Netflix agreed to pay all cash for Warner Bros. Discovery, amending its $72 billion deal in an attempt to fight off Paramount's hostile takeover bid.
Netflix originally agreed to buy the company with a mix of cash and stock. To sweeten the offer for shareholders, Netflix and Warner Bros. today announced that Netflix will pay all cash instead. If successful, Netflix's purchase will include HBO Max, WB Studios, and other assets.
The price is unchanged at $27.75 per share, and Warner Bros. is targeting an April 2026 shareholder vote. The original plan was for Netflix to buy each Warner Bros. share with $23.25 in cash and $4.50 in Netflix stock.
Destiny: Rising, the mobile-exclusive sci-fi RPG shooter set in Bungie’s Destiny universe, will be released for iOS and Android on August 28th. The launch date was announced by Chinese developer NetEase Games alongside the release of a new gameplay trailer that shows off some of the missions, strikes, PvP battles, and PvE features that players can expect to encounter.
The game was announced in October last year, spawning from the $100 million Bungie investment that NetEase (the developer behind Marvel Rivals and Diablo Immortal) made in 2018. NetEase says that Destiny: Rising is “set in an alternate timeline before the events of the original game,” allowing players who are new to the franchise to jump in without needing to experience previous Destiny titles.
Players can choose to take on the role of a “fully customisable” Lightbearer named Wolf, or play as established Destiny characters like Ikora Rey and Iron Lord Jolder. Game features include single, co-op, and competitive multiplayer modes, customisable Primary and Power Weapons, the ability to share weapons across character arsenals, and a new weapon type and “Mythic” rarity gear tier.
The Destiny: Rising release date announcement follows a limited-access playtest that was launched in November, with preorders for the game now available on Google Play and the App Store. NetEase is also holding a pre-launch event that allows players to register to receive special in-game bonuses, with more rewards being unlocked when registration milestones are crossed.
Alien is one of the most iconic sci-fi horror franchises of all time. But the director who started it all is not only done with the franchise, but is a bit disappointed in how its legacy turned out. In an interview with ScreenRant, Ridley Scott explained how he’s done with the franchise, and reveals his true feelings…
The sudden job cuts appear to have been completely unexpected for those affected. Polygon Senior Reporter Nicole Carpenter, for instance, published a story about the Epic vs. Apple case at 10 am Eastern time this morning before sharing news of her layoff less than two hours later on Bluesky.
"Along with just about everyone else at Polygon, I am now out of a job, ending over a decade at Vox Media for me," Curation Editor Pete Volk wrote on Bluesky. "Working at Polygon was a wonderful experience, and I'm proud of the work we did there."
Reddit is planning to introduce a paywall this year, CEO Steve Huffman said during a videotaped Ask Me Anything (AMA) session on Thursday.
Huffman previously showed interest in potentially introducing a new type of subreddit with "exclusive content or private areas" that Reddit users would pay to access.
When asked this week about plans for some Redditors to create "content that only paid members can see," Huffman said:
Here we (maybe) go again: Reports from a handful of early adopters of Nvidia's new GeForce RTX 5090 graphics card are reporting that their power cables are melting (so far, there's at least one report on YouTube and one on Reddit, as reported by The Verge). This recalls a similar situation from early in the RTX 4090's life cycle, when power connectors were melting and even catching fire, damaging the GPUs and power supplies.
After much investigation and many guesses from Nvidia and other testers, the 4090's power connector issues ended up being blamed on what was essentially user error; the 12VHPWR connectors were not being inserted all the way into the socket on the GPU or were being bent in a way that created stress on the connection, which caused the connectors to run hot and eventually burst into flames.
The PCI-SIG, the standards body responsible for the design of the new connector, claimed that the design of the 12VHPWR connector itself was sound and that any problems with it should be attributed to the manufacturers implementing the standard. Partly in response to the 4090 issues, the 12VHPWR connector was replaced by an updated standard called 12V-2x6, which uses the same cables and is pin-compatible with 12VHPWR, but which tweaked the connector to ensure that power is only actually delivered if the connectors are firmly seated. The RTX 50-series cards use the 12V-2x6 connector.