The US Department of Justice has approved Skydance's acquisition of Warner Bros. Discovery, a move that will significantly consolidate the media industry and expand the influence of the Ellison family. The DOJ dismissed concerns over labor and comparisons to the Disney-Fox merger, while investigations continue in the UK and by state attorneys general.
The US Department of Justice has approved the $111bn merger of Paramount Skydance and Warner Bros. Discovery, citing no harm to competition. However, regulatory reviews continue in the UK and Europe, with concerns about media consolidation and potential job cuts.
Michele Spagnuolo, a 36-year-old Italian Google software engineer, is charged with using insider information to rig bets on Polymarket, earning $1.2m in profits, highlighting regulatory concerns over prediction markets.
The US Department of Justice has joined xAI in suing Colorado to block its AI anti-discrimination law (SB 205). The DOJ argues the law mandates discrimination, while critics say it's an attempt to reframe consumer protections as "woke" overreach. A revised bill (SB 189) has since replaced SB 205, weakening its transparency and bias assessment requirements.
The US DOJ has created a $1.776 billion 'Anti-Weaponization Fund' to compensate individuals, including Trump allies, prosecuted under the previous administration. Critics call it a 'slush fund' for political payouts.
The group spent tens of millions of dollars on luxury items and real estate, using funds stolen from crypto users in social engineering scams.
Besides freezing crypto, the strike force also seized a Telegram channel used to recruit unsuspecting job seekers and took down 503 fake crypto investment websites.
