AU URGES DE-ESCALATION AS FIGHTING DISPLACES OVER 180,000 IN SOUTH SUDAN’S JONGLEI STATE. (PHOTO).

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 AU urges de-escalation as fighting displaces over 180,000 in South Sudan’s Jonglei state The Chairperson of the African Union Commission called for immediate de-escalation and strict adherence to South Sudan’s 2018 peace agreement, as renewed fighting in Jonglei State displaced more than 180,000 people and raised fears of further civilian harm. In a statement, African Union Commission Chairperson Mahmoud Ali Youssouf said he was deeply concerned by the deteriorating security situation in parts of the country, particularly Jonglei, where escalating violence and inflammatory rhetoric have put civilians—including women and children—at heightened risk. South Sudanese authorities estimate the number of displaced in Jonglei at more than 180,000, the United Nations humanitarian agency OCHA said last week. He urged all parties to exercise maximum restraint, de-escalate tensions immediately, and comply fully with the permanent ceasefire and power-sharing arrangements under the agreement, T...
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PARAMOUNT SUBMITS REVISED BID FOR WARNER BROS. DISCOVERY . (PHOTO).

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Paramount submits revised bid for Warner Bros. Discovery 

Paramount Skydance has revised its bid to acquire Warner Bros. Discovery, adding a personal guarantee from Larry Ellison worth $40.4 billion. Ellison, founder of Oracle and father of Skydance CEO David Ellison, is backing the deal alongside sovereign wealth funds from Saudi Arabia and Qatar. The updated offer addresses Warner Bros. Discovery’s previous concerns that Paramount’s financing lacked sufficient guarantees.

Warner Bros. Discovery had formally advised shareholders to reject Paramount’s original $108 billion offer, having already accepted an $82.7 billion bid from Netflix, pending regulatory approval. Paramount’s revised proposal includes an irrevocable personal guarantee from Ellison, assurances that assets in the Ellison family trust won’t be revoked or transferred during the transaction, more flexible terms, and an increased regulatory reverse termination fee from $5 billion to $5.8 billion to match Netflix’s. David Ellison said the $30-per-share, all-cash offer remains the superior option, promising greater content production, theatrical output, and consumer choice. The updated offer will expire January 21, 2026.


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