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Trump administration skeptical of Netflix and Warner Bros. deal

The Trump administration views the proposed $72 billion deal for Netflix to acquire Warner Bros. Discovery‘s film and streaming assets with “heavy skepticism,” a senior administration official told CNBC’s Eamon Javers on Friday morning. Netflix said Friday that it would acquire Warner Bros.’s film studio and streaming service, HBO Max. Paramount Skydance had made multiple … Read more

Nvidia CEO Dismisses Concerns of an AI Bubble. Investors Remain Skeptical

Nvidia CEO Jensen Huang didn’t need any prompting on Wednesday to address the elephant in the room. “There’s been a lot of talk about an AI bubble,” he said on an earnings call before quickly getting to his main point: “From our vantage point, we see something very different.” Huang went on to spend about … Read more

$1 Trillion in Tech Stocks Sold Off as Market Grows Skeptical of AI

The market’s confidence in artificial intelligence may be wavering, and companies with big investments in it seem to be shedding supporters. The Financial Times notes that, over the course of the past week, approximately $1 trillion in stock value has been wiped from several of Silicon Valley’s heaviest hitters, all of which are heavily enmeshed … Read more

Gate US debuts amid a market that is skeptical about crypto

Gate US begins operations in a market where nearly all Americans recognize cryptocurrency but few comprehend it. This knowledge chasm, revealed in Gallup’s latest survey, represents the exchange’s biggest hurdle in attracting mainstream users. Summary Gate US has officially launched spot trading services, entering the U.S. crypto market with crypto-to-crypto pairs and plans for fiat … Read more

Saylor bitcoin buying strategy ‘exploding,’ but Wall Street skeptical

LAS VEGAS — The bitcoin treasury play that lifted Strategy’s market cap past $80 billion is now being mimicked by meme stock companies, media firms, and multinational conglomerates. But Wall Street isn’t buying all the hype. This week, Trump Media announced plans to raise $2.5 billion to buy bitcoin, and GameStop revealed a $500 million … Read more

Grok says it’s ‘skeptical’ about Holocaust death toll, then blames ‘programming error’

Grok, the AI-powered chatbot created by xAI and widely deployed across its new corporate sibling X, wasn’t just obsessed with white genocide this week. As first noted in Rolling Stone, Grok also answered a question on Thursday about the number of Jews killed by the Nazis in World War II by saying that “historical records, … Read more

Volodymyr Zelenskyy skeptical of Vladimir Putin’s temporary Easter ceasefire

Ukrainian President Volodymyr Zelenskyy expressed skepticism over Russian President Vladimir Putin’s announcement Saturday that Russia would observe a temporary ceasefire during the Easter holiday.  After the announcement, Zelenskyy posted on X that air raid alerts were ringing out across Ukraine, adding that Russian attack drones were detected in the skies.  “Shahed drones in our skies … Read more

DOGE team welcomed at the Pentagon but some remain skeptical

The Department of Defense has received a list of DOGE officials tasked with cutting 8% from next year’s budget. “We welcome DOGE to the Pentagon,” said Secretary Pete Hegseth. “And I hope to welcome Elon to the Pentagon very soon.”  The Pentagon employs 3.7 million personnel with a budget exceeding $850 billion, but it has … Read more

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