Financial Times:
Netflix co-CEO Greg Peters expects Netflix to win WBD, says Paramount's bid “doesn't pass the sniff test” and a “very small” number of WBD holders backed it  —  Co-chief Greg Peters says Netflix is winning Warner Bros shareholder support for a deal that would upend Hollywood

The Marvel Spotlight banner gets its second ground-level series in this winning MCU comedy-drama about an actor with superpowers trying to land a gig.

Bloomberg:
Sources: Fei-Fei Li's World Labs is in discussions with investors to raise hundreds of millions at a valuation of $5B; World Labs was last valued at $1B in 2024  —  Artificial intelligence pioneer Fei-Fei Li has had discussions with investors to raise hundreds of millions in funding for her startup …

Kyle Baird / The Block:
BitGo closed up ~2.7% at $18.49 per share in its NYSE debut on Thursday which saw shares jump as much as 36% intraday, after raising $212.8M in its IPO  —  Partner offers  —  Quick Take  — Investors briefly bid shares well above the IPO price before the market snapped back near the $18 offering level.

Financial Times:
TikTok's new majority US-owned JV includes investors Oracle, Silver Lake, and Abu Dhabi's MGX, each holding 15%, and Dell Family Office; ByteDance retains 19.9%  —  Video app sets up American unit to handle data and algorithm security  —  TikTok has established a US data security unit …