Kalakshar US

Warner Bros. Discovery’s board has formally rejected the $108 billion takeover bid from Paramount Skydance, the company announced. WBD said it remains committed to its $82.7 billion deal with Netflix, which would close some time next year, pending regulatory approval. 

“[The board] has unanimously determined that the tender offer launched by Paramount Skydance on December 8, 2025 is not in the best interests of WBD and its shareholders and does not meet the criteria of a “Superior Proposal” under the terms of WBD’s merger agreement with Netflix announced on December 5, 2025,” the studio said in the press release. 

Paramount’s offer was funded in part by sovereign wealth funds from Saudi Arabia, Qatar and Abu Dhabi, so it could have triggered a national security review by the US government. However, Paramount said that even if those entities dropped out, the company’s owners (the Ellisons) would “backstop the full amount of the bid.”

However, the board said that Paramount “has consistently misled WBD shareholders that its proposed transaction has a ‘full backstop’ from the Ellison family. It does not, and never has,” adding that “the terms of the Netflix merger are superior.” WBD explained that Paramount is relying on an “opaque revocable trust” for said backstop which is “no replacement for a secured commitment by a controlling shareholder.” WBD’s board also noted that Paramount expects to achieve $9 billion in cost synergies from the merger, and that “would make Hollywood weaker, not stronger.” 

In a statement, Netflix co-CEO Ted Sarandos said that “the Warner Bros. Discovery board reinforced that Netflix’s merger agreement is superior and that our acquisition is in the best interest of stockholders. This was a competitive process that delivered the best outcome for consumers, creators, stockholders and the broader entertainment industry.”

Paramount has yet to comment, but the company has previously said that its $30 per share offer is a better deal, due to the all-cash nature (compared to 84 percent cash for Netflix) and fact that it would have a clearer path to regulatory approval due to the Ellison’s supposedly tight relationship with President Trump. 

This article originally appeared on Engadget at https://www.engadget.com/entertainment/warner-bros-discovery-rejects-paramounts-hostile-bid-131055882.html?src=rss 

Amazon is in discussions with OpenAI to invest $10 billion in the company while supplying more of its AI chips and cloud computing services, according to The Financial Times. The deal would push OpenAI’s valuation over $500 billion but is likely to raise more questions about the company’s circular investment agreements involving chips and data centers. 

The two companies are also in talks about the possibility of OpenAI helping Amazon with its online marketplace, similar to deals it has made with Etsy, Shopify and Instacart. However, any agreement still wouldn’t allow Amazon to market OpenAI’s most advanced models on its developer cloud platform, as Microsoft holds the exclusive rights to those until the 2030s. 

OpenAI recently restructured its agreement with Microsoft to allow it to use data center capacity from other suppliers. Around the same time, it made a string of deals with NVIDIA, Oracle, AMD and others to build out data center capacity and acquire or rent AI chips. 

The new deal would require OpenAI to use Amazon’s Trainium AI chips and rent more data center capacity from Amazon Web Services (AWS). That’s on top of the $38 billion that OpenAI has already committed to renting servers from AWS over the next seven years. 

These deals have sounded alarms among investors considering their circular nature. In many of those, including this latest Amazon deal, OpenAI is taking investment money and then sending that cash back to the same company for infrastructure or chips. And the amounts are staggering, with just two companies, Softbank and Oracle, spending a combined $400 billion on new data centers for OpenAI’s compute needs. And so far, OpenAI has lost more money than it makes. 

This article originally appeared on Engadget at https://www.engadget.com/ai/amazon-in-talks-to-invest-10-billion-in-openai-and-supply-its-trainium-chips-103653151.html?src=rss 

Tesla’s sales in California should be suspended for 30 days because its marketing around Autopilot and Full Self-Driving misled consumers, a California administrative law judge has ruled. Back in 2022, the California DMV accused the automaker of using deceptive language to advertise those products and making it seem like its vehicles are capable of level 5 autonomous driving. Tesla has since added the word “Supervised” to the name of its Full Self-Driving assistance technology.

As Bloomberg notes, the DMV asked the administrative law judge if a suspension is warranted based on the evidence it presented. Even though the judge has agreed that it is, the agency will give Tesla 90 days to explain its side and remove any untrue or misleading language in the marketing materials for the products. Tesla’s sales and manufacturing in California will only be suspended if it doesn’t comply within that timeframe.

“We’re really asking Tesla to do their job, as they’ve done in other markets, to properly brand these vehicles,” said California DMV director, Steve Gordon, in a statement.

A suspension in California could be devastating for the automaker. While new Tesla registrations in the state plummeted earlier this year, Reuters says California accounts for nearly a third of the company’s sales in the country. In addition, Tesla only manufactures its Model S and X vehicles in its Fremont plant, where it also produces Model 3 and Model Y units.

This article originally appeared on Engadget at https://www.engadget.com/transportation/evs/tesla-used-deceptive-language-to-market-autopilot-california-judge-rules-035826786.html?src=rss 

Despite changing its name and using decidedly bird-free branding, X is trying to hold on to its original Twitter trademarks, TechCrunch reports. The xAI-owned social media platform has updated its terms of service to include references to Twitter after previously only mentioning X, and seemingly attempted to counter a startup’s petition to cancel the company’s Twitter trademarks with a petition of its own.

