Netflix to Acquire Warner Bros. Discovery

Turns out the Albanian army was triumphant as Netflix is buying HBO (and WBD’s studios). The NYT is suing Perplexity. Man, everybody is heading for the exits at Apple at the same time. And get ready for a slew of insider trading controversies in our prediction market world.

• Netflix agrees $83bn takeover of Warner Bros Discovery (FT)
• New York Times Sues A.I. Start-Up Perplexity Over Use of Copyrighted Work (NYTimes)
• X hit with $140 million EU fine for breaching content rules, TikTok settles (Reuters)
• Apple Departures Point to Challenges for iPhone’s Dominance (WSJ)
• Chatbots are now rivaling social networks as a core layer of internet infrastructure (The Decoder)
• Alleged Insider Nets $1 Million On Polymarket In 24 Hours (Forbes)

Weekend Longreads Suggestions:

• 18,000 Reasons It’s So Hard to Build a Chip Factory in America (NYTimes)
• In Arizona Desert, Taiwanese Families Create Community and Build a Factor (NYTimes)
• A Growing U.S. Tech Hub Needs Workers. Colleges Try to Keep Up. (NYTimes)

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