Paramount Skydance CEO David Ellison is pushing back against California AG Rob Bonta's lawsuit blocking the $81 billion merger with Warner Bros. Discovery, warning that blocking the deal could lead to job losses in Hollywood and the eventual takeover of studios by tech giants like Amazon and Apple. Ellison argues that traditional studios need to merge to compete with tech companies and that the merger is crucial for Warner Bros. Discovery's financial health, which currently carries $30 billion in debt. The merger has been approved globally except by a few state attorneys general, with no settlement talks yet scheduled. Ellison also threatens to move Paramount's operations out of California if no agreement is reached by October 1, while facing a costly daily fee if the deal doesn't close soon.
Remittix announced its final presale price for the RTX token at $0.46, set as the minimum exchange launch price for its market debut on November 24, 2026. Currently, RTX is available at $0.23 during the ongoing presale stage, with the project nearing...
Starknet (STRK) saw a significant 44.51% price increase within 24 hours, reaching $0.110 and a market cap of over $813 million, making it the most-searched crypto asset at the time. Other notable movements included Quantus (QTC) rising 3.17%, Derive ...
KLA, a semiconductor inspection equipment maker, grew its revenue to $13.58 billion in fiscal 2026, driven by rising demand in AI infrastructure and advanced chip manufacturing. Over the past decade, a $1,000 investment in KLA grew to $31,595, vastly...
Palantir's stock rating was upgraded from 'strong sell' to 'buy' after a reassessment showed that fears of AI turning customers into competitors were unfounded. Instead, Palantir benefits as customers develop their own AI software that complements an...
Bitcoin's price has paused around the $82,800 level after a strong autumn rally, entering a 'hard retest' phase where it tests previous breakout support to confirm buyer strength. This pause reflects a broader global liquidity shortage affecting majo...
