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Netflix's Warner Bros. acquisition sparks backlash
Netflix's Warner Bros. acquisition sparks backlash
by  AFP

Netflix faced fierce criticism on Friday over its blockbuster deal to acquire Warner Bros., the storied Hollywood studio. The deal's biggest loser may be Warner Bros. competitor Paramount Skydance, the Hollywood studio owned by Larry Ellison, one of the world's richest people and a close ally of US President Donald Trump.

Fresh data show US consumers still strained by inflation
Fresh data show US consumers still strained by inflation
by  AFP

US consumer pricing and sentiment reports released Friday pointed to lingering questions about affordability as the calendar moves towards the peak of the festive season. The data did not significantly move the US stock market on Friday.

Meta partners with news outlets to expand AI content
Meta partners with news outlets to expand AI content
by  AFP

Meta announced Friday it will integrate content from major news organizations into its artificial intelligence assistant to provide Facebook, Instagram and WhatsApp users with real-time information. The announcement comes as artificial intelligence companies, including ChatGPT and Google's Gemini, increasingly move to incorporate live web content and news feeds.

Netflix to buy Warner Bros. Discovery in deal of the decade
Netflix to buy Warner Bros. Discovery in deal of the decade
by  AFP

Streaming giant Netflix said Friday it will buy film and television studio Warner Bros. The parent company of HBO, CNN and the Warner Bros film studio officially put itself up for sale in October after receiving multiple unsolicited offers, setting aside a planned split into two separate entities -- one focused on streaming and studios, the other on traditional cable networks.

Netflix to buy Warner Bros. Discovery for nearly $83 billion
Netflix to buy Warner Bros. Discovery for nearly $83 billion
by  AFP

Streaming giant Netflix has agreed to acquire film and television studio Warner Bros. The acquisition, which gives Netflix access to a vast film catalog as well as the prestigious streaming service HBO Max, is the largest consolidation deal in the entertainment industry since Disney's $71 billion acquisition of Fox in 2019.

German factory orders rise more than expected
German factory orders rise more than expected
by  AFP

German industrial orders rose far more than expected in October, official data showed Friday, raising hopes that a long downturn in Europe's biggest economy may have bottomed out. Domestic orders rose almost 10 percent but foreign orders dropped four percent, highlighting a turbulent geopolitical environment marked by US tariffs.