The Writers Guild of America has filed a lawsuit to block Paramount's $81 billion acquisition of Warner Bros. Discovery, arguing the merger would harm writers by reducing competition, lowering wages, and cutting job opportunities. The union claims the combined company would dominate the market, suppressing wages and reducing projects for writers in TV and film. Paramount disputes these claims, promising to expand opportunities and maintain separate studios. This legal challenge follows a similar lawsuit from 12 states, adding regulatory hurdles to the deal, which aims to close in Q3 2026.
PayPal's board has reportedly rejected an offer valuing the company at $60.50 per share, considering it inadequate. This comes as PayPal's stock currently trades at around $56 per share. The board's stance suggests they believe the company's value is...
The European Union has expanded its sanctions against Russia by banning 14 crypto platforms, including Justin Sun-owned HTX, accusing them of helping blocked Russian entities move funds and bypass sanctions. This move prohibits EU persons and firms f...
Bitcoin's short-term holder market capitalization dropped to $236.2 billion, close to its lowest since mid-2024, signaling deepening losses among recent buyers who are selling below cost amid the 2026 market decline. Technical analysis highlights cri...
South Korea's largest crypto exchange, Upbit, will list two modular DeFi lending tokens, Morpho (MORPHO) and Euler (EUL), in its KRW market on July 25 and 26, 2026. Morpho's price rose 4.8% on the announcement, reflecting growing investor interest. T...
Morgan Stanley's Bitcoin Trust surpassed $400 million in inflows, signaling strong institutional interest amid $51.83 billion cumulative inflows in U.S. Spot Bitcoin ETFs. However, daily ETF outflows of about $240 million and Bitcoin trading below $6...
