Editor's take: Nvidia's denial of buyout talks with a major PC maker did little to settle a deeper question hanging over the industry: If the world's most valuable chip designer chose to reshape the PC market by acquisition, who could realistically stand in its way? The company's influence over AI hardware is now so central that even an unconfirmed blog post suggesting talks with a "large PC-oriented company" was enough to jolt the shares of Dell and HP before Nvidia stepped in to say the story was false.
TL;DR: Netflix has agreed to purchase Warner Bros. as part of a colossal deal valued at $82.7 billion. The purchase, which includes HBO and HBO Max, works out to $27.75 per share of Warner Bros. Discovery – a modest premium over the $24.57 the stock closed at on Thursday afternoon. The deal isn't expected to close until late next year – that is, if regulators don't step in first.
What just happened? Qualcomm is buying Arduino – the Italian open-source darling of tinkerers, educators, and inventors – in a deal that underscores how the battle for the edge starts with the makers. Financial terms weren't disclosed, but Arduino will continue to operate independently once the acquisition closes.