Warner Bros. rejects takeover bid from Paramount, siding with Netflix’s offer

Warner Bros. again rejected Paramount’s latest takeover bid and told shareholders Wednesday to stick with a rival offer from Netflix.Warner’s leadership has repeatedly rebuffed Skydance-owned Paramount’s overtures—and urged shareholders just weeks ago to back its the sale of its streaming and studio business to Netflix for $72 billion. Paramount, meanwhile, has sweetened its $77.9 billionContinueContinue reading “Warner Bros. rejects takeover bid from Paramount, siding with Netflix’s offer”

Why is there a RAM shortage? AI demand and the mad scramble for memory chips could hit where it hurts

The stock prices of RAM and NAND manufacturers surged yesterday, with Micron Technology (Nasdaq: MU) up 10%, Sandisk Corporation (Nasdaq: SNDK) up 27%, Western Digital Corporation (Nasdaq: WDC) up 16%, and Seagate Technology Holdings (Nasdaq: STX) up 14%. The driving factor behind this recent stock surge is a shortage of RAM, or random-access memory. TheContinueContinue reading “Why is there a RAM shortage? AI demand and the mad scramble for memory chips could hit where it hurts”

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