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Snap says its $400M deal with Perplexity ‘amicably ended’ - TechCrunch
business 2026/05/06 21:43:24

Snap says its $400M deal with Perplexity ‘amicably ended’ - TechCrunch

The deal, announced last November, would have seen Perplexity’s AI search engine integrated directly into Snapchat.

TechCrunch
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IonQ Reports Smaller-Than-Expected Loss, Revenue Tops Estimates Amid Acquisitions - Investor's Business Daily
business 2026/05/06 21:36:00

IonQ Reports Smaller-Than-Expected Loss, Revenue Tops Estimates Amid Acquisitions - Investor's Business Daily

IonQ stock rose after the quantum computing firm reported a smaller-than-expected Q1 loss while revenue beat estimates.

Investor's Business Daily
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HBO Max Beats Internal Forecasts, Topping 140M Subscribers In Q1; WBD Now Sees It At 150M By Year-End - Deadline
business 2026/05/06 21:34:00

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.

Deadline
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Warner Bros. Discovery books $2.9 billion net loss tied to Paramount deal, restructuring costs - CNBC
business 2026/05/06 20:20:57

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.

CNBC
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How David Sacks crashed and burned in the White House - The Verge
business 2026/05/06 20:18:00

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.

The Verge
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Elite M&A Lawyers Fed Massive Insider-Trading Ring, US Alleges - Bloomberg.com
business 2026/05/06 20:01:51

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.

Bloomberg
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