THAILAND CARRIES OUT AIRSTRIKES ON CAMBODIA BORDER AMID RISING TENSIONS. (PHOTO).

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 Thailand carries out airstrikes on Cambodia border amid rising tensions Thailand carried out airstrikes along its border with Cambodia on Monday, escalating tensions as both nations accused each other of violating a ceasefire that had paused fighting earlier this year. The renewed clashes come amid a long-standing territorial dispute that erupted into five days of combat in July, leaving dozens of soldiers and civilians dead. Efforts to maintain peace, including a truce brokered in October with U.S. President Donald Trump’s involvement, have struggled to hold. Thai authorities reported that over 50,000 people have evacuated to shelters near the border, while Cambodia confirmed residents from several villages were also relocated. The latest violence has claimed at least one Thai soldier and four Cambodian civilians. Thai Prime Minister Anutin Charnvirakul emphasized that Thailand does not seek conflict but will defend its sovereignty and public safety, stating in a televised addres...
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PARAMOUNT LAUNCHES HOSTILE BID FOR WARNER BROS., COUNTERING NETFLIX’S $72 BILLION OFFER. (PHOTO).

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Paramount launches hostile bid for Warner Bros., countering Netflix’s $72 billion offer


 Paramount has launched a hostile bid to acquire Warner Bros. Discovery, directly challenging Netflix just days after the streaming giant reached a $72 billion agreement to take over the company.

In its announcement Monday, Paramount said it is bypassing Warner Bros. leadership and appealing directly to shareholders with a $30-per-share all-cash offer for the entire company, including the Global Networks division. The company urged investors to reject the Netflix deal, which remains subject to approval.

Paramount argued that the Netflix proposal would drag shareholders into a lengthy and uncertain regulatory process across multiple countries, while also tying their financial future to what it described as a complicated mix of cash and stock. The company said it has spent the past 12 weeks submitting six separate proposals to Warner Bros. Discovery in an attempt to reach an agreement.

Paramount CEO David Ellison said the takeover would strengthen the broader entertainment industry by increasing competition and expanding theatrical output. He said consumers, creators, and movie theaters would all benefit from the combined company’s larger content budget and increased slate of films.

Netflix’s deal to purchase Warner Bros. Discovery, maker of the “Harry Potter” franchise and owner of HBO, was announced Friday. The agreement values Warner Bros. Discovery at $27.75 per share — an enterprise value of $82.7 billion including debt — and is expected to close within 12 to 18 months. Cable networks such as CNN and Discovery were previously carved out and are not included in the transaction.

President Donald Trump weighed in on Sunday, suggesting the Netflix-Warner deal “could be a problem” due to the potential size and influence of the combined media powerhouse.


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