Tech & Telecom

Warner Bros. Dismisses Latest Paramount Bid as Inadequate

Warner Bros. Discovery Inc. determined that an amended takeover offer from Paramount Skydance Corp. is inferior to the deal it already has in place with Netflix Inc. and urged its shareholders not to tender their shares to the interloper.

By Michelle F. Davis and Lucas Shaw

Lux Capital Raises $1.5 billion for Its Largest Ever Fund

Venture firm Lux Capital raised $1.5 billion for its ninth fund — the largest in its more than 20-year history — with plans to back more companies that focus on fields like breakthrough science and national security.

Submissions Open for Bloomberg Law’s Leading Law Firms

Bloomberg Law’s Leading Law Firms is a ranking of law firms based on information including revenue, headcount, growth, and innovation. The program recognizes excellence and growth across a variety of success metrics including, but not limited to, revenue and headcount. Get details on the survey and request a link for your firm to participate.

China Reviews Meta’s $2 Billion Deal to Buy AI Startup Manus

Chinese officials are looking into whether Meta Platforms Inc.’s acquisition of artificial intelligence startup Manus violated national security or technology export regulations, an initial review that could hinder the deal down the road if officials determine wrongdoing.

Mobileye to Buy Humanoid Robot Maker Mentee for $900 Million

Mobileye Global Inc. is acquiring Israeli startup Mentee Robotics in a cash-and-stock deal valued at $900 million, as the self-driving car system company expands its robotics capabilities.

Siemens CEO Busch Eyes M&A in AI, Life Sciences, Software

Siemens AG Chief Executive Officer Roland Busch sees potential deals in artificial intelligence, life sciences and operations software, which runs factories.

Bayer Seeks Covid-Vaccine Royalties Over Crop-Technology Patent

Bayer AG filed federal lawsuits seeking royalties for Covid-19 vaccine sales by Johnson & Johnson, Moderna Inc., and partners Pfizer Inc. and BioNTech SE, alleging the shots infringe a patent developed to help genetically engineered crops make insect-resistant proteins.

Thompson Hine Takes Over IP Boutique for Silicon Valley Foothold

Thompson Hine absorbed nearly all lawyers and staff from intellectual property litigation firm Turner Boyd Seraphine, giving the acquirer a Silicon Valley presence less than two years after it launched in California.

Chat Platform Discord Is Said to File Confidentially for IPO

Discord Inc. filed confidentially for an initial public offering, according to people familiar with the matter, adding to a rapidly growing pipeline of venture capital-backed tech listings.

California Bill Would Ban Sale of Location, Other Sensitive Data

A California state lawmaker introduced legislation on Tuesday that would ban the sale or sharing of all sensitive personal information, such as immigration status or biometric data, by technology companies, data brokers and other businesses.

Is Social Media Big Tobacco 2.0? Suits Over the Impact on Teens

Is social media to blame for the decline in teen mental health? Hundreds of lawsuits argue that they are. But can the claims get past Section 230, big tech's legal shield? In this video, we look at the fight over social media's impact on teens.