Good Revenue

Anthropic just hit a $965B valuation and is now worth more than OpenAI. How did they get here so fast, and what does it mean for OpenAI's IPO?In this episode, we break down Anthropic's $65B Series H led by Sequoia, Altimeter, and Greenoaks, the Opus 4.8 model launch, and why Andrej Karpathy leaving for Anthropic matters. We also dig into OpenAI's IPO dilemma, their $25B revenue run rate versus Anthropic's $47B, missed user targets, and Sam Altman's surprising reversal on AI-driven job loss.CHAPTERS00:00 Anthropic overtakes OpenAI in valuation01:05 Capital efficiency and total fundraising compared02:04 Anthropic revenue run rate hits $47B03:00 Claude Code, Mythos preview, and the Discord hack05:35 Andrej Karpathy joins Anthropic06:30 Opus 4.8 features, effort control, and sub-agents08:20 Benchmarks and third-party accuracy concerns09:35 Carnegie Mellon sleep study and model performance10:35 OpenAI's IPO dilemma and CFO tensions12:30 OpenAI misses user targets and revenue lags14:33 Sam Altman walks back the jobs apocalypseIF YOU LIKED THIS, WATCH:→ Mythos Hacked by a Guess https://youtu.be/t-POODHfeZQ→ Mythos is Too Powerful to Release: https://youtu.be/ai_oGfsNa2g→ Pope Leo Comes for AI & Tech Despots: https://youtu.be/8HvB90SK-FsSOURCES & FURTHER READINGAI Model Releases and Product UpdatesAnthropic Series H Explained What It Means for the Future of AI Scaling: https://www.anthropic.com/news/series-h Claude Opus 4.8 Capabilities Breakthrough Performance Benchmarks and Use Cases: https://www.anthropic.com/news/claude-opus-4-8 Claude Code Dynamic Workflows New Automation Features for Developers: https://claude.com/blog/introducing-dynamic-workflows-in-claude-code New AI Research Paper Insights Into Next Generation Model Architectures: https://arxiv.org/pdf/2605.26099Funding Growth and AI Market CompetitionOpenAI Funding Rounds Full Breakdown Investors Valuation and Growth Timeline: https://tracxn.com/d/companies/openai/__kElhSG7uVGeFk1i71Co9-nwFtmtyMVT7f-YHMn4TFBg/funding-and-investors#funding-rounds Anthropic Funding History المستثمر Breakdown Valuation Growth and Key Backers: https://tracxn.com/d/companies/anthropic/__SzoxXDMin-NK5tKB7ks8yHr6S9Mz68pjVCzFEcGFZ08/funding-and-investors The Math Behind Anthropic Explosive Revenue Growth and AI Market Share Expansion: https://www.theinformation.com/newsletters/dealmaker/math-behind-anthropics-mad-revenue-growth OpenAI Revenue Miss What It Means for IPO Plans and AI Industry Competition: https://www.wsj.com/tech/ai/openai-misses-key-revenue-user-targets-in-high-stakes-sprint-toward-ipo-94a95273Talent Wars and Industry MovesAnthropic Hires Andrej Karpathy Strategic Talent Shift in the AI Arms Race: https://www.cnbc.com/2026/05/19/anthropic-hires-openai-cofounder-andrej-karpathy-former-tesla-ai-lead.htmlAI Jobs Economy and Future of WorkSam Altman Says AI Will Not Cause Job Apocalypse What Changes Instead: https://www.reuters.com/world/asia-pacific/openais-altman-says-ai-unlikely-lead-jobs-apocalypse-2026-05-26/ Economic Futures in the Age of AI How Automation Will Reshape Jobs and Growth: https://openaifoundation.org/news/economic-futures-in-the-age-of-ai 

