Bloomberg interview: Netflix's co-CEO explains why he quit the Warner Bros. fight

* Netflix dropped out of the bidding for Warner Bros. Discovery after a rival bidder made a superior offer. * The decision to drop out was made based on various bidding scenarios Netflix had worked out in advance, and co-CEO Ted Sarandos said they knew exactly what to do when they received notice of the superior offer. * Sarandos believes the Paramount deal will lead to cost-cutting, including $16 billion in cuts and thousands of job eliminations, and says Netflix will continue to invest in its

(Bloomberg/Jason Schreier)The Story Behind the Failure of ‘Highguard’

What happened? Over the last two weeks, I talked to 10 former Wildlight employees about the game’s development, its promising beginnings and how things went awry. The story begins in 2021, when a small group of people who worked for the game developer Respawn, a subsidiary of Electronic Arts Inc., decided to quit and start an independent company. They missed the freedom of their pre-EA days, Dusty Welch, co-founder and chief executive officer, told me in an interview last month. Welch didn’t m

AI Boom Is Triggering a Loan Meltdown for Software Companies: Credit Weekly - Bloomberg

Source: Bloomberg

Wall Street Insiders Dump Shares With S&P 500 at Record High - Bloomberg

Source: Bloomberg