Search results for Trek
Games & Commerce
Paramount+ and HBO Max complete 147.4 trillion won mega-merger, Skydance launches
Skydance plans to combine HBO Max, Paramount+ and Discovery+ into a single streaming service after completing its $110 billion acquisition of Warner Bros Discovery. The newly launched company is named Skydance and said it will merge the services over time, without disclosing a schedule, name or pricing. CEO David Ellison has pushed the idea and stressed HBO will operate independently. The deal brings major studios, networks and key intellectual property under one company.
Games & Commerce
Shinsegae to invest $1 billion in Warner Bros acquisition
Shinsegae Property will invest $1 billion in the acquisition of Warner Bros, the company said on Monday, joining as an investor in a deal being pursued by Paramount. Shinsegae Group said it aims to use Hollywood content as a new growth engine and expand its portfolio into global content. It also plans to use intellectual property at offline sites, explore cooperation with HBO Max and Paramount Plus, and pursue joint content production over the long term.
Mobility
U.S. Senate panel moves to bar Chinese EV sales; Tesla shifts from EVs to robots
The U.S. Senate Commerce Committee plans a vote on a bipartisan bill that would effectively ban Chinese automakers from selling passenger EVs in the United States and further restrict entry into the small-car market. Tesla is removing the Model S and Model X assembly line at its Fremont plant and converting the space for humanoid robot Optimus production. Tesla will shift its supervised FSD option in South Korea from a lump-sum payment to a monthly subscription from Aug. 10.
