Letterboxd in Talks for $250 Million Sale as Netflix, Sony, and Paramount Circle the Film Platform
Concerns grow over the platform’s independence as it hits 30 million users.
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Tencent Set to Become Largest Shareholder of AI Startup Manus After Unwinding Meta’s $2B Deal
Tencent teams up with early investors to buy back AI startup Manus from Meta at $2B valuation.
Netflix’s Engagement Crisis: Profits Soar, But Viewers Are Tuning Out
The streaming giant is fighting back with live channels, ad-tier growth, and potential sports rights.
Taco Bell Pauses Key Produce Items Amid Cyclospora Outbreak — Precautionary Move, Not a Recall
No FDA recall, no link to illnesses, and TD Cowen sees only short-term risk for Yum! Brands.
TeraWulf Targets $3.5 Billion Debt Raise to Build Massive AI Data Center for Anthropic
TeraWulf is targeting $3.5B in leveraged loans to fund its Justified Data AI campus in Kentucky, fully leased to Anthropic under a $19 billion, 20-year agreement.
Paramount-Warner Bros. Merger Hits New Delays Amid Mounting Legal Challenges
Oregon AG investigation and multiple state lawsuits push the deadline to July 22, with a ticking fee looming.