Pope Leo XIV just called for AI to be disarmed. Not banned but stripped of wanton military, economic, and cognitive power before it's too late. The Vatican released the Magnifica Humanitas just as Anthropic hits $10.9B in projected revenue this quarter and OpenAI stumbles toward its IPO before time runs out for an exit.CHAPTERS00:00 Pope Leo XIV calls for AI disarmament00:54 Core warnings: autonomous weapons and biased algorithms01:35 Magnifica Humanitas explained03:12 Five themes from the document05:34 Anthropic at the Vatican and the IPO race06:17 Anthropic revenue hits $10.9B06:46 OpenAI resolves Musk lawsuit, files confidentially with SEC07:32 Why OpenAI must go public before Anthropic08:00 Why the Pope's message matters nowIF YOU LIKED THIS, WATCH:→ OpenAI Must IPO First At Any Price, Anthropic is Crushing Them (Charts!):https://youtu.be/PVDw6b4tb5w → Elon Musk Just Exposed OpenAI's Biggest Secret in Court: https://youtu.be/b5Ye6iYzM6E→ Anthropic’s Mythos AI Hacked By a Good Guess, and Big Tech Still Gives Them Another $65B: https://youtu.be/t-POODHfeZQ → SpaceX $75 Billion IPO Scheme Exposed, What Do You Even Get? https://youtu.be/Cu2uxh6noc8 SOURCES & FURTHER READINGPope Calls for AI Common SensePope Leo XIV Calls for Disarmament of AI: https://www.vatican.va/content/leo-xiv/en/encyclicals/documents/20260515-magnifica-humanitas.html Pope Leo XIV Disarmament of AI Remarks at the Vatican: https://www.youtube.com/watch?v=aaYJ_4QcZfE Anthropic Support for Pope Leo XIV’s Call: https://www.anthropic.com/news/chris-olah-pope-leo-encyclicalAnthropic’s BusinessAnthropic’s Mind Blowing Growth Propelling It’s First Profitable Quarter: https://www.wsj.com/tech/ai/mind-blowing-growth-is-about-to-propel-anthropic-into-its-first-profitable-quarter-7edbf2f4? #ArtificialIntelligence #VaticanAI #AnthropicIPO #GoodRevenue

Gas hit $4.56 this Memorial Day weekend and consumer sentiment just dropped to an all-time low. The Strait of Hormuz conflict is draining global oil reserves at a record pace, and the latest truce talks don’t seem stable at all. So energy businesses from utilities to autos are rethinking everything as the largest utility merge in the world, NextEra-Dominion, could reshape electricity prices on the entire Eastern Seaboard and Ford gets serious about building batteries even though it threw away it’s electric vehicle business.CHAPTERS00:00 Gas prices hit a four-year high this Memorial Day00:56 Why this summer could be worse than 202201:13 Walmart's pump data signals consumer stress01:36 Consumer sentiment drops to an all-time low02:05 IEA report: global oil reserves are depleting fast02:27 US crude and gas reserve charts explained02:41 How 54 countries are responding and why the US isn't03:52 What to expect this summer for energy prices04:03 NextEra and Dominion merger: what it means for electricity04:34 Ford's $20 billion EV writedown and the Ford Energy spin-off06:15 Wrap-upIF YOU LIKED THIS, WATCH:→ Ford Struggles to Sell Cars in China: https://youtu.be/uvOGcIjL1_I→ China's Auto Export Tsunami Crushes Global Markets:https://youtu.be/fbOx5HsYMoo → Auto Sector Update: https://youtu.be/Q__ke5iP51Y SOURCES & FURTHER READINGGas Prices and Consumer TrendsMemorial Day Gas Prices Hit Four Year High What Drivers Need to Know in 2026: https://gasprices.aaa.com/memorial-day-weekend-gas-prices-reach-four-year-highs/ Latest US Consumer Sentiment Data Signals Economic Outlook Shift: https://www.sca.isr.umich.edu/ Energy Deals and Power Industry ShiftsMassive 67 Billion Energy Deal Reshapes US Power Market and Utility Landscape: https://www.wsj.com/business/energy-oil/nextera-to-buy-dominion-energy-in-67-billion-deal-cc3c94b0? How a Major Utility Acquisition Signals the Future of Electricity Demand and AI Growth: https://apnews.com/article/nextera-dominion-ai-electricity-utility-1916dc2187883c0d4eaf69ce11c51c75 Global Energy Market Shakeups and Investment Trends to Watch Right Now: https://www.ft.com/content/f636f726-b185-4f6a-91d2-75ea3d1b9beb? Key Economic Forces Driving Energy and Infrastructure Investment in 2026: https://www.ft.com/content/b26ba4ce-4324-4ea9-926d-caf036f20832 Automakers Pivot to EnergyWhy US Automakers Are Shifting From EVs to Energy and Power Solutions: https://www.wired.com/story/after-struggling-with-evs-us-automakers-pivot-to-energy/ Ford Energy Explained How Ford Plans to Transform Home Power and EV Charging: https://www.fromtheroad.ford.com/us/en/articles/2026/introducing-ford-energy/ 

