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NEW YORK (AP) — Warner Bros. is telling shareholders of the company that it believes a $72 billion buyout offer from Netflix is superior, and to reject a hostile takeover bid from Paramount Skydance. Paramount went hostile with its bid last week, asking shareholders to reject the deal with Netflix favored by the board of Warner Bros.Paramount is offering $30 per Warner share, or $77.9 billion, to Netflix’s $27.75 per share. A Warner Bros. merger with either company would alter the landscape in Hollywood and will face intense scrutiny from U.S. regulators as it would impact movie making, consumer streaming…
Authorities are searching for a suspect in the killing of Nuno F.G. Loureiro, a prominent physics professor at the Massachusetts Institute of Technology, who was shot at his home near Boston. The 47-year-old professor from Portugal was shot Monday night and died Tuesday at a local hospital.Authorities have not provided any details about a possible motive in the killing or any other details. No suspects were in custody as of Wednesday morning, the Norfolk District Attorney’s Office said.The shooting in Brookline, Massachusetts, took place just days after a deadly shooting at another prestigious school in the region, Brown University, where…
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WASHINGTON (AP) — Four centrist Republicans broke with Speaker Mike Johnson on Wednesday and signed onto a Democratic-led petition that will force a House vote on extending for three years an enhanced pandemic-era subsidy that lowers health insurance costs for millions of Americans.The stunning move comes after House Republican leaders pushed ahead with a health care bill that does not address the soaring monthly premiums that millions of people will soon endure when the tax credits for those who buy insurance through the Affordable Care Act expire at year’s end.Democrats led by Minority Leader Hakeem Jeffries of New York needed…
Underwater autonomous vessels and robots could play a substantial role in defense operations, but submersibles have historically had trouble communicating across large distances unless they rose to the surface. But coming up to transmit poses the very obvious risk of being exposed. Skana Robotics thinks it’s made a breakthrough with underwater communications using AI — but not the large language models the industry touts today. Tel Aviv-based Skana has developed a new capability for its fleet management software system, SeaSphere, that allows groups of vessels to communicate with each other underwater across long distances using AI. The system allows vessels…
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LONDON (AP) — Anthony Joshua losing to Jake Paul would be “an absolute disaster and awfully embarrassing,” the British fighter’s promoter said Wednesday.Writing in a column for the BBC, Eddie Hearn said it was “crazy” that Joshua — a former two-time world heavyweight champion and Olympic gold medalist — was getting in the ring with Paul, a YouTuber-turned-boxer who is facing easily his biggest challenge yet. Yet Hearn said this is part of a strategy to reignite the 36-year-old Joshua’s career, while also giving him “one of his career-high paydays” for an eight-round bout on Friday that will be shown…
Kyiv, Ukraine – Back in the 1990s, China’s nascent capitalism triggered demand for Ukrainian steel slabs and iron ore, corn and sunflower oil.However, the most prized export items from impoverished Ukraine were the Soviet-era arsenal of weapons it did not think it needed any more.Recommended Stories list of 4 itemsend of listKyiv sold Beijing aerospace components, helicopter and tank engines, and technology transfers for the manufacturing of radars, naval gas turbines and jet engines, helping to reshape China’s defence industry.It even admitted to illegally shipping six nuclear-capable Kh-55 cruise missiles.The pinnacle of military-industrial exports was the 1998 sale of the…
BRUSSELS (AP) — Italy signaled on Wednesday that it might not support a massive transatlantic free trade deal between the European Union and South American countries, casting further doubt on the agreement as European leaders gather for a summit in Brussels and farmers enraged by the trade pact descend on the capital.Premier Giorgia Meloni told Italian parliament on Wednesday that signing the deal between the EU and the five active Mercosur countries — Brazil, Argentina, Uruguay, Paraguay and Bolivia — would depend on key changes to the accord. Meloni said that signing the agreement in the coming days “would be…
Google’s vibe-coding tool, Opal, is making its way to Gemini. The company on Wednesday said it is integrating the tool, which lets you build AI-powered mini apps, inside the Gemini web app, allowing users to create their own custom apps, which Google calls Gems. Introduced in 2024, Gems are customized versions of Gemini designed for specific tasks or scenarios. For instance, some of Google’s pre-made Gems include a learning coach, a brainstorming assistant, a career guide, a coding partner, and an editor. Opal, meanwhile, focuses on helping users create mini-apps or mix existing apps. To use the feature, users describe…