Ted Sarandos and Greg Peters withdraw Netflix from Warner Bros bidding war as Paramount offers $111 billion
Netflix has withdrawn its bid for Warner Bros., stating that matching Paramount’s $111 billion offer is no longer financially attractive.
Business
Sam Altman leads OpenAI to $730 billion valuation after massive $110 billion investment from Amazon and Nvidia
OpenAI has secured $110 billion in a new funding round led by Amazon, Nvidia, and SoftBank, reaching a pre-money valuation of $730 billion.
Binance denies retaliating against staff in Binance Iran sanctions investigation
Binance has rejected allegations that it retaliated against internal investigators who flagged approximately $1.7 billion in cryptocurrency transfers linked to Iranian networks.