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Kultura Brands Appoints Brent Albin as President of Its Developing Subsidiary, Kultura Holdings
Accessnewswire· 2025-12-03 17:05
***Entertainment dealmaker behind major celebrity ventures with Snoop Dogg, Ice Cube, Kevin Smith & Jay Mewes appointed to lead Kultura's next phase of high-visibility brand expansion*****JACKSON, WY /[ACCESS Newswire](https://www.accessnewswire.com/)/ December 3, 2025 /****Kultura Brands, Inc.**(OTCID:LTNC), formerly Labor Smart, today announced the launch of**Kultura Holdings**, a new wholly owned subsidiary designed to fast-track celebrity partnerships, entertainment-driven licensing, major brand collabo ...
COMCAST TO PROVIDE $60,000 TO ASSIST WITH FOOD INSECURITY IN THE BAY AREA
Globenewswire· 2025-12-03 09:02
Core Insights - Comcast has announced grants of $30,000 each to Samaritan House and Second Harvest of Silicon Valley to support families facing food insecurity during the holiday season [2][3][4] - The contributions are part of Comcast's broader commitment to community support, having invested over $130 million in cash and in-kind donations in California over the past three years [4] Group 1: Community Support Initiatives - Comcast's grants aim to provide comfort and nutritious meals to families in need during the holidays [2] - The support will benefit Second Harvest's network of 400 nonprofit organizations, which distribute food at over 900 sites [3] - Comcast's Vice President of External Affairs emphasized the importance of community support during challenging times [3] Group 2: Previous Contributions - In addition to the recent grants, Comcast contributed $15,000 to the San Bruno Firefighters Association for their Holiday Toy Program and $50,000 to the San Bruno Education Foundation earlier this year [4] - These contributions reflect Comcast's ongoing commitment to local communities and addressing various needs [4] Group 3: Company Overview - Comcast Corporation is a global media and technology company, providing broadband, wireless, and video services through brands like Xfinity and Sky [5] - The company also produces and streams entertainment, sports, and news content through NBC, Telemundo, Universal, and Peacock [5]
Paramount Skydance has a ‘plan B' if Netflix wins auction for Warner Bros. Discovery: sources
New York Post· 2025-12-02 23:12
If Warner Bros. Discovery is leaning toward Netflix’s offer in the high stakes race for the company’s assets, rival bidder Paramount Skydance has a “Plan B” to win the auction, On The Money has learned.Netflix has made a majority cash offer to purchase the Warner Bros. studio and HBO Max while Paramount Skydance has made an all-cash bid for the whole company including cable channels CNN and HBO, the sources said. WBD could pick a winning bidder as early as this week, people close to the process tell The Pos ...
US-Russia Talks Yield Mixed Signals on Ukraine, Corporate Giants Make Strategic Moves
Stock Market News· 2025-12-02 22:08
Geopolitical Tensions - US-Russia talks concluded with mixed signals regarding the Ukraine crisis, with Kremlin aide Ushakov stating that no resolution is closer despite the conversations being described as "useful, constructive and meaningful" [2][8] - Multiple Ukraine settlement options were discussed, and President Putin conveyed "several important political signals" to President Trump [3][8] Media and Technology Sector - Comcast (CMCSA) has renewed efforts to merge its NBCUniversal division with Warner Bros. Discovery (WBD) through a proposed cash-and-stock deal, aiming to create a dominant entertainment entity and enhance its Peacock streaming platform [4][8] - OpenAI CEO Sam Altman declared a "code red" to accelerate upgrades to ChatGPT, reallocating resources amid intensifying competition from tech giants like Google (GOOGL) and Anthropic [5][8] Philanthropy and Healthcare - Michael Dell, CEO of Dell Technologies (DELL), and his wife committed $6.25 billion to fund 25 million "Trump Accounts," providing $250 to children under 10 who do not qualify for the federal $1,000 contribution [6][8] - A deep congressional stalemate threatens the future of Obamacare subsidies, which could lead to insurance premiums doubling for over 20 million Americans starting January 1st [7][8] Energy Market - Latest U.S. API data indicates an increase in crude oil inventories by 2.48 million barrels and distillate stocks by 2.88 million barrels, suggesting a build in U.S. petroleum product inventories [9]
Condé Nast Looks to Amazon's 'Out-Of-The-Box' Capabilities
Bloomberg Technology· 2025-12-02 21:13
You're kind of bucking a trend that we've been talking about throughout the year in the context of I actually on premise kind of in back when is being run at the edge going the other way from on prem, relying heavily on AWB. The rationale. Well, we are we are actually users of air.We are not like some of these Al-Alam companies that are creating and training their own models, although we have trained models in the past but at a much smaller scale. So for us investing in infrastructure and building out data ...
Who Will wind up buying Warner Bros. Discovery?
Youtube· 2025-12-02 20:26
Group 1: Warner Brothers and Bidding Activity - Warner Brothers shares have increased nearly 2% amid a second round of bids from Netflix and Paramount Skydance's Comcast, with a cash offer from Netflix and debt financing from Apollo [1] - An auction for the bids could conclude in the coming days or weeks, with binding offers allowing the board to quickly finalize a deal if terms are met [2] - There is speculation that companies may adjust their offers to maximize shareholder value, indicating a competitive bidding environment [2][3] Group 2: Bayer's Legal Challenges - Bayer's shares have reached their highest level since January 2024, increasing by as much as 14% due to the Trump administration urging the Supreme Court to hear Bayer's appeal regarding Roundup weed killer lawsuits [4] - The company has faced significant legal challenges since acquiring Monsanto in 2018, having paid over $10 billion in verdicts related to Roundup [5] Group 3: MongoDB and Janika Therapeutics - MongoDB shares have surged by as much as 23% following stronger-than-expected results and an increased forecast [6] - In contrast, Janika Therapeutics shares have plummeted more than 40% due to disappointing early-stage clinical trial data for a prostate cancer treatment [7] Group 4: Signet Jewelers' Holiday Outlook - Signet Jewelers, the parent company of Kay and Zales, has seen its shares decline by about 3% despite beating quarterly earnings, as it projects a challenging holiday season [8]
X @TechCrunch
TechCrunch· 2025-12-02 18:04
Netflix launches a mobile-friendly version of Red Dead Redemption https://t.co/grCDLY1EMi ...
AWS Powers Sony's Enterprise AI and Engagement Platforms
Businesswire· 2025-12-02 16:00
AWS Powers Sony's Enterprise AI and Engagement Platforms Share Sony uses Amazon Bedrock AgentCore to scale agentic capability across its global workforce while maintaining enterprise-grade security LAS VEGAS--(BUSINESS WIRE)--At AWS re:Invent, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced that Sony Group Corporation is using AWS's comprehensive set of artificial intelligence (AI) services to accelerate its enterprise use of AI and to build Sony's Engagement Pla ...
Warner Bros Stock Strengthens as Bidders Drive a Higher Implied Value
Investing· 2025-12-02 13:15
Market Analysis by covering: Warner Bros Discovery Inc, Netflix Inc. Read 's Market Analysis on Investing.com ...
Sam Altman Declares Code Red
Seeking Alpha· 2025-12-02 11:57
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Spotify.Getty Images Good morning! Here is the latest in trending:Sweetened offer: Warner Bros. Discovery (WBD) received a mostly cash offer from Netflix (NFLX), which is arranging a bridge loan worth tens of billions of dollars for its bid.Tariff refund: Costco (COST) sued the U.S. government to ensure it gets a full refund of tariffs if the Supreme Court rules against President Trump's levie ...