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[Global Issues] Elon Musk in a Corner…X Loses Advertising Lawsuit, Stills Rolls After Cannabis-Joke Verdict and Layoffs

[Global Issues] Elon Musk in a Corner…X Loses Advertising Lawsuit, Stills Rolls After Cannabis-Joke Verdict and Layoffs

A total loss in the X advertising lawsuit could cut revenue by half… And now, the stock-manipulation jury verdict—read as a jab using a cannabis slang number—plus large-scale layoffs pile on
Elon Musk, Antitrust Lawsuit in Jeopardy…X falls into free fallElon Musk ultimately lost an antitrust lawsuit he filed over a massive advertising boycott triggered after his acquisition of the social media platform X .
| James choi
Warner Bros. Repeatedly Rejects Paramount Acquisition Proposal... Sticks to Netflix Merger

Warner Bros. Repeatedly Rejects Paramount Acquisition Proposal... Sticks to Netflix Merger

"$50 Billion Leveraged Buyout (LBO) Risk"... Maintains $72 Billion Netflix Deal
The board of Warner Bros. Discovery (hereinafter referred to as Warner Bros. ) has once again rejected the revised acquisition proposal from Paramount SkyDance (hereinafter referred to as Paramount), according to major U. S. media reports on the 7th . ⬦ "Acquisitions funded by debt are risky". . .
| 김지민

"Subscription Fees Will Skyrocket"…Class Action Lawsuit Against Netflix-Warner Merger by U.S. Consumers

Filed in California Court…"30% Market Share Monopoly, Competition Will Disappear"
◇ "Subscription Fee Increase is Obvious"…Class Action Lawsuit Filed Against NetflixA consumer lawsuit has been filed to block Netflix's acquisition of Warner Brothers in the U.S. streaming market. Concerns have been raised that if the merger goes through, market competition will weaken and...
| 김지민
Netflix Enters Exclusive Negotiation Period for Warner Acquisition... Antitrust Agencies Monitoring

Netflix Enters Exclusive Negotiation Period for Warner Acquisition... Antitrust Agencies Monitoring

Entered into exclusive contract negotiations, but both antitrust agencies and the film industry express discontent
Netflix has gained an advantage in the competition to acquire Warner Brothers. The media outlet 'The Wrap' reported that Netflix is proceeding with exclusive contract negotiations as it gains an upper hand in the competition to acquire Warner Brothers.
| Seongchan Eol

"Citizens Are Shot Dead..." Tim Cook Faces Backlash After Attending White House Party

On the same day that a citizen was shot dead by border patrol in Minneapolis, big tech leaders including Apple and Amazon attended the premiere of the Melania documentary on the 25th... Criticism of "hypocritical behavior" surges, with signs of an Apple boycott emerging at the celebration of the return of director Brett Ratner, who was ousted due to a sexual scandal.
Apple's CEO Tim Cook faced fierce criticism after attending a lavish premiere at the White House. Despite a civilian death incident caused by law enforcement occurring on the same day, it became known that he was at a celebration for the return of a director who was ousted due to a sexual scandal,...
| Yangsimoh
Paramount Files Lawsuit Against Warner Bros...

Paramount Files Lawsuit Against Warner Bros... "Disclose Netflix Deal Basis"

Proxy Fight Anticipated at Shareholders Meeting... Acquisition Battle Intensifies with Board Reshuffle Attempt
Paramount Skydance (hereinafter referred to as Paramount) has taken strong action in response to Warner Bros. Discovery (hereinafter referred to as Warner Bros. ) rejecting its acquisition proposal, initiating legal measures. ⬦ "Disclose the Basis for the Netflix Deal". . .
| 김지민
Paramount Instead of Netflix? The Warner Acquisition Battle Gaining Momentum with 'Trump's Son-in-Law'

Paramount Instead of Netflix? The Warner Acquisition Battle Gaining Momentum with 'Trump's Son-in-Law'

Warner is also carefully considering the shocking offer of $30 per share
The battle for Warner in Hollywood does not seem to be wrapping up easily.Contrary to recent reports that Netflix is acquiring Warner Brothers, the acquisition process does not appear to be straightforward. According to reports from foreign media on December 9, Warner Brothers is also considering...
| Seongchan Eol
Paramount Declares War with $10.84 Billion 'Money Game'... Hostile M&A Battle with Netflix Over Warner Bros.

Paramount Declares War with $10.84 Billion 'Money Game'... Hostile M&A Battle with Netflix Over Warner Bros.

$30 Per Share 'All-Cash' Bet... 'Super Luxury Coalition' Including Larry Ellison, Middle Eastern Sovereign Funds, and Kushner Capital
Paramount has thrown down the gauntlet, flipping the script on the 'big catch' Warner Bros. Discovery , which Netflix thought it had secured. The largest 'Game of Thrones' in Hollywood history has begun.On the 9th , Paramount, led by David Ellison, officially announced a Hostile Takeover Bid for...
| Yangsimoh