Defense secretary Pete Hegseth designates Anthropic a supply chain risk

US President Donald Trump (R) looks on as US Secretary of Defense Pete Hegseth speaks to the press following US military actions in Venezuela | AFP via Getty Images Nearly two hours after President Donald Trump announced on Truth Social that he was banning Anthropic products from the federal government, Secretary of Defense Pete Hegseth … Read more

Warner Bros. Discovery agrees to $110 billion Paramount merger

Warner Bros. Discovery and Paramount Skydance’s merger agreement is now official. On Friday, the two companies announced plans to merge into a massive media company that will fold WBD’s studio, linear channels, streaming service, and gaming segment into Paramount. Though WBD initially signed onto an $83 billion agreement to merge part of Warner Bros. with … Read more

Anthropic refuses Pentagon’s new terms, standing firm on lethal autonomous weapons and mass surveillance

Less than 24 hours before the deadline in an ultimatum issued by the Pentagon, Anthropic has refused the Department of Defense’s demands for unrestricted access to its AI. It’s the culmination of a dramatic exchange of public statements, social media posts, and behind-the-scenes negotiations, coming down to Defense Secretary Pete Hegseth’s desire to renegotiate all … Read more

Netflix walks away from its deal to buy Warner Bros. after Paramount came back with a better offer

Netflix has dropped its $83 billion deal to acquire the Warner Bros. studio, HBO, and its streaming service HBO Max. In an announcement on Thursday, co-CEOs Ted Sarandos and Greg Peters say the streamer is “declining to match” the new bid made by Paramount: The transaction we negotiated would have created shareholder value with a … Read more