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Netflix updates Warner Bros bid to all-cash offer
Posted onNetflix has updated its offer for Warner Bros Discovery’s streaming and film business and will pay completely in cash – as it looks to fend off rival Paramount Skydance in pursuit of the Hollywood studio. The move amends the streaming giant’s original offer, which would have funded the transaction using a mix of cash and…
Have plans on paper in case of cyber-attack, firms told
Posted onPeople should plan for potential cyber-attacks by going back to pen and paper, according to the latest advice. The government has written to chief executives across the country strongly recommending that they should have physical copies of their plans at the ready as a precaution. A recent spate of hacks has highlighted the chaos that…
Smart motorways not delivering value, new reports show
Posted onIn a statement, the Department for Transport said that although it would not be rolling out any new smart motorways, they remained among our safest roads in terms of deaths and serious injuries, and were just as safe, or safer, than the roads they replaced.
Trump faces extraordinary moment in spat with Fed chair Powell
Posted onFaisal IslamEconomics editor Reuters It is extraordinary enough to see the world’s top central banker make an unscheduled video statement on social media. My first thought upon seeing the post from the Federal Reserve chair Jerome Powell was: “Is this an AI deepfake?” That sense did not go away as I listened to what were…
Tech billionaires seem to be doom prepping. Should we be worried?
Posted onZoe KleinmanTechnology editor BBC Mark Zuckerberg is said to have started work on Koolau Ranch, his sprawling 1,400-acre compound on the Hawaiian island of Kauai, as far back as 2014. It is set to include a shelter, complete with its own energy and food supplies, though the carpenters and electricians working on the site were…
