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IBM is buying data infrastructure company Confluent for $11 billion in cash in a bid to bolster its data and automation products as ever more companies move their tech operations to the cloud and deploy AI technology. The tech giant said it would offer $31 for each Confluent share, which is about 50% more than what the smaller company’s shares closed at on Friday, before news of the deal. Confluent offers a platform that helps enterprises manage streams of data in real time, a use case that’s exploded in demand as ever more companies develop and deploy AI products, which…
Paramount Skydance CEO David Ellison at Netflix’s “America’s Team: The Gambler and His Cowboys” at The Egyptian Theatre in Los Angeles, Aug. 11, 2025.Gilbert Flores | Variety | Getty ImagesParamount Skydance laid out its plan Monday to persuade Warner Bros. Discovery shareholders that it’s a better buyer for the company than Netflix. The hostile bid kicks off a tug-of-war that could get complicated. Paramount has officially launched a tender offer for current WBD shares at $30 per share, all cash. That bid is backed by $41 billion in equity financing. The remainder will be money from RedBird Capital and Jared…
News outlets are now reporting that global icon Taylor Swift will wed fiancé Travis Kelce next June at Rhode Island’s famed Ocean House property. The event will put Ocean House—and Rhode Island—on the global luxury travel map. The seaside retreat in Watch Hill is one of only 14 Forbes 15-Star properties globally, earning Five-Star ratings for its hotel, spa, and dining. The property is also a AAA Five-Diamond Hotel and Restaurant, making it ideal for travelers looking for elegance and exclusivity.Ocean House provides an exceptional setting for meetings and gatherings, featuring a variety of options in unique spaces, including a stunning…
Paramount Skydance on Monday launched a hostile, $108.4 billion bid to buy Warner Bros. Discovery (WBD), days after Warner agreed to be acquired by Netflix for $82.7 billion. Paramount is going straight to WBD’s shareholders with an all-cash offer of $30 per share, and it noted that its offer provides shareholders $18 billion more cash than the Netflix deal, which offered $23.25 in cash and $4.50 in Netflix shares for a total of $27.75 per share. Paramount is bidding for all of WBD, while Netflix’s deal with the company only includes its Hollywood studios and streaming business. CNBC reported on…
SANTA ANA, Calif. (AP) — For a Disneyland enthusiast who marked his 15,000th spin Monday on an auto-racing attraction inspired by the animated film “Cars,” it’s not about winning.It’s about the ride.Jon Alan Hale said he was eager to try out the Radiator Springs Racers ride at Disney California Adventure after undergoing gastric bypass and knee replacement surgeries in 2010 and 2011. He said he quickly found himself hooked on the ride, which debuted in 2012, and began tracking his races in a notebook, jotting down his car’s color, lane and whether he wins or loses.“I fell in love with…
by Lacey Pfalz Last updated: 8:00 AM ET, Sun December 7, 2025 So you’re heading to a ski resort—but you don’t ski. Don’t be sad about it! There’s plenty more to do at a ski resort than just skiing or snowboarding. Our helpful guide might provide some inspiration on what you or your non-skier loved one can do at a ski resort. Who knows? They might just become your favorite kind of resort. Wellness, Wellness, WellnessAerial view of the Interalpen-Hotel Tyrol in the Austrian Alps. (Photo Credit: Preferred Hotels & Resorts)Most ski resorts have well-developed wellness programs featuring saunas, steam rooms, pools…
President Donald Trump said on Monday he plans to ink an executive order this week that would limit states from enacting their own regulation of AI technology. “I will be doing a ONE RULE Executive Order this week,” Trump posted on social media. “You can’t expect a company to get 50 Approvals every time they want to do something.” “There must be only One Rulebook if we are going to continue to lead in AI,” Trump said. “We are beating ALL COUNTRIES at this point in the race, but that won’t last long if we are going to have 50…
Paramount Skydance is launching a hostile bid to buy Warner Bros. Discovery after it lost out to Netflix in a monthslong bidding war for the legacy assets, the company said Monday. Paramount will go straight to WBD shareholders with an all-cash, $30 per share offer. That’s the same bid WBD rejected last week and equates to an enterprise value of $108.4 billion. The offer is backstopped with equity financing from the Ellison family and the private equity firm RedBird Capital as well as $54 billion in debt commitments from Bank of America, Citi and Apollo Global Management, Paramount said in…
Winter is a fantastic time to travel abroad. Travelers can leverage holiday time off to stretch their vacation time. And off-season means smaller crowds, quieter attractions and often better travel deals that can take some stress off the wallet.Whether you’re into bundling up to visit winter wonderlands or heading to places to escape the snow and cold, here are some under the radar trip destinations recommended by travel advisors, Kristy Mosolino, co-owner of Wishes Travel and Leonara DiMauro of Avant-Guard Travel. Beach in Loreto, Mexico (Photo Credit: Noreen Kompanik)Loreto, MexicoWhile more popular Mexico destinations like Cancun and Puerto Vallarta tend…
Quilt, the startup based in Redwood City, California, that’s created sleek, customizable heat pumps, has raised $20 million in a Series B round that closed recently. The company previously raised a $33 million Series A, which it announced in April 2024. The new round was led by Energy Impact Partners and Galvanize with participation from Alumni Ventures, Gradient Ventures, Incite Ventures, and Lowercarbon Capital. Veery Maxwell at Galvanize will be joining the board, as will former Nest CFO Tom vonReichbauer. (The latter should come as no surprise given that many Quilters used to work at Nest.) The new funding will…