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Netflix drops $83 billion bid for Warner Bros. Discovery, paving way for Paramount Skydance deal - CBS News
business 2026/02/27 19:41:47

Netflix drops $83 billion bid for Warner Bros. Discovery, paving way for Paramount Skydance deal - CBS News

Streaming giant Netflix declined to match Paramount Skydance’s $31 per share offer for Warner Bros. Discovery.

CBS News
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Is AMD a Buy After Meta Deal? - The Motley Fool
business 2026/02/27 18:30:00

Is AMD a Buy After Meta Deal? - The Motley Fool

AMD shares climbed after it received a large GPU commitment from Meta.

Motley Fool
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Meta’s Defense In Social Media Addiction Trial Is Basically A Shrug - Defector
business 2026/02/27 18:13:00

Meta’s Defense In Social Media Addiction Trial Is Basically A Shrug - Defector

Last week, Mark Zuckerberg sat in a Los Angeles courtroom and testified for five hours that he and his company, Meta, are not culpable in claims that they have deliberately made the platform addictive and harmful for young users. The testimony was part of a …

Defector.com
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MFS Creditors Warn of £930 Million Shortfall From Double Pledges - Bloomberg.com
business 2026/02/27 18:02:32

MFS Creditors Warn of £930 Million Shortfall From Double Pledges - Bloomberg.com

Some creditors of Market Financial Solutions Ltd., the failed UK mortgage firm backed by Wall Street lenders, warned there may be a £930 million ($1.3 billion) shortfall in collateral backing their loans.

Bloomberg
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Jack Dorsey lays off 40% of Block because of AI and sees most firms making similar cuts in next year - Fortune
business 2026/02/27 17:52:00

Jack Dorsey lays off 40% of Block because of AI and sees most firms making similar cuts in next year - Fortune

The former Twitter CEO said AI was “enabling a new way of working” as his company scales back its workforce as a result of AI productivity gains.

Fortune
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Stock Market Today: Dow Sinks On Hot Inflation; CoreWeave, Rocket Lab Plunge (Live Coverage) - Investor's Business Daily
business 2026/02/27 17:29:00

Stock Market Today: Dow Sinks On Hot Inflation; CoreWeave, Rocket Lab Plunge (Live Coverage) - Investor's Business Daily

Stock Market Today: The Dow Jones index drops Friday after hot inflation data. Nvidia partner CoreWeave plunges after its quarterly report.

Investor's Business Daily
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