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How High Will Netflix Go in the Hunt for Warner Bros?
How high will Netflix go? That used to be a question discussed all over Wall Street regarding the streaming giant’s stock price. But as of late, it has been the focus of a debate about whether the global streamer was ready to outbid David Ellison’s Paramount for Warner Bros. Discovery, should the latter’s board deem…
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Faisal Islam: Is Reeves right in saying were turning a corner?
“I know that the last few years have been tough for people, but the measures that I took, all fully costed and fully funded in the budget, should start to ease those cost of living pressures that people have been living with for too long,” she told me.
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Kalshi fined a MrBeast editor for insider trading
Kalshi, one of several online prediction markets that have exploded in popularity in the last few years, has suspended one of YouTube MrBeast’s video editors for insider trading, NPR reports. Besides being suspended from the platform for two years, Kalshi says the editor will also be required to pay a financial penalty that’s five times…
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Rare Exchange Fund withdrawal to pay for Northern Metropolis, other big schemes
The Hong Kong government has produced a consolidated surplus earlier than expected, its first in four years, ahead of a rare transfer into coffers from the Exchange Fund and other sources. Wednesday’s budget pointed to fund transfers of HK$127.83 billion (US$16.35 billion) and an 11.1 per cent jump in government revenues contributing to another surplus…
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Anthropic weakens its safety pledge in the wake of the Pentagons pressure campaign
Two stories about the Claude maker Anthropic broke on Tuesday that, when combined, arguably paint a chilling picture. First, US Defense Secretary Pete Hegseth is reportedly pressuring Anthropic to yield its AI safeguards and give the military unrestrained access to its Claude AI chatbot. The company then chose the same day that the Hegseth news…
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Taylor Tomlinson Is Back Where She Started
It’s not hyperboleto call Taylor Tomlinson a wunderkind. In her 20s, she became a top-grossing touring stand-up, was tapped to host a late night show (late CBS effort After Midnight) and developed her own material more than plenty of her peers will over a lifetime. It helps that she all but committed to the path…
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Charter Names New COO Ahead of Megamerger
Charter Communications has tapped turnaround specialist NickJefferyas its next chief operating officer. He’ll start in the role on Sept. 1. Jefferywill leadmarketingandsales and field operationsas the cable and internet giant looks to bolster its customer service and Spectrum product offerings across Charter’s U.S. footprint. “Nick’s leadership, growth mindset and operational expertise combined with his proven…
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Live blog: Samsung unveils new Galaxy S26 phones
We’re here in San Francisco, where Samsung is set to unveil its new Galaxy S26 series phones and probably some accessories to go with them starting at 1PM ET. Keep in mind this isn’t Samsung’s foldy phone event, which usually occurs in the summer. One of the things we’re most curious about is whether the…