A new landmark study traced $3.3 trillion in Chinese foreign investment across 161,000 companies in 159 countries and what it found about patent harvesting should concern every Western economy.The research, published by the US National Bureau of Economic Research, reveals how Chinese state-owned enterprises and private investors have systematically targeted pre-patent, R&D-intensive firms in North America and Europe since 2012. More than $800 billion of that investment flowed through the Cayman Islands alone, obscuring ownership and bypassing standard foreign direct investment reporting. The strategy traces directly to the Made in China 2015 initiative, which directed Chinese firms to acquire and repatriate foreign intellectual property and the data shows it is working.CHAPTERS00:00 Chinese foreign investment study overview01:43 Scale of Chinese outward investment02:48 Tax havens and Cayman Islands routing03:27 How state-owned enterprises execute acquisitions04:53 Innovation spill back and patent harvesting05:41 Crowding out R&D in peer firms06:03 Made in China 2015 connection06:40 Weaknesses in foreign direct investment measurement07:20 Geopolitical implications and US-China relations08:15 Section 301 investigations and trade rerouting09:26 Fake LLCs and import duty evasionIF YOU LIKED THIS, WATCH:→ US China Secret Cold War Escalates Over AI, Tariffs & More: https://youtu.be/DD3BOZPOHdA → China's $112B US Tariffs Cheat Revealed: https://youtu.be/aA_6BWeKHJM SOURCES & FURTHER READINGChina Trade Strategy and Tariff Evasion Risks* New Research on How Firms May Circumvent Tariffs Through Global Supply Chains: https://www.nber.org/papers/w35106 China State Control and SOE Power* How China Strengthens Communist Party Control Over State Owned Enterprises: https://www.scmp.com/economy/china-economy/article/3045053/china-cements-communist-partys-role-top-its-soes-should * Why China’s State Owned Enterprise Model Shapes Global Competition: https://www.ft.com/content/2b2fab66-16ea-48a7-a4cd-93022d8a13d2 * US State Department Brief on China State Owned Enterprises: https://www.state.gov/report/custom/bf839f4338 * US Library of Congress Brief on China State Owned Enterprises: https://guides.loc.gov/us-trade-with-china/state-owned-enterprises US China Tensions and Strategic Conflict* Official China Readout of US China Talks and Strategic Positioning: https://www.fmprc.gov.cn/eng/wjbzhd/202605/t20260516_11911719.html * Why the US and China Disagree on Strategic Stability and Global Order: https://www.cfr.org/articles/china-and-the-u-s-agreed-to-strategic-stability-in-beijing-they-dont-define-it-the-same-way * Key Outcomes and Hidden Tensions from the Trump Xi Summit Deals: https://www.cnbc.com/2026/05/18/us-china-announce-deals-after-trump-xi-summit.html * Inside the Latest US China Negotiations and What Remains Unresolved: https://www.ft.com/content/aed42b42-0ca2-4104-848a-c8bca33fd837?syn-25a6b1a6=1

