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HBO Max Beats Internal Forecasts, Topping 140M Subscribers In Q1; WBD Now Sees It At 150M By Year-End - Deadline
HBO Max, which has zigged and zagged more than most streaming services since its delayed launch in 2020, is now on track to hit 150 million subscribers by the end of 2026.
Warner Bros. Discovery books $2.9 billion net loss tied to Paramount deal, restructuring costs - CNBC
Paramount agreed to pay a Netflix termination fee, but the cost lives on WBD’s books until the close of the deal.
How David Sacks crashed and burned in the White House - The Verge
The Trump administration pulled a 180 on AI oversight, inducing Sacks’ worst nightmare: more government regulation on technology.
Elite M&A Lawyers Fed Massive Insider-Trading Ring, US Alleges - Bloomberg.com
Lawyers from top mergers and acquisitions firms provided tips on some of the biggest deals of the last decade to an insider trading ring that made tens of millions of dollars in illegal profits, federal prosecutors said.
GameStop CEO Selling GameStop Stuff On Ebay To Fund Buyout Of Ebay - GameSpot
Ryan Cohen is “selling stuff on eBay to pay for eBay.”
TikTok is pulling back on an AI feature that went haywire - Business Insider
TikTok is pulling back on an AI feature that added wildly inaccurate text summaries to videos from users like Charli D’Amelio and Shakira.