Paramount had been keen to close the deal before Sept. 30, when it will begin to incur a $7-million-a-day "ticking fee" to be paid to Warner Bros. investors. The agreement is a tacit acknowledgement that that will not happen, barring a settlement with the states.
maybe there was some clause to prevent stop those payments in the event of a lawsuit?
In a statement, the company said the agreement is a "significant win." "Today's agreement is a significant win because the result is exactly what we have sought from the outset
no. just a few lines earlier:
Paramount had been keen to close the deal before Sept. 30
whatever the reason, w11 is a clusterfuck of a much much much higher magnitude than w10
username checks out
peak contempt? sam says it's customer appreciation month at openai...
you know, for security reasons...
how much for a new electric semi-trailer?
I thought their AI market share would be around 5-6% but I see 15-20%.
Damn, don't people feel icky using Zucker's products?
a match made in hell
People are using it? Where?
Seems like I'm still sleeping.
Is this how Big AI gets some sweet taxpayer money?
The open question is whether a federated platform this big can actually work, or whether it ends up as one more expensive coordination exercise.
It's big enough for big AI to fit in.
Genesis is now moving from announcement into execution. President Trump signed the executive order launching it in November 2025.
As long as he gets his cut.
I wouldn't put it if past them either, but I don't think people will yield to the techbos and their AI. Once people realize what's up, the techbos will be in for a rough surprise. At least I hope that's what happens.
Money isn't everything -- but it's a long way ahead of what comes next. -- Sir Edmond Stockdale
