Netflix has strengthened its $82.7bn (£61.5bn) takeover bid for Warner Bros Discovery by switching to an all-cash offer, aiming to speed up approval and block a rival move from Paramount Skydance. The revised deal keeps the valuation at $27.75 per share but removes shares from the structure, giving investors more certainty and potentially allowing a shareholder vote as early as April. Netflix said WBD shareholders would also receive shares in a spun-off global networks business, including CNN and Discovery Channel. Paramount is pursuing a larger $108.4bn hostile bid and has tried to undermine the Netflix agreement through legal action and…
Author: Andrew Rogers
Andrew Rogers
Andrew Rogers is a freelance journalist based in the USA, with over 10 years of experience covering Politics, World Affairs, Business, Health, Technology, Finance, Lifestyle, and Culture. He earned his degree in Journalism from the University of Florida. Throughout his career, he has contributed to outlets such as The New York Times, CNN, and Reuters. Known for his clear reporting and in-depth analysis, Andrew delivers accurate and timely news that keeps readers informed on both national and international developments.
Scientists have developed a DNA blood test that can predict how well breast cancer patients will respond to treatment. The test analyses circulating tumour DNA in the blood, released by cancer cells, and provides early insight into treatment effectiveness. In a study of 167 patients with advanced breast cancer, low or undetectable levels of tumour DNA before treatment, or after four weeks, were strongly linked to better outcomes. Patients with lower levels experienced longer periods without disease progression and higher response rates. The findings suggest doctors could identify ineffective treatments much earlier and switch patients to better options, improving outcomes…
New economic indicators show continued progress in key areas of the U.S. economy. Recent data released by the White House point to steady gains in manufacturing jobs, stronger trade performance, and expanded family support programs. Together, these trends suggest growing momentum in areas that often receive bipartisan support. Manufacturing employment has shown clear improvement over the past year. More factories have increased hiring, and job growth has spread across several regions. Officials say this reflects renewed demand for domestically made goods and stronger investment in production facilities. Manufacturing remains a critical part of the economy, especially in states that depend…
Newcastle United lacked creativity and cutting edge in a drab 0-0 draw at Wolverhampton Wanderers. Despite controlling possession, Newcastle failed to test the defence or goalkeeper with meaningful chances. Wolves stayed organised, defended deep, and countered sparingly but effectively. Eddie Howe admitted quality was missing in attack. Rob Edwards praised his side’s resilience and growing belief. The stalemate left Newcastle frustrated and Wolves satisfied with steady progress.
Nvidia’s plans to ship its H200 artificial intelligence chips to China have been disrupted after Chinese customs officials blocked the processors from entering the country, according to reports. Parts suppliers have reportedly paused production as uncertainty grows over whether the move is a temporary restriction or an outright ban. The H200 chips had been cleared for export by the United States, but Chinese authorities have warned domestic firms against buying them without clear necessity. The situation is further complicated by US rules requiring the chips to pass through American testing facilities, triggering a 25% tariff. Analysts say the standoff reflects…
A controversial US-funded study on hepatitis B vaccines among newborns in Guinea-Bissau has been cancelled following widespread criticism over its ethics. The $1.6m trial, overseen by the US Department of Health and Human Services under Robert F Kennedy Jr, was accused of withholding proven vaccines from thousands of infants in a country with a high hepatitis B burden. Yap Boum, a senior official at the Africa Centres for Disease Control and Prevention, confirmed the cancellation, citing serious concerns about the study’s design. While Guinea-Bissau officials initially suggested the trial could be redesigned, a senior government official later confirmed it had…
West Ham United are willing to sell Lucas Paquetá this month only if the transfer includes a loan back for the rest of the season, a condition resisted by Flamengo. The Brazilian club have had a €35m bid rejected and may raise their offer to €40m, but believe they could sign Paquetá more cheaply in the summer without a loan arrangement. Paquetá wants to return to Brazil after a difficult spell in England following spot-fixing allegations, which he was cleared of last year but which cost him a move to Manchester City. West Ham, struggling near the relegation zone, fear…
OpenAI has signed a major $10 billion AI infrastructure deal with chip maker Cerebras. The agreement gives OpenAI access to up to 750 MW of compute power over multiple years. The move is aimed at boosting the performance of OpenAI’s AI models and enhancing overall system capabilities. The deal is one of the largest AI hardware agreements to date. OpenAI will use the high-powered computing resources to train and run advanced AI models more efficiently. This will help the company deliver faster and more capable AI applications across research and commercial products. Cerebras, known for its specialized AI chips and wafer-scale engines,…
BP has warned it will write down between $4bn and $5bn from its green and low-carbon energy businesses as it refocuses on fossil fuels under new chair Albert Manifold. The writedown will mainly affect BP’s gas and transition divisions but is not expected to impact underlying profits when full-year results are published in February. The move reflects BP’s retreat from parts of its renewable strategy, including efforts to sell a stake in its solar arm Lightsource and the cancellation of hydrogen projects in the UK, Oman and Australia. BP shares dipped after the announcement, alongside news that oil trading weakened…
Diageo is reportedly considering selling its Chinese assets as part of a portfolio review under new chief executive Dave Lewis. The owner of Guinness and Johnnie Walker has enlisted Goldman Sachs and UBS to assess its operations in China, where sales have been declining, according to Bloomberg. Diageo’s holdings include a majority stake in Sichuan Swellfun, a Shanghai-listed producer and distributor of baijiu, whose shares have fallen sharply over the past year. Lewis, who took over on 1 January after leading turnarounds at Unilever and Tesco, is known for aggressive cost-cutting and asset sales. Diageo has already begun reshaping its…
