Author: Press Room

Netflix said on Thursday that it will not match Paramount Skydance’s latest bid for Warner Bros. Discovery, clearing the way for a massive merger that could shake up the entertainment and media industry. Netflix agreed in December to buy part of Warner Bros. Discovery for $27.75 a share, or $82.7 billion. But Paramount Skydance had made a $30 a share all-cash offer to buy all of the company, and on Tuesday raised its offer for Warner Bros. Discovery to $31 a share. Earlier on Thursday, Warner Bros. Discovery’s board of directors notified Netflix that Paramount’s $31 per share offer constituted a “superior proposal”…

Shares of Accenture climbed on Thursday after the consulting giant announced a multi-year partnership with French artificial-intelligence startup Mistral AI.The stock was up about 6% at $202.98 in midday trading. Under the agreement, Accenture will gain access to Mistral AI’s models for use across its consulting and technology services. Financial terms were not disclosed. The companies said Accenture professionals will be able to use tools such as Mistral AI Studio, which allows users to test and refine models before deploying them at scale within business operations.Accenture said the partnership will help it advise clients on how to integrate AI more…

Check out the companies making headlines in after-hours trading. Block — Payment company Block announced on Thursday that it’s letting go of more than 4,000 employees, or about half of its headcount, leading shares to pop 24% in extended trading. Zscaler — Shares of the cloud security company fell nearly 10%. Zscaler’s deferred revenue for the second quarter came in at $2.36 billion, while the StreetAccount consensus sought $2.45 billion. Billings also missed the mark, landing at $819.8 million, while analysts were looking for $893.3 million. Monster Beverage — Shares of the energy drink maker dropped about 3%. Monster Beverage’s…

A young woman who is battling against social media giants took the stand Thursday to testify about her experience using the platforms as she was growing up, saying she was on social media “all day long” as a child.The now 20-year-old, who has been identified in court documents as KGM, says her early use of social media addicted her to the technology and exacerbated depression and suicidal thoughts. Meta and YouTube are the two remaining defendants in the case, which TikTok and Snap have settled.The case, along with two others, has been selected as a bellwether trial, meaning its outcome…

NEWYou can now listen to Fox News articles! The brother of an American citizen killed in a brazen boat clash with Cuban forces says his sibling was consumed by an “obsessive and diabolical” push to free the island and that “no one knew” what he was planning.American citizen Michel Ortega Casanova, who worked as a truck driver, was one of 10 passengers on a Florida-registered boat that allegedly opened fire on Cuban soldiers in an attempt to infiltrate the island.Ortega Casanova, who lived in the U.S. for more than two decades, was one of four killed in the attempt. He…

OpenAI says it is further strengthening its criteria for referring users’ behaviour to law enforcement “based on the Tumbler Ridge tragedy and the Canadian context” and taking other new safety measures after meeting with federal ministers in Ottawa this week. The company behind ChatGPT has faced criticism after it was revealed that the company flagged and banned an account in June 2025 belonging to the shooter who killed eight people in Tumbler Ridge, B.C., more than seven months later. However, the account wasn’t flagged to law enforcement until after the shooting because it was determined there was no “imminent” threat…

West Coast are set to sign East Fremantle star Milan Murdock as soon as today as they look to fill the final list spot ahead of the pre-season supplemental selection period deadline.

COLLECTIVE GLOBAL HEALTH SECURITYSo the real defence starts overseas, in countries where the virus is endemic. Early detection and containment of Nipah virus outbreaks requires resource-intensive surveillance systems. So more financial, technical and other support could be provided to countries that bear this upstream burden to prevent cross-border spread.Countries that detect and transparently report outbreaks under the WHO International Health Regulations should be supported and not just penalised, especially when blunt border measures may not reduce the risk of virus importation.Singapore is well prepared given our strong surveillance system, robust infection control practices in healthcare facilities, and the recent establishment of…

After spending decades criticising China, a succession of leaders from Western countries have been lining up to engage with its leadership.In recent months, many of them have visited Beijing, seeking business opportunities.German Chancellor Friedrich Merz is the latest to land in China.Merz says Beijing must not be overlooked when tackling the big global challenges.United States President Donald Trump’s huge tariffs are said to have pushed Western countries closer to China.But can China be an alternative?And what does it have to offer?Presenter: James BaysGuests:Jost Wubbeke – Managing partner at Sinolytics and an expert on China’s industrial policy, rare earths and supply…

New York City Mayor Zohran Mamdani traveled to Washington, D.C., Thursday to meet with President Trump, with a proposal to build more city housing on the agenda.It’s at least the second time the two have met at the White House. Their first meeting, prior to Mamdani’s swearing in, was marked by a friendly and cooperative tone that surprised many observers. The two have since kept in touch. The meeting comes on the heels of the president speaking about Mamdani during the State of the Union, calling him a “nice guy.” The meeting also came the same day ICE agents detained a Columbia University…