California Settles Paramount-Warner Merger Lawsuit, Drawing Criticism from Advocates

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California has reached a settlement in its lawsuit challenging the merger between Paramount and Warner Bros. Discovery, ending legal action that critics say should have gone further. Former FTC Chair Lina Khan stated that state attorneys general had a 'very strong' case that the merger violated antitrust law. The settlement has drawn sharp criticism from consumer advocates and legal experts who believe the state gave up significant leverage. The deal raises concerns about media consolidation and whether regulators are doing enough to protect competition in the entertainment industry.

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Oura Files for $2.2B IPO, with Most Proceeds Going to Existing Investors

Finnish smart ring maker Oura has filed for an IPO valued at approximately $2.2 billion. According to the latest IPO filing, early backer Forerunner Ventures plans to offload its entire stake in the company, potentially netting up to $1.26 billion. This means the bulk of the IPO proceeds will flow to existing shareholders rather than into the company itself. Such secondary-heavy offerings are common when early investors seek to cash out after years of backing a startup.

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TechnologyTechCrunch ·

Tabby Aims to Automate Bookkeeping With Real-Time AI Interface

A former accountant has built an AI-powered platform called Tabby that automates bookkeeping tasks in real time. The tool manages client paperwork while simultaneously providing live profit and loss data for businesses. Tabby is designed to function as an always-on financial interface, reducing the need for traditional accountants. The startup represents a growing trend of industry insiders using AI to disrupt the very professions they came from.

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TechnologyThe Verge ·

Bungie to restore vaulted Destiny 2 campaigns, raids, and destinations

Bungie has announced plans to bring back previously removed content in Destiny 2, including campaigns, destinations, and raids. The move reverses the controversial Destiny Content Vault policy introduced six years ago, which stripped out older paid content from the game. The studio acknowledged that removing this content had damaged player trust and enjoyment. Bungie stated it cannot undo the original decision but is committed to restoring these key parts of Destiny's history. All Destiny 2 players are expected to benefit from the returning content.

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TechnologyArs Technica ·

Trump Launches 'AI Force', Dismisses Calls to Slow AI Development

President Trump has announced the creation of a new initiative called the 'AI Force', signaling his administration's commitment to accelerating artificial intelligence development. The move comes as a direct pushback against voices calling for a slowdown or pause in AI advancement. Trump offered very few specifics about what the proposed AI Force would actually do or how it would operate. The announcement reflects the administration's broader stance of prioritizing AI growth over precautionary restraint.

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