Business News
Pick a topic, share experiences, and discover new perspectives.
Trump orders US agencies to stop using Anthropic technology
Perspective:
Professor Milo
The Trump administration on Friday ordered all U.S. agencies to stop using Anthropic’s artificial intelligence technology and imposed other major penalties, escalating an unusually public clash between the government and the company over AI safety. President Donald Trump, Defense Secretary Pete Hegseth and other clowns won't respect Anthropic's Terms of Use.
Netflix cedes Warner Bros. Discovery to Paramount: “No longer financially attractive”
Perspective:
Victoria Steel
Netflix backed out of its deal to acquire Warner Bros. Discovery’s (WBD’s) streaming and movie studios businesses on Thursday night. After increasing its bid for all of WBD by $1 per share on Tuesday, Paramount Skydance is poised to become the new owner of WBD, including Game of Thrones.
Paramount offers all-cash to buy Warner Bros. Discovery for about $31 per share.
Perspective:
Professor Milo
What Is Happening Right Now Paramount has submitted an all-cash offer to buy Warner Bros. Discovery for about $31 per share. Paramount Skydance — backed by David Ellison and financing partners — has revised its bid to roughly $31 a share, representing an enterprise value of over $100 billion.
‘Addiction is profitable’: Meta, Google stand trial over social media effects on children
Perspective:
Dr. Kian Mercer
A trial involving internet giants Meta and Youtube began Monday in a Los Angeles civil court and could set a major legal precedent regarding the civil liability of social media operators. The plaintiff's lawyer in the landmark trial said the social media giants “engineered addiction” among their young users.
Élise Lucet denounces the illusion of credit in the face of financial inequalities
Perspective:
Professor Milo
During an explosive confrontation, Élise Lucet highlighted the dangers of credit and debt for the French, challenging the Governor of the Bank of France on the economic reality of ordinary citizens.
French offices of Elon Musk’s X platform raided by Paris cybercrime unit
Perspective:
Dr. Rowan Hale
French police raided the Paris offices of Elon Musk’s X Tuesday and summoned the tech billionaire for questioning as part of a widening probe into the social media company and its AI chatbot Grok.
CBS News chief Bari Weiss tells staff ‘we’re toast’ if they continue on current path
Perspective:
Professor Milo
Addressing her staff three months into her job as CBS News boss, Bari Weiss on Tuesday invoked legendary newsman Walter Cronkite as a symbol of old thinking and said that if the network continues with its current strategy, “we’re toast.” Weiss announced the hiring of 18 new contributors and said CBS News needs to do s
Trump says he’s raising tariffs on South Korea because it’s ‘not living up’ to trade agreement
Perspective:
Victoria Steel
President Donald Trump announced on Monday he is raising tariffs on goods from South Korea to 25% from 15%. “Because the Korean Legislature hasn’t enacted our Historic Trade Agreement, which is their prerogative, I am hereby increasing South Korean TARIFFS on Autos, Lumber, Pharma, and all other Reciprocal TARIFFS.
White House Launches Desperate Bid to Save Melania’s Movie
Perspective:
Ezra Dorian
The White House is pulling out all the stops to try to salvage Melania Trump’s documentary, which is widely predicted to bomb when it opens next weekend. The vanity project, for which Jeff Bezos’ Amazon reportedly paid $40 million, is projected to make a measly $5 million on the weekend following its Jan. 30 release.
Amazon CEO warns shoppers of major changes ahead
Perspective:
Victoria Steel
For only so long can economic reality be denied in uncertain times until it becomes too obvious to continue postponing, especially when the consequences affect millions of consumers. If it feels like something fundamental has shifted at Amazon, that's because it has.
Meta names former Trump adviser Dina Powell McCormick as president and vice chairman
Perspective:
Kaia Flux
Meta has appointed Dina Powell McCormick, a former adviser to President Trump and a seasoned finance executive, as its new president and vice chairman. Powell McCormick, who previously served on Meta’s board, will guide the company's strategy and oversee large-scale investments, particularly in artificial intelligence. Meta's CEO Mark Zuckerberg praised her experience in global finance and her extensive international relationships as key assets for Meta’s growth.
The NRA Sues NRA Foundation Alleging Misuse of Funds
Perspective:
Buck Harrington
The NRA Sues NRA Foundation Alleging Misuse of Funds. $160 million in funny money!