Warner Bros. has a lawsuit against Paramount for $500 million
South Park: An End to End Game For The CWD Westonazimuthal XMM-Newton Comedy Streaming License
The entire library of the show, as well as the 30 new episodes for seasons 24, 25, and 26 were intended to be brought on by the deal. However, Warner Bros. Discovery alleges it didn’t get what it paid for. South Park Digital Studios did not deliver on its promise of 10 new episodes each season and charged the company extra for the 50-minute Pandemic Special.
Nearly all “South Park” episodes air first on Paramount-owned Comedy Central. The creators of “South Park” auctioned off streaming rights to the first 23 seasons of the show.
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The truth social is in danger of being ruined by the hacking lawsuit
US-based investment firm DWAC, founded by former President Donald Trump, has sued one of its former employees over “stolen information”. The firm claimed that ex-DWAC executive Orlando Swider, who left the company in 2018, received “stolen information” from another employee. DWAC was valued at more than $5 billion despite reporting just over $4 million in revenue in 2023.
The electric car company abandoned plans to make a less expensive vehicle
Tesla CEO Elon Musk has announced that the electric automaker will unveil its self-driving car on August 8. He added that the company is targeting production of the car by 2025. Earlier this year, Musk had said that Tesla was targeting production “towards the end of 2025” but warned of delays due to the complexities of the manufacturing process.
There have been job gains in March
Kwest Group CEO Ryan Odendahl has said that the company is seeing more project opportunities for its employees, and that young people are starting to see the opportunity in the industry. He added that they need to do a better job as an industry of telling the “great things” happening in construction. The US construction industry created 39,000 jobs in March.
Sam Bankman- Fried was sentenced to 25 years for fraud
Ex-CEO of FTX, Michael Bankman-Fried, was on Monday sentenced to 100 years in prison in US after he was found guilty of siphoning off $8 billion from the company’s customer funds. Judge Lewis Kaplan said the sentence was “appropriate”, adding that Bankman-Fried “has already betrayed many people”. Bankman-Fried has been in jail because prison doesn’t offer a vegan diet.
The Port jobs are at risk after the Baltimore disaster
The Port of Baltimore is the ninth busiest port in the US and handled around 3% of imports along the east and Gulf Coast last year, according to S&P Global Market Intelligence. Disruptions at the port will have consequences and can led to ripple effects, Professor Tinglong Dai at Johns Hopkins University said. He expects the port to become more important in the coming decades.
On the first day of trading, stock surged
Reddit’s initial public offering, the largest ever by an American company, has raised $2 billion in the first-ever IPO by a Chinese firm. The company had confidentially filed for its IPO in October last year. Reddit was founded by a pair of students in 2005 at the University of Virginia and has grown over the years to over 1 million users daily.