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Longtime Netflix bull Josh Brown said on CNBC Friday afternoon that he has cut his position in the streaming platform by 85% following a $72 billion deal to buy part of Warner Bros. Discovery. The deal, announced Friday, will see Netflix acquire Warner Bros. WBD $27.75 per share movie studio and streaming service. Brown said he still likes the stock, but the fact that this deal could take up to a year to resolve means a big opportunity cost in terms of the loss of other investments. “We can’t sit around for a year and watch this become a political…
Amazon has released a lot of news this week, from advances in its cloud business to questions about its partnership with the U.S. Postal Service, giving investors a lot to understand. At the end of a difficult year, headlines make headlines. The e-commerce and cloud giant’s stock is up 4.6%, compared with 16.4% for the broader S&P 500 index, and far ahead of peer Magnificent Seven. Even though the company has shown renewed growth on AWS and consolidation of its dominant Prime e-commerce ecosystem, investors remain concerned that the company is losing ground in the AI race and could face…
WASHINGTON, DC – Soccer’s governing body has long declared a policy of political neutrality, and players are often fined or suspended by FIFA for displaying political messages.But on Friday, the association’s president, Gianni Infantino, handed US President Donald Trump the first FIFA Peace Prize, further cementing his support for the Republican leader.Recommended stories list of 3 itemsend of listCritics noted that the award came less than 24 hours after the Trump administration conducted another deadly airstrike in the Caribbean.Craig Mokhiver, a former United Nations official who campaigned for Israel to be banned from world soccer because of its genocidal war…
When climatologist Fredrin Tangan looked at a computer weather map and saw three tropical cyclones forming simultaneously across Asia in late November, he first thought of the 2004 disaster movie “The Day After Tomorrow.” This movie goes beyond the realm of reality as three massive storms plunge the Earth into a new ice age. But there was something about the formation of the weather system swirling on screen that made Tangan stand up. They weren’t the strongest storms of the year. But they were “not normal,” said Tangan, professor emeritus at the National University of Malaysia. One of them was…
Football betting experts Jones Knows provide insight across the Premier League weekend card, tipping off the best bets for the 10/1 treble. Aston Villa vs Arsenal, Saturday 12:30pmArsenal’s defensive metrics from set-pieces wobble noticeably without Gabriel in the center of the backline, and those numbers are too noticeable to ignore. In the last 10 Premier League games without the Brazilian, Arsenal have scored seven set-piece goals and forced their opponents to take around three shots per game from dead-ball situations. That’s quite a drop for a team that usually prides itself on control and organization. Use Chrome Browser for a…
Aaru, a startup that uses AI to provide near-instantaneous customer research by simulating user behavior, has raised a Series A led by Redpoint Ventures, according to three people familiar with the deal. The funding round included various evaluation stages, the people said. Some of the shares were acquired at a valuation of $1 billion, but lower valuations from other investors brought the overall valuation below $1 billion, according to people familiar with the deal. While multiple valuations within the same round are rare in venture capital, investors say it’s becoming increasingly common for desirable AI startups in the current market.…
Netlfix and Warner Bros logosReutersof Netflix and warner bros discovery Although the deal closed quickly, the path to regulatory approval may not be as quick. Netflix surprised the media industry on Friday by announcing a proposed $72 billion deal to acquire the iconic Warner Bros. movie studio and streaming service HBO Max. This combination brings together two of the industry’s most popular streaming platforms. The last time Netflix reported on this metric, it reported 300 million global subscribers as of late 2024. HBO Max had 128 million customers as of September 30th. According to data from market intelligence firm Sensor…
The Google LLC logo seen at Google Store Chelsea in Manhattan, New York City, USA on November 17, 2021. Andrew Kelly ReuterA U.S. judge on Friday added new details to remedies resulting from the following events: Google The fallout the company faces after losing last year in an antitrust case has been finalized.In mid-2024, Google was found to have an illegal monopoly in its core market for internet search, and in September of this year, U.S. District Judge Amit Mehta ruled against the most serious consequences proposed by the Justice Department, including forcing the sale of Google’s Chrome browser.However, Google…
US President Donald Trump has won FIFA’s newly created Peace Prize in the 2026 Men’s Soccer World Cup draw.Trump, who has actively promoted the award of the Nobel Peace Prize, on Friday thanked FIFA and called the award “one of the greatest honors of my life.”Recommended stories list of 4 itemsend of listThe US coach was heavily favored to win the soccer governing body’s inaugural award.Trump and FIFA president Gianni Infantino are close allies, and Infantino has said he believes Trump should have won the Nobel Peace Prize for helping broker a ceasefire in Israel’s genocidal war in the Gaza…
McLaren boss Zac Brown says Australian politicians who suggested the team favored Lando Norris over Oscar Piastri this season were “ignorant and uneducated”. Norris heads into this weekend’s title decider in Abu Dhabi with a 12-point lead over Red Bull’s Max Verstappen and a 16-point lead over McLaren teammate Piastri. McLaren’s tactical error at last weekend’s Qatar Grand Prix cost Piastri any chance of victory and left him with a slim chance of winning his first title, but the incident has encouraged Australian supporters who believe the team has backed Norris at various points this year. Allegations of bias against…