Netflix flashes the cash to end Hollywood’s bidding war Media Netfix is reportedly readying an all-cash offensive to secure its long-awaited $83bn takeover of Warner Bros, in a move set to kill off a persistent hostile bid from rival Paramount Skydance. The Los Gatos streaming giant is set to snub the cash and stock bid in favour of a simpler, hard-currency deal, as it aims [...]
Tiktok: Chinese-owned app hit with cyber attack as CNN, Paris Hilton and Sony targeted Media Despite its popularity amongst American teens, Tiktok must sell to a non-Chinese entity by January 2025, amid national security concerns.