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Paramount rips Warner’s sale ‘process’ as it reveals 2-year-long pursuit, escalating bids before going hostile
Warner “did not provide a single markup of a single transaction document” or engage in any back-and-forth negotiation for months, its jilted suitor said.
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Exclusive: Glean hits $200 million ARR, up from $100 million nine months back
Glean, an enterprise AI unicorn, has hit $200 million in annual recurring revenue, CEO Arvind Jain said at Fortune’s Brainstorm AI conference.
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Amazon robotaxi service Zoox to start charging for rides in 2026, with ‘laser focus’ on transporting people, not deliveries, says cofounder
Jesse Levinson, Zoox cofounder and CTO, said the robotaxi service needs several more years before it can operate at a scale where the business is “financially interesting.”
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Google Cloud CEO lays out 3-part strategy to meet AI’s energy demands after identifying it as the ‘most problematic thing’
Speaking at the Fortune Brainstorm AI conference, Google Cloud boss Thomas Kurian discussed how the company thinks about energy and data centers.
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Inside Paramount’s $108bn hostile bid for Warner Bros
Ellison’s approach was rebuffed over concerns about financial backing from China and Middle East sovereign funds
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Paramount’s WBD bid relegates Netflix to a supporting role
But big media tie-ups have a poor record at creating value