Netflix backs out of Warner Bros. Discovery bidding war

Engadget : Business

For anyone who has been following the soap opera unfolding between Netflix and Paramount Skydance over the past few months in their financial brinksmanship to acquire Warner Bros. Discovery, the saga may be nearing its end.

CEO Jack Dorsey issues a dire warning about AI's impact as he cuts Block by almost half

Tech Insider : Economy, Technology, Business
Block CEO Jack Dorsey.
Block CEO Jack Dorsey.

Joe Raedle/Getty Images

Netflix drops out of the WBD bidding war, paving the way for David Ellison's Paramount to buy it

Tech Insider : Business
WBD Sarandos
Warner Bros. has been the subject of a monthslong tug-of-war between Paramount and Netflix, which is led by co-CEO Ted Sarandos.

Mario Tama/Getty Images; Chris Pizzello/AP

This lifetime Microsoft deal could be a game-changing upgrade for your Mac

Mashable : Business, Style
Tech on desk

TL;DR: Upgrade your Mac with this

Block, the parent of Square and Cash App, is laying off over 4,000 people

Engadget : Business

Block is the latest business to announce layoffs, with the operator of payment platforms Square and Cash App opting to cut jobs in favor of using more AI tools.

They were about to shut down their business. Then a raw TikTok changed everything.

Tech Insider : Business, Style
Portrait of ChocboxLA founders Brittany and Kevin.
Brittany Nemandoust, the founder of Chocbox, and her husband, Kevin.

Ethan Noah Roy for BI

A man paid $200.57 for one night at a famous NYC hotel, then lived there rent-free for years. Now he could go to jail.

Tech Insider : Business
The New Yorker Hotel, center, is seen in New York.
The New Yorker Hotel, center, is seen in New York.

Associated Press

Jack Dorsey says he's cutting nearly half of his staff — 4,000 jobs — at Block. Read the memo.

Tech Insider : Business
Jack Dorsey, CEO of Block, at the Bitcoin 2021 Conference.
Jack Dorsey used Goose, Block's AI code editing tool, while creating his Bluetooth mesh messaging app Bitchat.

MARCO BELLO/AFP via Getty Images

Warner Bros. Discovery's board says Paramount's latest offer is better than Netflix's. Here's what happens next.

Tech Insider : Business
WBD Ellison
Warner Bros. Discovery's board of directors just said that David Ellison's Paramount Skydance has made a better offer than Netflix.

Aleksander Kalka/NurPhoto via Getty Images; Kristina Bumphrey/Variety via Getty Images

Meta sues advertisers in Brazil and China over 'celeb bait' scams

Engadget : Business

Meta has sued the people and groups behind three scam operations that used images and deepfakes of celebrities to lure users to scam websites. According to the company, the three entities were based in China and Brazil and targeted people in the US, Japan and other countries. The ads promoted fraudulent investment schemes and fake health products.

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