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Netflix has struck a deal with Warner Bros. Discovery to buy the legacy Hollywood giants studio and streaming business for $72 billion.
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News and Media
The European Commission says the social media site is opening its users up to scams and impersonations.
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The agreement - announced on Friday - follows a weeks-long bidding war where Netflix seized the lead with a nearly $28-a-share offer that eclipsed Paramount Skydance's nearly $24 bid for the whole of Warner Bros Discovery, including the cable TV assets slated for a spinoff.
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News and Media
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