Looks like that big Netflix bid for Warner Brothers isn’t gonna go smoothly as Paramount launching a hostile counter-bid. We’ve got a full-on executive suite crisis at Apple. SpaceX could IPO next year. And more data on how AI usage is evolving.

• Paramount Skydance launches hostile bid for WBD ‘to finish what we started,’ CEO Ellison tells CNBC (CNBC)
• Trump Warns Netflix-Warner Deal May Pose Antitrust ‘Problem’ (Bloomberg)
• Netflix and the Hollywood End Game (Stratechery)
• Apple Rocked by Executive Departures, With Chip Chief at Risk of Leaving Next (Bloomberg)
• Meta acquires AI-wearables startup Limitless (Reuters)
• SpaceX in Talks for $800 Billion Valuation Ahead of Potential 2026 IPO (WSJ)
• An Empirical 100 Trillion Token Study with OpenRouter (OpenRouter)

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