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Warner Bros. Is Said to Begin Exclusive Deal Talks With Netflix
Warner Bros. Discovery Inc. has entered exclusive negotiations to sell its film and TV studios and HBO Max streaming service to Netflix Inc., according to people familiar with the discussions. The two companies could announce a deal as soon as in the coming days, assuming talks don’t fall apart, the people said. Bloomberg’s Manuel Baigorri breaks down the situation.
Netflix to acquire Warner Bros. in a disruptive deal valued at $82.7B
Netflix Inc. agreed to buy Warner Bros. Discovery Inc. in a historic combination, joining the world’s dominant paid streaming service with one of Hollywood’s oldest and most revered studios.
How would the Netflix-Warner Bros. deal reshape Hollywood?
Finalizing the deal between Netflix and Warner Bros. Discovery will be a longer and bigger fight than Game of Thrones, says Jon Klein, co-founder of Hang Media. The former head of CNN discusses the challenges facing the tie-up and the competition Netflix faces from YouTube and the creator economy. He speaks with Caroline Hyde and Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)
Exclusive: Sierra co-founder sees an AI bubble — but there will be winners
Sierra co-founder Bret Taylor said the artificial intelligence boom "probably is a bubble" at Axios' AI+ Summit in San Francisco Tuesday, but like the 1990s dot-com bubble, that depends on how you're invested. The big picture: As the industry barrels forward, concerns about circular financing and valuation continue to fuel fears of about how the market would be rocked if the AI bubble pops. Driving the news: But Taylor told Axios' Ina Fried "it would be a mistake to dismiss it as snake oil." "If you invested in Amazon.com, your perspective on the dot-com bubble is very different than you were all-in on Buy.com," an e-commerce company whose rise and fall was symbolic of the era. The original dot-com bubble — which peaked in March 2000 — burst with a slow-moving crash. What they're saying...
At least 80 new tech unicorns were minted in 2025 so far
Using data from Crunchbase and PitchBook, TechCrunch tracked down the VC-backed startups that became unicorns so far this year.
The Download: LLM confessions, and tapping into geothermal hot spots
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. AI chatbots can sway voters better than political advertisements The news: Chatting with a politically biased AI model is more effective than political ads at nudging both Democrats and Republicans to support presidential candidates…
Activist Barington Targets Bill Holdings, Pushes for Sale
Activist investor Barington Capital Group has taken a stake in business payments firm Bill Holdings Inc., joining Elliott Investment Management and Starboard Value LP, and is urging the company’s board to explore a sale.
Plus VC Targets 40 Startup Deals in 2026 as Saudi Pipeline Grows
Early-stage investor Plus VC plans to fund more than three dozen startups in 2026, with a view toward deals in Saudi Arabia as the country cements its position as a regional venture capital hub.
Kalshi Secures $1B To Expand Predictions Market Platform
New York-based Kalshi today announced it raised $1 billion in Series E funding at an $11 billion valuation. Crypto-focused investment firm Paradigm led the financing with a host of well-known investors also participating.
At least 80 new tech unicorns were minted in 2025 so far
Using data from Crunchbase and PitchBook, TechCrunch tracked down the VC-backed startups that became unicorns so far this year.
Rebound in Global Tech Stocks Extends, Lifting Markets in Asia
A rebound in global AI-related stocks continued, while U.S. markets were closed for Thanksgiving.