OpenAI just won a major legal battle against Elon Musk, but are they about to lose the IPO race anyway in the hottest year ever for public offerings? The Musk v. OpenAI trial ended in just two hours with a verdict for the defense, but the reputational damage from testimony may matter more than the legal outcome. Sam Altman now faces a House Oversight inquiry over $2 billion in stakes he holds in companies tied to OpenAI, while OpenAI misses targets and the CFO says it's not ready for public markets. Meanwhile, Anthropic just beat OpenAI in crucial metrics for the first time as it cruises towards a successful IPO this year.CHAPTERS00:00 Musk v. OpenAI verdict: jury rules in two hours02:35 What the verdict means for OpenAI's IPO timeline03:20 OpenAI's missed revenue targets and CFO warning03:47 Sam Altman's $2 billion conflict and Congress inquiry04:20 Anthropic's $30 billion raise and $900 billion valuation05:40 Anthropic overtakes OpenAI in enterprise market share07:08 The 2026 IPO landscape: SpaceX, Anthropic, OpenAI07:30 Cerebras goes public: 70% pop, then a 10% drop09:07 SpaceX IPO: June 12 target, governance risks, and Nasdaq index rules10:45 Who actually benefits from the Nasdaq fast-track rule changeIF YOU LIKED THIS, WATCH:→ Elon Musk Just Exposed OpenAI's Biggest Secret in Court: https://youtu.be/b5Ye6iYzM6E → SpaceX $75 Billion IPO Scheme Exposed, What Do You Even Get?https://youtu.be/Cu2uxh6noc8 SOURCES & FURTHER READINGOpenAI vs Elon Musk Trial Verdict* Jury sides with OpenAI in Elon Musk lawsuit what it means for AI control and governance: https://apnews.com/article/musk-openai-trial-verdict-0b9b0bfaffe96f2c930341f52dfe4f8c* Federal jury rules for OpenAI in Musk feud key legal takeaways for the AI industry: https://www.ksat.com/business/2026/05/18/federal-jury-sides-with-openai-in-feud-with-elon-musk/* OpenAI beats Elon Musk in high stakes trial implications for AI power and partnerships: https://www.cnbc.com/2026/05/18/musk-altman-openai-trial-verdict.htmlCerebras IPO and AI Chip Boom* Cerebras IPO price range revealed what it signals for AI chip demand and investors: https://www.cnbc.com/2026/05/10/cerebras-ipo-price-range.html* Cerebras blockbuster IPO fuels AI hype across OpenAI Anthropic and SpaceX: https://www.cnbc.com/2026/05/16/cerebras-blockbuster-ipo-boosts-hype-for-spacex-openai-anthropic.html* AI chip boom risks overheating why the surge could lead to a market correction: https://www.wsj.com/finance/stocks/ai-chip-mania-sows-seeds-of-its-own-destruction-203b6e3fAI IPO Race and Valuation Surge* SpaceX OpenAI and Anthropic lead the most anticipated IPOs of 2026: https://finance.yahoo.com/markets/article/spacex-openai-and-anthropic-here-are-the-most-anticipated-ipos-in-2026-114439441.html* Anthropic shadow IPO market hints at trillion dollar valuation surge in AI: https://finance.yahoo.com/markets/article/anthropics-shadow-ipo-market-is-already-flashing-trillion-dollar-prices-141451664.html* Congress investigates Sam Altman over $2B in self-dealing before IPO:https://www.wsj.com/tech/ai/sam-altmans-business-dealings-under-gop-scrutiny-ahead-of-openais-ipo-52c1cc4d Anthropic Investor Warnings and Scams* Anthropic warns investors about risky stock deals and AI investment traps: https://finance.yahoo.com/markets/stocks/articles/anthropic-warns-investors-avoid-certain-165237624.html* Official alert on unauthorized Anthropic stock sales and how to avoid scams: https://support.claude.com/en/articles/13704655-unauthorized-anthropic-stock-sales-and-investment-scamsOpenAI vs Anthropic Rivalry* OpenAI vs Anthropic rivalry explained with key charts shaping the AI race: https://pitchbook.com/news/articles/3-charts-to-catch-up-on-the-openai-anthropic-rivalry

