In a massive industry shakeup, Netflix has agreed to purchase Warner Bros. for $82.7 billion. The deal includes HBO, its vast film and TV library, and its major gaming studios. The acquisition is expected to close in the next 12 to 18 months.
Elon Musk’s X is the first major platform fined under the EU’s Digital Services Act. The €120 million ($140M) penalty targets the paid verification system and a lack of ad transparency. X now has 60-90 days to propose fixes, but a legal battle is brewing.
In a surprise move, Micron is ending its Crucial consumer memory and storage brand after 29 years. The company is pivoting entirely to the booming enterprise market. This could be a sign of tougher times ahead for DIY PC enthusiasts.
Asus confirms a third-party supplier was hacked, affecting some camera source code for its phones. The Everest ransomware gang claims to have looted 1 TB of data from Asus, ArcSoft, and Qualcomm.
Samsung appears to be drastically scaling back its Exynos ambitions for next year’s flagships. According to a new report, the Exynos 2600 will only power the Galaxy S26 and S26+ sold in South Korea, with the rest of the world getting Qualcomm’s Snapdragon chips.
Epic is keeping its next free game a secret until December 11th, building hype ahead of The Game Awards. For now, you can grab two comedy-focused titles to play over the holidays.
MongoDB’s latest earnings report sent its stock soaring, directly countering fears that AI would make its database obsolete. The company is positioning itself as AI’s “memory layer,” but significant competitive and financial risks remain.
Orbex received only €34.9 million from the European Space Agency’s €902 million European Launcher Challenge, while its four competitors each got at least €169 million. The shortfall stems from the UK government deferring a decision on how to allocate the majority of its €144 million contribution to
Apple has seen a significant exodus of AI talent in 2024, with key figures from executives to engineers departing. The biggest beneficiary? Meta, which has snapped up at least nine of them.
Foxconn’s revenue soared to NT$844.3 billion ($27 billion) in November, a 26% year-on-year increase. The company credits “strong growth” in cloud and networking products, specifically pointing to momentum for AI server racks.
