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Paramount has been none too pleased about Netflix striking an $82.7 billion deal to buy much of Warner Bros. Discovery (WBD). Now, Paramount is making a hostile takeover bid for WBD. It's making its pitch directly to WBD shareholders with an all-cash offer of $30 per share that expires on January 8.
Late last week, the WBD board unanimously accepted Netflix's offer of $27.75 per share. That breaks down to $23.25 per share in cash and another $4.50 per share in Netflix stock. Netflix's overall bid is valued at $82.7 billion, while Paramount's totals $108.4 billion.
There's a key difference when it comes to the Paramount offer, as it's for all of WBD. The latter is scheduled to split into two companies next year. Netflix only wants the Streaming and Studios side of WBD's business, which includes HBO Max and the Warner Bros. film, TV and game studios.
Paramount is after the whole shebang, including WBD's cable channels (Global Networks). "WBD's Board of Directors recommendation of the Netflix transaction over Paramount's offer is based on an illusory prospective valuation of Global Networks that is unsupported by the business fundamentals and encumbered by high levels of financial leverage assigned to the entity," Paramount said
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The Xreal-made hardware is one element of a three-part launch next year with Warby Parker and Gentle Monster, and lots of upgrades coming to Galaxy XR.
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Apple Wallet car key support is coming to Rivian's second-generation R1S and R1T electric vehicles with a 2025.46 software update later this month, according to the company's software chief Wassym Bensaid. He did not provide a specific date.
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Australia's new social media law goes into effect on December 10, 2025, and ahead of that date, Apple is sharing information on developer tools that are designed to help social media apps adhere to the law.
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NEW RESOURCES Times of India: 41 years On: Bhopal gas tragedy documented online by Sambhavna Trust. "The Sambhavna Trust Clinic that has been providing free medical care to the survivors of the […]
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The LG UltraGear 27GS60QC-B is a stunning 27-inch display that delivers exceptional performance you can rely on. It has a crisp "sweet spot" 2560×1440 native resolution, which is great whether you're gaming or streaming Netflix. Add in the fast 180Hz refresh rate and 1ms response time and you have a liquidy smooth visual experience that's lag-free even during the most action-packed scenes and games.
This monitor has a nice 1000R curvature that bends around your vision, easing eye fatigue and making for more comfortable sessions whether you're gaming, tackling work projects, or just mindlessly browsing the web and doomscrolling on social media. Other nice features include HDR10, AMD FreeSync, and a sleek "borderless" bezel. It also has both DisplayPort and double HDMI ports, plus a 3.5mm audio jack.
Right now, you can grab this 27-inch 1440p gaming monitor for just $169.99, and that's an excellent deal for an LG display with these specs, so don't wait and miss this opportunity.
That's a stellar deal for a curved 27-inch 1440p 180Hz monitorBuy this LG monitor on Amazon
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