Paramount CEO David Ellison warned top executives that the company will begin exiting California on October 1 if State Attorney General Rob Bonta does not negotiate a settlement for the antitrust lawsuit blocking its $111 billion merger with Warner Bros. Discovery. The lawsuit, led by Bonta and 20 other state attorneys general, challenges the merger on antitrust grounds related to film releases and cable programming, with trial set for March 2027. Paramount faces a $7 million daily fee starting October 1 if the merger is not closed, and Ellison has expressed frustration with the hostile environment in California, though he prefers not to relocate. The merger has been approved by federal and international regulators but remains contested in California courts.
Borders & Southern Petroleum is progressing discussions with multiple parties to farm out its Darwin oil discovery in the Falkland Islands, amid growing investor interest driven by accelerated development of the Sea Lion oil project. The company owns...
Solana (SOL) has surged more than 24% in the past week and 43% over the last month, reclaiming the $100 price level. Institutional and whale investors, including DeFi Development Corp (DFDV), which added 19,000 SOL to its 2.3 million token holdings, ...
Dunkin' and BARK opened their first official dog drive-thru in Quincy, Massachusetts, on National Dog Day, offering dog treats, limited-edition bandanas, and plush toys inspired by Dunkin's menu. The event supports the Dunkin' Joy in Childhood Founda...
US-listed XRP ETFs attracted $28.14 million on August 26, marking the second-largest daily inflow in 2026, led by Bitwise with $13.12 million. Whale wallets accumulated about 460 million XRP tokens, the strongest since February, signaling strong inst...
At Bitcoin Asia 2026 in Hong Kong, former Binance CEO Changpeng Zhao predicted Bitcoin will overtake gold's significance during the next bull market cycle. While gold's market cap is about $32.4 trillion, Bitcoin currently holds $1.6 trillion, with Z...
