Warner Bros. urges shareholders to reject Paramount’s amended takeover bid
Warner Bros. Discovery’s board told shareholders Paramount’s amended offer was inferior to Netflix’s takeover bid.
Siladitya Ray, Forbes Staff
Tesla is no longer world’s biggest EV maker
Tesla ceded the crown of the world’s biggest EV maker to Chinese rival BYD for the first time.
Musk signals reports of SpaceX planning an IPO next year are ‘accurate’
The billionaire’s X post about SpaceX going public comes a few days after reports of the rocket company’s recent private market offerings and 2026 IPO plans.
Netflix to acquire Warner Bros. in $83 billion deal
Netflix beat out smaller bids from Paramount and Comcast.
Crypto slide continues as Bitcoin drops below $82,000—lowest level since mid-April
Bitcoin’s month-long selloff has wiped a large portion of the gains it made since November last year, after President Donald Trump’s election win.
Former Vice President Dick Cheney Dies At 84
Cheney, who served under President George W. Bush, is widely considered to be the most powerful vice president in U.S. history.
Trump says he’ll allow China-Nvidia deals except for ‘most advanced’ Blackwell chips
Trump said Nvidia’s most advanced AI chips will not be sold to China, a few days after he signaled he would be willing to discuss export controls on them with Xi Jinping.
Bernard Arnault’s fortune up $19 billion as LVMH earnings boost stock
The stock surge also pushes LVMH’s market cap to €304.89—making it Europe’s second most valuable company by market cap.
Hamas releases all 20 surviving hostages under Gaza ceasefire deal
Hamas has released all 20 living hostages in its custody as part of a ceasefire deal brokered by President Donald Trump who arrived in Israel on Monday.
AMD shares surge 30% after multibillion-dollar deal with OpenAI
OpenAI has agreed to purchase and deploy 6 gigawatt worth of AMD’s AI chips.