In a one-two punch of centibillion-dollar offers, the bidding war for Warner Bros. Discovery is over. David Ellison-owned Paramount will acquire Warner Bros. Discovery. Netflix has lost.
The bid comes from Quantum Computing Inc., which already lined up to buy Luminar’s semiconductor division. Luminar founder Austin Russell has also expressed interest.
It’s not the dysfunctional culture that kills great companies — it’s the denial of it. Leaders must face the brutal reality and take meaningful steps to fix it.
French defense tech company Harmattan AI is now valued at $1.4 billion after raising a $200 million Series B round led by Dassault Aviation, which is best known for making the Rafale fighter jet.