AI CapEx is projected to hit $725B this year, up 77% from $410B, as the Iran war pressures the global economy, with AI/tech and oil and gas outperforming while other sectors struggle. Saudi Aramco warns gas and jet fuel stockpiles could reach critically low levels if the Strait of Hormuz can’t reopen, and the New York Fed’s Global Supply Chain Pressure Index is at its highest since COVID-era peaks. All while Google surges, Meta falters, and Microsoft tests out usage based pricing under margin pressure. Meanwhile, OpenAI’s woes multiply under the weight of an astounding burn rate and an inability to close financing for a critical AI chip deal with Broadcom. Where does all the spending take us in the end? CHAPTERS00:00 AI CapEx hits $725B and why it should concern investors00:35 How the Iran war is reshaping global sector performance01:16 Global Supply Chain Pressure Index reaches post-COVID peak02:20 Big Tech CapEx breakdown 14 Meta, Microsoft, Alphabet, Amazon02:43 Google Cloud wins the quarter with 63% revenue growth03:00 Microsoft shifts to usage-based pricing under margin pressure04:13 Why Meta's CapEx spending is alarming investors05:05 OpenAI's $18B financing deal is stalling05:28 Missed growth targets and a $115B projected burn at OpenAI06:00 OpenAI's IPO ambitions versus the CFO's concerns06:23 Musk vs. Altman trial 14 Satya Nadella testifies07:13 Microsoft's $13B investment in OpenAI and the nonprofit dispute08:03 What Elon Musk is actually asking the court for08:44 Apple's AI strategy and the new CEO's biggest question09:18 Apple closes a chip deal with Intel09:42 Why the U.S. government owns 10% of IntelIF YOU LIKED THIS, WATCH:→ Record High Gas Prices Thanks to Iran War, Plus UAE Leaves OPEC: https://youtu.be/SAJUfTa30sA→ Elon Musk Just Exposed OpenAI's Biggest Secret in Court: https://youtu.be/b5Ye6iYzM6E → What’s Apple Going to Do About AI? https://youtu.be/EQEzwYxllLQ SOURCES & FURTHER READINGGlobal Supply Chain Stress SignalsGlobal supply chains hit worst disruption levels since Covid shock data shows: https://www.newyorkfed.org/research/policy/gscpi#/interactiveAI Spending Boom And Big Tech CapexAI spending explosion revealed as Big Tech races toward 725 billion hyperscaler capex surge: https://finance.yahoo.com/markets/article/magnificent-7-earnings-rush-reveals-ai-spending-surge-with-hyperscaler-capex-set-to-reach-725-billion-in-2026-224901707.htmlBig Tech AI boom could push capital expenditures past 1 trillion by 2027: https://www.cnbc.com/2026/04/30/ai-boom-big-tech-capital-expenditures-now-seen-topping-1-trillion-in-2027-.htmlCloud Profits And AI Cost PressuresMicrosoft cloud margins squeezed as AI demand surges and pricing shifts begin: https://thein.fo/3Pba385AI costs reshape Big Tech profitability and force strategic pricing changes: https://www.ft.com/content/2138e81c-4d86-46f4-8ca0-287f8b737cdf?syn-25a6b1a6=1AI Chips And Infrastructure RaceOpenAI seeks 18 billion in funding to dominate next generation AI chip race: https://finance.yahoo.com/sectors/technology/articles/openai-18-billion-chip-financing-190457172.htmlApple and Intel move toward major chipmaking deal to secure AI future: https://www.wsj.com/tech/apple-intel-have-reached-preliminary-chip-making-agreement-69eb9370?mod=hp_lead_pos2AI chip boom turns unexpected companies into breakout tech stock winners: https://www.wsj.com/finance/stocks/the-chip-craze-is-turning-a-glass-company-and-a-toilet-maker-into-ai-stocks-67198276?mod=hp_lead_pos3AI Power Struggles And Industry DramaMicrosoft CEO Satya Nadella pulled into Musk and Altman AI power battle: https://www.cnbc.com/2026/05/11/microsoft-ceo-satya-nadella-musk-altman-trial.html

