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Max Knoblauch
Posts
Paramount is expected to raise its Warner Bros. offer to $32 per share
Paramount’s seven-day offer discussion window with Warner Bros. closes on Monday at 11:59 p.m. ET. Source: Sherwood News.
Microsoft makes dramatic shakeup to its gaming division as gaming CEO Phil Spencer and Xbox president Sarah Bond depart
The tech giant said it is making a “renewed commitment to Xbox starting with console.” Source: Sherwood News.
Lucid cuts 12% of its US workforce in a profitability push
Lucid’s interim CEO said the move was necessary to “improve operational effectiveness” and optimize resources. Source: Sherwood News.
Judge rejects Tesla’s attempt to overturn $243 million verdict over fatal 2019 autopilot crash
Tesla previously rejected a $60 million settlement proposal regarding the lawsuit. Source: Sherwood News.
The Supreme Court’s tariff ruling isn’t sweeping relief for automakers, but it isn’t nothing either
The Supreme Court has struck down a large portion of President Trump’s tariff regime. Source: Sherwood News.
The Supreme Court’s tariff ruling isn’t sweeping relief for automakers, but it isn’t nothing either
The Supreme Court has struck down a large portion of President Trump’s tariff regime. Source: Sherwood News.
Report: Amazon’s AI bots have been behind multiple AWS outages
AWS accounted for 57% of Amazon’s operating profit in 2025. Source: Sherwood News.
Rental car companies drop amid volatile demand following an “unacceptable” Q4 from Avis
Avis and Hertz both fell by double digits on Thursday. Source: Sherwood News.
Airline stocks fall as US-Iran tensions push oil prices up
West Texas Intermediate crude futures rose 2% on Thursday morning. Source: Sherwood News.
OpenAI reportedly finalizing $100 billion fundraising round at $830 billion valuation
The Information reports that OpenAI is finalizing commitments from investors including SoftBank, Amazon, Nvidia, and Microsoft. Source: Sherwood News.