David Ellison’s confident backer

Paramount dealmaker Gerry Cardinale says Ellison will make the merger with Warner Bros. a success ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Here’s your wrap of the latest must-read tech news. For more expansive and analytical coverage from around the globe, get the Tech In Depth newsletter. Top Stories Chip expansion: TSMC is considering a new campus in Texas that would add tens of billions of dollars in investment in the US. The chipmaker is struggling to keep up with unrelenting demand for hardware to power artificial intelligence. Price hikes: Samsung raised prices on most of its Galaxy S26 phones by $100. It’s been happening a lot lately across the industry. New Kindles: Amazon unveiled updated e-readers that are thinner, lighter and come in new colors. It’s also selling a quirky $35 page-turn remote. Must Reads Anthropic Said to Target Mega-IPO Before Thanksgiving Holiday Anthropic PBC is seeking to go public as soon as the middle of November, according to people familiar with the matter, after the artificial intelligence model maker pushed back plans to list. Microsoft’s Trillion-Dollar Quarter Powered by Ravenous AI Trade With Microsoft Corp.’s best quarter for decades in the books, Wall Street is betting the stock can keep rallying as the tech giant’s standing in the artificial intelligence landscape continues to improve. US Soccer Fans Surge After World Cup, Surpassing NHL Exclusive polling shows that the percentage of US adults saying they are soccer fans rose 10 percentage points after the World Cup. Market Snapshot Paramount Skydance Corp $9.34 -9.6% Amazon.com Inc $248.23 -0.4% Samsung Electronics Co Ltd ₩276,500 +0.2% Market data as of 09:20 PM ET. Data is subject to provider delays. Your watchlist Beyond The Brief RedBird Capital founder Gerry Cardinale was one of the significant dealmakers behind Paramount CEO David Ellison’s pursuit of Warner Bros., Chris Palmeri reports in today’s Tech In Depth. In an interview at Bloomberg’s Screentime conference, Cardinale pointed to his confidence in Ellison’s talents and ability to make the merger a success, calling him the “future” of Hollywood, Palmeri writes. Get the Tech In Depth newsletter for analysis and scoops about the business of technology from Bloomberg’s journalists around the world This Week In Q&AI OpenAI and Meta Platforms are betting on artificial intelligence agents, the software tools that handle personal tasks without human supervision, Shirin Ghaffary reports in this week’s Q&AI. The question is whether people will trust the agents with their personal information, she writes. You’ve got questions about AI. We’ve got answers. Sign up for Bloomberg Technology’s weekly Q&AI newsletter. Before You Go... Huge in Japan, Setlog’s Hour-by-Hour Video App Is Coming for the US Setlog is less than a year old, but roughly 10 million global users send some 60 million day-in-the-life videos on the app every day. Read more We’re improving your newsletter experience and we’d love your feedback. If something looks off, help us fine-tune your experience by reporting it here. Follow Us You received this message because you are subscribed to Bloomberg’s Tech In Brief newsletter. If a friend forwarded you this message, sign up here to get it in your inbox. Unsubscribe Bloomberg.com Contact Us Bloomberg L.P. 731 Lexington Avenue New York, NY 10022 |