WBD rejected Paramount's hostile bid, Amazon may invest $10 billion in OpenAI, and a judge ruled that Tesla used deceptive language to market Autopilot
Description
-Warner Bros. Discovery's board has formally rejected the $108 billion takeover bid from Paramount Skydance. WBD said it remains committed to its $82.7 billion deal with Netflix, which would close some time next year, pending regulatory approval.
-Amazon is in discussions with OpenAI to invest $10 billion in the company while supplying more of its AI chips and cloud computing services, according to The Financial Times. The deal would push OpenAI's valuation over $500 billion but is likely to raise more questions about the company's circular investment agreements involving chips and data centers.
-Back in 2022, the California DMV accused the automaker of using deceptive language to advertise those products and making it seem like its vehicles are capable of level 5 autonomous driving. Tesla has since added the word “Supervised” to the name of its Full Self-Driving assistance technology.
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