Netflix backs out of bid for Warner Bros. Discovery, giving studios, HBO, and CNN to Ellison-owned Paramount

In a one-two punch of centibillion-dollar offers, the bidding war for Warner Bros. Discovery is over. David Ellison-owned Paramount will acquire Warner Bros. Discovery. Netflix has lost.

Anthropic acquires computer-use AI startup Vercept after Meta poached one of its founders

Seattle-based Vercept developed complex agentic tools, including a computer-use agent that could complete tasks inside applications like a person with a laptop would.

Stripe is reportedly eyeing deal to buy some or all of PayPal

Stripe might be looking to buy PayPal, or parts of it, per early reports.

Activist investor Ancora publicly opposes the WBD-Netflix deal

An investment group is trying to sway Netflix shareholders to reject the WBD deal in favor of Paramount.

Uber to buy delivery arm of Turkey’s Getir

The deal will see Uber paying $335 million at the outset to purchase Getir’s food delivery business. Uber will also pay $100 million for a 15% stake in Getir’s grocery, retail and water delivery business.

Elon Musk’s SpaceX, Tesla, and xAI in talks to merge, according to reports

This merger would bring the Grok chatbot, Starlink satellites, and SpaceX rockets together under one corporation.

Apple buys Israeli startup Q.ai as the AI race heats up

Q.ai is an Israeli startup specializing in imaging and machine learning, particularly technologies that enable devices to interpret whispered speech and enhance audio in noisy environments.

What is Bending Spoons? Everything to know about Eventbrite’s acquirer

Bending Spoons remains largely unknown, even as its portfolio of products has served more than a billion people.

What to know about the landmark Warner Bros. Discovery sale

Learn more about Paramount’s planned acquisition of Warner Bros. Discovery — a historic Hollywood megadeal valued at $111 billion — as it continues to develop.