Netflix faced fierce criticism on Friday over its blockbuster deal to acquire Warner Bros., the storied Hollywood studio. The deal's biggest loser may be Warner Bros. competitor Paramount Skydance, the Hollywood studio owned by Larry Ellison, one of the world's richest people and a close ally of US President Donald Trump.
Qatari landlords eyeing profit from the looming World Cup have been kicking out a growing number of mostly foreign tenants, sometimes with just a few days' notice. Reem, a foreigner working for a major Qatari company, was told she had a week to leave her apartment.
China is investing billions in Europe's video game industry, but analysts have warned that there could be trouble along the road unless regulators start to take stricter notice. As Beijing tightens up on the video game industry at home, China's tech giants are looking to make investments overseas -- prompting concerns ranging from data security to limits on creative freedom.
The former head of Nikola, a start-up making electric- and hydrogen-powered trucks, was found guilty of fraud on Friday for misleading investors about his company's alleged progress and capabilities in order to raise more money. Prosecutors accused the entrepreneur of having exaggerated the number of orders placed and the company's ability to produce hydrogen and having lied about prototypes.
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