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December 8, 2025, 9:30 AM
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| CNBC: |
Paramount launches a hostile bid to acquire WBD, offering WBD shareholders $30/share in a $108B all-cash deal; sources say WBD rejected the same bid last week — Paramount Skydance is launching a hostile bid to buy Warner Bros. Discovery after it lost out to Netflix in a months-long bidding war … | Bloomberg: |
President Trump says Netflix's WBD deal has “got to go through a process”, its big market share “could be a problem”, and he will be involved in the decision — President Donald Trump raised potential antitrust concerns for Netflix Inc.'s planned acquisition …
More: Engadget, Quartz, Nairametrics, Truth on the Market, Blockonomi, ZeroHedge News, iPhone in Canada, The Independent, The Guardian, The Hollywood Reporter, Forbes, NBC News, Benzinga, Washington Post, Far Out Magazine, Financial Times, Livemint, Media Play News, Blockchain.News, The Wrap, Reuters, Variety, Wall Street Journal, World of Reel, Deadline, Mobile World Live, and Bloomberg Law
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| Ben Thompson / Stratechery: |
Netflix changed movie distribution, and its executives now think that licensing shows leaves money on the table; YouTube may help Netflix's WBD antitrust case — Warner Bros. started with distribution. Just after the turn of the century, Harry, Albert, Sam, and Jack Warner bought …
| Lucas Shaw / Bloomberg: |
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| Lauren Thomas / Wall Street Journal: |
IBM agrees to acquire data streaming software maker Confluent for ~$11B in cash, above its ~$8B market value as of its December 5 close, paying $31 per share — Confluent shares surged more than 25% in premarket trading Monday, while IBM's fell slightly.
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| Barbara Moens / Financial Times: |
The EU says Meta agreed to make changes to its “pay or consent” model in the EU, including ad-lite Instagram and Facebook versions, but “the case is not closed” — Facebook agrees changes to ‘pay or consent’ model after talks with European Commission| Financial Times: |
Big Tech's AI data center plans, which are set to need an estimated 44GW of additional capacity by 2028, face a power crunch that could deflate the AI “bubble” — A lack of electricity for new data centres could deflate the AI ‘bubble’ — Rafe Rosner-Uddin in San Francisco … | Bloomberg: |
President Trump says he will sign “a ONE RULE” EO on AI “this week” and “you can't expect a company to get 50 Approvals every time they want to do something” — President Donald Trump said he would approve an executive order this week to establish …
More: Financial Times, Reuters, ZeroHedge News, NewsMax.com, and Fox Business. Truth Social: @realDonaldTrump …
| Ellen Gamerman / Wall Street Journal: |
Inside the creation of AI actress Tilly Norwood, which included 2,000 iterations; Particle6, its creator, says it has ~60 NDAs for projects involving Tilly — How the human behind Tilly Norwood brought her to digital life — Tilly Norwood, an “actress” built with artificial intelligence … | Shirin Ghaffary / Bloomberg: |
An OpenAI survey of 9,000 workers at 100 companies: it saves workers ~40 to 60 minutes per day on average for professional tasks; OpenAI has 1M business clients — OpenAI's artificial intelligence products are saving workers an average of about 40 to 60 minutes a day on professional tasks … | Alex Dooler / Bloomberg: |
Binance receives three licenses from Abu Dhabi's financial regulator, allowing comprehensive operations across its exchange, clearing, and brokerage arms — Binance has won three separate licenses from Abu Dhabi's financial regulator, giving the crypto exchange giant one of its most comprehensive regulatory footholds yet.| Laith Al-Khalaf / Financial Times: |
Singapore-based banking and payments startup Airwallex raised $330M at an $8B valuation, after raising $300M at a $6.2B valuation in May, and plans a US HQ — Payments company opens San Francisco base and reduces Tencent's holding in US pivot — A Singapore fintech that was labelled a …
More: FinSMEs, Business Wire, Finextra, ar Feed, TNGlobal, Tech Funding News, Bloomberg, and Capital Brief
| Lisa Bonos / Washington Post: |
A look at an “etiquette camp” for young founders in San Francisco, which teaches them how to dress, act, and talk, amid shifting expectations for tech founders — SAN FRANCISCO — Strolling into the Four Seasons Hotel, wearing a suit on a recent Wednesday, artificial intelligence start … | James Hunt / The Block: |
Michael Saylor's Strategy acquired 10,624 bitcoin for $962.7M between December 1 and 7, its largest purchase since July; its stock is down ~40% in 2025 — Partner offers — Quick Take — Strategy has purchased another 10,624 BTC for approximately $962.7 million at an average price …
More: CoinDesk, Crypto Briefing, Cryptonews, and CoinGape
| Nandan Mandayam / Reuters: |
India's Tata Electronics signs up Intel as the first prospective client for its upcoming chip facilities; Tata is investing ~$14B to build in Gujarat and Assam — India's Tata Electronics has secured Intel (INTC.O) as the first prospective customer for its upcoming chip facilities …
More: Business Today, ANI News, and The Hindu BusinessLine
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