The startup X appears to be responding to is Operation Bluebird, a company cofounded by former Twitter general counsel Stephen Coates that went public last week with plans to capture what remains of Twitter for its own use. The first step in that process was filing a petition with the US Patents and Trademark Office to cancel X’s control of Twitter’s trademarks.

“The TWITTER and TWEET brands have been eradicated from X Corp.’s products, services and marketing, effectively abandoning the storied brand, with no intention to resume use of the mark,” Operation Bluebird explained in the petition. “Petitioner seeks to use and register the TWITTER and TWEET brands for new products and services, including a social media platform that will be located at the website twitter.new.”

In fairness to Operation Bluebird, Elon Musk was very open about his plan to abandon the Twitter name and bird logo after he acquired the company in 2022. “And soon we shall bid adieu to the twitter brand and, gradually, all the birds,” Musk posted in July 2022, not long before Twitter was rebranded to X. Even after the platform rebranded, though, at least one remnant of the original Twitter brand has stuck around: Twitter.com still redirects to X.com.

The updated terms of service TechCrunch spotted now say that as of January 16, 2025, “nothing in the Terms gives you a right to use the X name or Twitter name or any of the X or Twitter trademarks, logos, domain names, other distinctive brand features, and other proprietary rights, and you may not do so without our express written consent.” The company’s counterpetition also reiterates that the Twitter trademarks are X’s “exclusive property.”

Engadget has contacted Operation Bluebird for a response to X’s petition. We’ll update this article if we hear back.

At the time of writing, Operation Bluebird has convinced over 145,200 people to claim a handle on the company’s new social platform. Maybe X sees that early interest as a threat, but it’s just as possible Operation Bluebird’s public comments were enough to tip the company off so it could try to hold on to trademarks it clearly believes still hold some value.

This article originally appeared on Engadget at https://www.engadget.com/social-media/x-was-spooked-enough-by-new-twitter-to-change-its-terms-of-service-231138305.html?src=rss 

As part of its last Xbox-focused software update of the year, Microsoft is improving the Bluetooth performance of the Xbox Wireless Headset to make it work even better with Windows 11. Microsoft released the latest Wireless Headset as an accessory for Xbox Series X/S and PC, but as of this update, Xbox Wireless Headset owners on Windows will now have a leg up on their console counterparts thanks to support for Bluetooth Low Energy (LE) Audio.

Microsoft says that supporting Bluetooth LE Audio will let the headset offer lower latency audio, better battery life, richer stereo sound and the ability to share audio across multiple compatible Bluetooth accessories at the same time. Not revolutionary updates, but still nice to have if you bought a $110 Xbox Wireless Headset back in 2024. Provided you’re running the latest version of Windows 11 and your device supports Bluetooth LE, Microsoft says you can take advantage of the improvements by updating your headset in the Xbox Accessories app.

If you’re a regular user of the Xbox mobile app, Microsoft is also making some changes there. After adding the ability to purchase Xbox games directly from the app in April — a feature made possible after Google and Apple were forced to change the rules of their app stores — Microsoft is now adding a dedicated Store tab to the app. You’ll also be able to add games to your wishlist and search for add-ons and DLC directly in the app.

Microsoft ending the year with Windows and mobile app updates reflects the ways the company’s gaming strategy has changed in 2025. After spending decades positioning itself as a console maker, Microsoft is seemingly making Xbox software its main focus going forward.

This article originally appeared on Engadget at https://www.engadget.com/gaming/xbox/the-last-xbox-update-of-2025-includes-a-handy-wireless-headset-upgrade-204500386.html?src=rss 

If you’re looking for something to watch during a holiday break from work or school, you can’t go wrong with anime, and right now you can sign-up for a year of Crunchyroll for as low as $65. Holiday discounts running through December 29 bring the anime streaming service’s year-long Fan subscription from $80 down to $67 and its Mega Fan subscription from $120 down to $100. That’s either $13 or $20 off access to one of the largest libraries of anime series and movies out there.

While both the Fan and Mega Fan plans are ad-free, you do get some different benefits depending on which you decide to pay for. Fan subscribers get full access to Crunchyroll’s library, new episodes “shortly after they air in Japan” and five percent off select purchases in the Crunchyroll Store. Mega Fan subscribers get all those benefits, plus the ability to stream on four devices at the same time, download HD quality episodes and movies to view offline, play games from the Crunchyroll Game Vault and receive 10 percent off select products in the Crunchyroll Store.

Notably missing from either subscription is access to Crunchyroll’s new Manga service, but unless you’re specifically looking for reading material, you’ll get plenty of entertainment out of Crunchyroll’s video library. Outside of Netflix, which produces and licenses its own growing collection of anime, Crunchyroll is the de facto place to watch Japanese animation in the US. You’ll find long-running series like One Piece and newer hits like Spy X Family, alongside hundreds of more niche series.

Crunchyroll has its issues, of course. Since the streaming service was acquired by Sony, it’s been particularly interested in using generative AI to subtitle shows, which has already produced poor results. It’s hard to beat Crunchyroll’s library, though, and for as little as $65, you’ll get more than your money’s worth.

Check out our coverage of the best streaming deals for more discounts, and follow @EngadgetDeals on X for the latest tech deals and buying advice.

This article originally appeared on Engadget at https://www.engadget.com/entertainment/streaming/crunchyroll-annual-subscriptions-are-on-sale-for-the-holidays-194345327.html?src=rss