  Chinese-linked hackers used sophisticated malware to penetrate and maintain long-term access to unnamed government …
Casey Newton / Platformer:
An overview of the five years of Meta's Oversight Board, whose rulings on the relatively small number of cases that it hears have generally had limited impact  —  Five years after the Oversight Board's creation, few are satisfied with the result.  Can it be saved?
Hugging Face:
Hugging Face details how it used its new tool, Skills, to fine tune an LLM using Claude, including for writing scripts, submitting jobs to cloud GPUs, and more  —  We gave Claude the ability to fine-tune language models using a new tool called Hugging Face Skills.
About Amazon:
AWS unveils its 192-core Graviton5 chip, with an up to 25% better compute performance than Graviton4, and says Graviton makes up 50%+ of AWS' new CPU capacity  —  Fifth generation chip provides the best price performance for a broad range of workloads in Amazon EC2.  —  Key takeaways
Wall Street Journal:
Sources: Masayoshi Son and the White House plan to build “Trump Industrial Parks” in the US to produce AI infrastructure parts, funded by the Japan trade deal  —  SoftBank billionaire seeks to build ‘Trump Industrial Parks’ on federal land, using hundreds of billions of capital from the Japan trade deal
Will Oremus / Washington Post:
Two studies suggest that AI chatbots can shift political views more effectively than TV campaign ads, by presenting many claims, regardless of their accuracy  —  New research suggests AI chatbots can shift people's political views more effectively than campaign ads on TV.

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From Mediagazer

Todd Spangler / Variety:
Comcast plans to spin off its media and entertainment assets, including NBCUniversal and Sky, into a new publicly traded entity, set to close by mid-2027

Rebecca Rubin / Variety:
Industry sources estimate Supergirl could lose $100M to $120M during its theatrical run after a $37.1M domestic and $62.6M worldwide opening weekend, below est.

Madeline Halpert / BBC:
Film director Carl Erik Rinsch, who was convicted last year of defrauding Netflix of $11M, is sentenced to two and a half years in prison

More News

Google Research:
Google unveils Titans, an architecture combining RNN speed with transformer accuracy for real-time learning, which can scale to context windows of 2M+ tokens

Earlier Picks

Boaz Sobrado / Forbes:
A Polymarket trader allegedly netted $1M+ in 24 hours with large positions on 22 correct predictions out of 23 attempts on Google's 2025 Year in Search rankings
Mike Isaac / New York Times:
Meta says it's shifting some of its metaverse investment to AI glasses and wearables “given the momentum” and “we aren't planning any broader changes than that”
Abner Li / 9to5Google:
Google rolls out Gemini 3 Deep Think to Google AI Ultra subscribers in the Gemini app, after saying in November it needed “extra time for safety evaluations”
Sarah Perez / TechCrunch:
Meta launches a centralized support hub for Facebook and Instagram, with AI-powered search and an AI assistant to answer queries, in its iOS and Android apps
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