America’s Biggest Bitcoin Miners Are Pivoting to AI
In the face of a profitability crisis, industrial-scale bitcoin miners are transforming their data centers into AI factories.
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Square’s product chief on the death of the penny and the future of money
Today, I’m talking with Willem Avé, who’s head of product at Square. You know Square — it was started by billionaire Jack Dorsey, of Twitter fame, more than 15 years ago, and it got big on the back of that little magnetic reader that plugged into the headphone jack of the iPhone and let small […]
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Paramount launches a hostile $108 billion bid to snatch Warner from Netflix
Paramount has launched a $108.4 billion hostile takeover bid for Warner Bros. Discovery, calling Netflix’s $83 billion arrangement to purchase the entertainment giant’s studios and streaming service “inferior.” The Paramount proposal, unlike Netflix’s, would also include the linear networks owned by WBD. Paramount says its deal offers a “superior alternative to the Netflix transaction,” citing […]
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Netflix is buying Warner Bros: All of the latest updates
After a bidding war that reportedly also involved Paramount, Comcast, Amazon, and Apple, on December 5th, Netflix struck a deal to buy Warner Bros. for $82.7 billion, buying the studio, HBO / HBO Max, Warner Games, and more, while leaving cable and sports assets, including CNN, TNT Sports, and the Discovery channels out. A few […]
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