Edgar Bronfman has increased his bid to take over Paramount Global to $6 billion, challenging a previous offer by David Ellison's Skydance Media. This new offer comes from a consortium and aims to pay down Paramount's debt or buy non-voting shares held by other investors.
Paramount confirmed receiving an acquisition proposal from Bronfman, but didn’t disclose the details. His bid, which surpasses an earlier offer, introduces significant competition in the media ownership landscape.
Meanwhile, Zoom Video Communications reported a rise in stock value after adjusting its annual revenue forecast upward, attributing the increase to strong demand for AI tools in hybrid work, emphasizing their commitment to enhance service offerings with advanced technology.
Zoom's AI Contact Center has been pivotal in attracting major clients, showcasing a tailored customer response capability which reflects the company's strategy to merge AI with business communication tools, crucial for adapting to changing work environments.
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