The US-China summit is touted as a breakthrough, but 4 unresolved conflicts stand in the way: AI chip export controls and smuggling routes through Singapore and Thailand, China’s satellite support for Iran, the Taiwan reunification deadline of 2027, and the decades-long unfair China trade disputes and Section 301 investigations at the USTR. Between the Supermicro founder personally smuggling NVIDIA servers to China, NVIDIA Blackwell and Vera Rubin chip restrictions, the Shadow Fleet sanctions evasion network in Hong Kong, are there just too many issues to resolve peacefully?CHAPTERS00:00 Why this summit won't produce a real deal00:56 AI chips: export controls and smuggling routes02:30 The Supermicro indictment and Thailand routing03:51 China distilling US AI models04:18 Iran: satellites, shadow fleets, and China's role06:37 Taiwan: the 2027 reunification deadline07:45 TSMC and the commercial stakes of Taiwan08:18 Trade: 30 years of imbalance and dumping09:12 Tariff legal battles and court defeats10:22 Section 301 investigations: what the data shows12:14 Vietnam, Mexico, and masked Chinese imports13:16 Comparative advantage vs. deliberate dumping14:30 Why rigorous investigations beat executive tariffs15:06 What to expect after the summitIF YOU LIKED THIS, WATCH:→ China Smmugles AI Chips Even While Claiming It Doesn’t Want Them: https://youtu.be/uKjWfRgDfRM→ Mythos AI Is Too Powerful For General Access: https://youtu.be/ai_oGfsNa2g→ Mythos AI Hack, Big Tech Isn’t Worried Enough: https://youtu.be/t-POODHfeZQ→ China’s Selling Satellites to Iran to Target the US: https://youtu.be/SAJUfTa30sA→ China Cheats US Tariffs With Fake Shell Companies: https://youtu.be/aA_6BWeKHJM→ China Broke the WTO and Global Commerce: https://youtu.be/gY6bZwhASPw→ China Dumps EVs Into Global Markets to Prop Up Its Economy & Ruin Competitors: https://youtu.be/fbOx5HsYMoo→ How China Leads Global Sanctions Evasion & Shadow Fleet Through Hong Kong: https://youtu.be/f_-kMZeCXjsSOURCES & FURTHER READINGUS China Relations and Summit Watch* US Senators Push for Stability and Cooperation with China Amid Rising Tensions: https://www.reuters.com/business/aerospace-defense/us-senators-urge-stability-cooperation-between-us-china-2026-05-07/* Trump Xi Beijing Summit What to Watch: https://www.csis.org/analysis/trump-xi-summit-beijing-managing-worlds-most-important-relationship* Five Critical Things to Watch as Trump Heads to Beijing for High Stakes Talks: https://www.brookings.edu/articles/five-things-to-watch-as-trump-goes-to-beijing/* Trade Uncertainty Looms Ahead of Trump Xi Summit What It Means for Global Markets: https://www.atlanticcouncil.org/blogs/econographics/as-the-trump-xi-summit-draws-closer-trade-uncertainty-still-looms-large/* China Spy Satellites Expansion Raises Global Security and Surveillance Concerns: https://www.ft.com/content/1fddd2cd-1294-4e9c-a17d-5ea06b399355?syn-25a6b1a6=1* China Accused of Supplying Drone Factories in Iran and Russia Despite US Sanctions: https://www.wsj.com/world/china-is-still-supplying-drone-factories-in-iran-russia-despite-u-s-sanctions-1e6820ca?* Detecting AI Model Distillation Attacks From China: https://www.anthropic.com/news/detecting-and-preventing-distillation-attacksSanctions Export Controls and Evasion* China Sanctions Evasion Network Exposed How Beijing Circumvents Export Controls: https://www.uscc.gov/research/chinas-facilitation-sanctions-and-export-control-evasion* US Sanctions Hit Chinese Companies as Enforcement Pressure Intensifies: https://www.ft.com/content/f0774270-bf41-41da-98ba-b4cb034cbf67* Nvidia Chips Smuggled to China via Thailand US Raises Major Security Concerns: https://www.bloomberg.com/news/articles/2026-05-08/us-said-to-suspect-nvidia-chips-smuggled-to-alibaba-via-thailand* US China Trade and Sanctions Policy: https://www.linkedin.com/posts/peter-harrell-4129647a_i-have-been-reviewing-comments-submitted-share-7453848181735518208-smWj?

