Paramount's Hostile Bid for Warner Bros. Discovery

President Trump has granted Nvidia permission to sell its H200 artificial intelligence chips to approved customers in China, lifting a previous export ban due to national security concerns. This decision includes a 25% surcharge on sales, marking a significant policy shift in U.S.-China tech relations.

Burkay Gur, CEO of fal, announced that the company optimizes Nvidia chips for running AI models in audio, video, and image generation during an interview on Bloomberg Tech. This development follows fal's recent fundraising efforts, highlighting its commitment to leveraging advanced technology in generative media.

Paramount Skydance has made a hostile bid to acquire Warner Bros. Discovery for $30 per share, a move that follows Netflix's recent agreement to purchase Warner Bros. Discovery for approximately $72 billion. Ross Gerber, CEO of Gerber Kawasaki, discussed this competitive landscape on Bloomberg Tech, highlighting his decision to sell his stake in Paramount Skydance while retaining his investment in Netflix.

Warner Bros. Discovery is facing antitrust scrutiny as both Netflix and Paramount Skydance have made significant bids to acquire the company, raising questions about market definition amid a shift towards user-generated content. Jennifer Huddleston from the Cato Institute discussed these concerns on Bloomberg Tech.

The U.S. government has granted Nvidia permission to sell its H200 artificial intelligence chips to approved customers in China, effectively lifting a previous export ban that was imposed due to national security concerns. This decision follows extensive lobbying efforts by Nvidia and is seen as a significant policy shift under the Trump administration.

Australia has implemented a groundbreaking ban on social media access for users under the age of 16, affecting platforms such as TikTok, Facebook, Instagram, X, YouTube, Snapchat, Reddit, Kick, Twitch, and Threads. This legislation, which took effect on December 10, 2025, aims to protect minors from online risks by removing their accounts from these platforms.

Netflix has announced plans to acquire Warner Bros. Discovery for $82.7 billion, marking a significant shift in its strategy from building content to acquiring established studios. This deal is expected to enhance Netflix's library of popular movies and TV shows, including iconic franchises like Batman and Game of Thrones.

US equity futures have risen as the Federal Reserve prepares for a two-day monetary policy meeting, while Nvidia's shares have gained following President Trump's approval for the company to sell its H200 AI chips in China. This marks a significant policy shift, ending previous restrictions due to national security concerns.