However, the streaming giant is still offering the same $27.75 the companies had agreed on for WBD’s movie studio and streaming assets, and the deal continues to value the company at $82.7 billion.
The funding comes as the startup claims it has scaled ARR to $50 million, and is targeting $100 million by April 2026.
The Model S. The Mach-E. The Ioniq. The… Dolphin Surf? That’s right, friends: There’s a new biggest name in EVs, and it means you might soon be cruising down the highway in the Dolphin Surf. And you might love it. After years of Tesla dominance, a Chinese company called BYD has become the world’s biggest […]
Netflix has updated the acquisition terms for its Warner Bros. Discovery offer to an all-cash deal, replacing its initial $82.7 billion cash and stock agreement. The changes are designed to expedite the sale of WBD studios and streaming businesses, following repeated attempts by rival bidder Paramount to pressure shareholders into accepting its own $108 billion […]
Spotify appears to be working on a novel feature that will allow audiobook listeners to pick up where they left off in the physical book. Android Authority reports that version 9.1.18.282 of the Spotify app includes code references to a Page Match beta feature that can quickly sync audiobooks on the platform with their paper […]
For the first time, Meta’s Oversight Board is looking for specific policy recommendations around disabled accounts.
Microsoft has been testing its ad-supported Xbox Cloud Gaming service over the past few months, as I exclusively revealed in October. Now, the software giant is getting close to testing the free streaming option with Xbox Insiders. Over the weekend, Microsoft updated its Xbox app with loading screens for Xbox Cloud Gaming that mention “1 […]
Sony has announced plans to spin off its TV hardware business, shifting it to a new joint venture with TCL. The two companies have signed a non-binding agreement for Sony’s home entertainment business, with TCL set to hold a 51 percent stake in the new venture, and Sony holding 49 percent. With this partnership, TCL […]
After teasing 10,000mAh and 15,000mAh concept devices, Realme is ready to make those big batteries a reality with the P4 Power, which launches in India on January 29th with a 10,001mAh capacity. Realme says the P4 Power will last for three and a half days of light use, which I can believe – I got […]
Roland now offers a more capable audio mixer for phones and tablets with the launch of the Go:Mixer Studio. The Go:Mixer audio interface lineup has always been a bit limited, better suited for scrappy live streams and capturing quick demos on their phones than professional recording. The Go:Mixer Studio is an attempt to actually reach […]