Paramount Skydance finally outbid the streamer this week by offering Warner Bros. Discovery $31 a share, at a total of $111 billion, for everything in its corporate portfolio-and it would not get a financial counter from Netflix in turn. WBD's directors still have to formally accept this outcome, but Paramount Skydance CEO David Ellison, and his superwealthy father, Larry, have won.
That's where Jamie Dimon, the CEO of JPMorganChase, has erected a $3 billion altar to capital that lords it over the Manhattan skyline with a nightly light show a quarter-mile above the street. This is a building that isn't shy about its brawn; it reminds both users and passersby that the world it occupies isn't built only on intangible bits of memory, ephemeral shares, credit, and cybercurrency, but also out of thick, hard, heavy metal and stone.
Is the UK truly becoming an AI hub as US tech giants pour in billions? A multibillion-dollar deal is being hailed as proof that Britain is becoming a global hub for artificial intelligence, with major United States tech companies investing heavily. But the reality is a little less straightforward. On today's show, we ask: how much power, and how much of your personal data, are you willing to hand over to tech companies?
The human condition includes a vast array of unavoidable misfortunes. But what about the preventable ones? Shouldn't the United States provide for the basic needs of its people? Such questions get distinctly short shrift in the dominant political narratives. When someone can't make ends meet and suffers dire consequences, the mainstream default is to see a failing individual rather than a failing system.
