Warner Bros. Discovery’s (WBD) board of directors has rejected the $108 billion hostile takeover bid from David Ellison’s Paramount Skydance, calling the offer “illusory,” and saying that Paramount ...

The board of Warner Bros. Discovery on Wednesday said it was recommending that shareholders reject the hostile takeover bid from Paramount Skydance and its controlling shareholders, the Ellison family ...

Chai Discovery, a biotech startup with backing from OpenAI, announced a $130 million Series B round at a $1.3 billion valuation on Monday. The round was led by General Catalyst and Oak HC/FT, the ...

Chai Discovery, an artificial intelligence drug-discovery company backed by OpenAI, has raised $130 million to build a “computer-aided design suite” for molecules. The deal, which values the company ...

The spotlight is on crown jewels HBO, studios, the Warner Bros. film vault and DC Comics – but the fate of Warner Bros. Discovery could rest on the value of its much-maligned cable TV portfolio.

I’m an automotive enthusiast, and like all automotive enthusiasts, it’s hard to settle on just one fun car to own in the future. For me, one of those cars is a 2022 Camaro ZL1. A friend of mine ...

The offer to shareholders comes days after Warner Bros. agreed to sell its streaming and studio business to Netflix. By Benjamin Mullin Lauren Hirsch and John Koblin Paramount on Monday mounted a ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Just four months after ...

Nov 25 (Reuters) - Warner Bros Discovery (WBD.O), opens new tab has asked potential buyers to submit improved offers by December 1, two sources familiar with the matter said on Tuesday. Sign up here.

Paramount, Comcast and Netflix have submitted bids for Warner Bros. Discovery, owner of the storied Warner Bros. movie and television studio and HBO, according to people familiar with the matter. The ...

Warner Bros. Discovery has been telling investors it wants to split the company in two — and just produced some evidence that such a deal is necessary. The owner of CNN, HBO and the Warner Bros.

“At Discovery Global, we will seek to inspire and empower audiences through bold storytelling and engaging stories,” said Gunnar Wiedenfels, the Warner Bros. Discovery CFO who will be CEO of the new ...