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AI & Enterprise
Why offline bookstores are reviving in an era of less reading
Americans are reading less, but bookstores in the United States are reviving, Axios reported. Barnes & Noble and independent stores, once threatened by Amazon’s rise and Borders’ collapse, are opening new outlets and growing sales. Barnes & Noble CEO James Daunt says a turnaround is underway, while the American Booksellers Association cites a 70 percent rise in bookstores from 2021 to 2025. The sector faces pressure from AI summaries and social media, but store operators say trends are shifting.
World
IRGC warns of attacks on U.S. big tech including Apple, Google and Meta
Iran\'s Islamic Revolutionary Guard Corps (IRGC) singled out U.S. technology and finance companies, including Apple, as \"terror companies\" and warned it would attack their facilities in the Middle East. In a Telegram message, it said the firms cooperate with U.S. and Israeli military operations and urged employees to leave workplaces immediately. It also told civilians within 1 km of facilities to evacuate. Companies\' official responses were limited, and details of any attack were not provided.
Telecommunications & Media
Warner Bros Discovery agrees 110 billion dollar Paramount merger deal
Warner Bros Discovery (WBD) and Paramount Skydance have officially announced their merger, The Verge reported on Feb. 27. The companies signed an agreement for Paramount to acquire WBD for $110 billion. WBD had previously pursued an $83 billion merger with Netflix, but Paramount entered the race with a hostile bid attempt and additional offers, and WBD judged Paramount’s final offer superior.