Paramount just asked the FCC to let foreign investors control nearly half of American TV, with an option to eventually own the majority of the firm. The filing says the Ellisons would retain voting control and foreign investors would have no board seats, but critics warn extreme financing risks born by the Ellison family and Oracle could effectively cede control. What does this mean for American media?CHAPTERS00:00 Paramount files for FCC approval on foreign ownership waiver01:47 How the 49.5% structure avoids CFIUS review03:31 Gulf investors breakdown: Saudi PIF, Qatar, UAE stakes04:40 Hollywood opposition, job cuts, and the failed Disney Fox precedent06:01 Oracle debt crisis and Ellison financing risk07:41 OpenAI Stargate pullback and the Jenga tower of obligations09:14 California and New York antitrust pushback10:38 What happens next with FCC and state-level oppositionIF YOU LIKED THIS, WATCH:OpenAI's Elon Musk Trial and What It Means for the AI Bubble: https://youtu.be/b5Ye6iYzM6EParamount’s Debt Crisis: https://youtu.be/vSfCEWRhBRQSOURCES & FURTHER READING**Foreign Ownership and FCC Regulation**- Paramount FCC pre-clearance filing on foreign ownership cap waiver: https://docs.fcc.gov/public/attachments/DA-26-411A1.pdf- Federal rules on foreign ownership of broadcast licenses (FCC.gov): https://www.federalregister.gov/documents/2026/04/09/2026-06866/review-of-foreign-ownership-policies-for-broadcast-common-carrier-and-aeronautical-radio-licensees- What CFIUS reviews and when it triggers: https://home.treasury.gov/policy-issues/international/the-committee-on-foreign-investment-in-the-united-states-cfius/cfius-overview**Paramount and Warner Bros Discovery Merger**- Timeline of the Paramount Skydance merger and debt restructuring: https://variety.com/2026/film/news/paramount-warner-bros-foreign-ownership-middle-eastern-funds-1236731732/- California AG opposition to the Paramount Warner merger: [insert link]- 34 California Democrats' letter requesting antitrust review: https://ts2.tech/en/paramount-warner-bros-deal-faces-new-california-antitrust-test-as-lawmakers-push-bonta/- Fox Films cut back: https://filmstories.co.uk/news/disney-is-halving-the-number-of-films-that-fox-makes**Oracle and Ellison Finances**- Oracle raises $50 billion in debt for data center expansion: https://www.wsj.com/tech/ai/oracle-ai-demand-debt-04977749- Ellison debt financing for Warners deal: https://variety.com/2026/biz/news/paramount-debt-financing-warner-bros-discovery-deal-1236712406/- Paramount has excessive debt tied to Warner Brothers Discover deal: https://www.reuters.com/business/media-telecom/paramount-ceo-says-warner-bros-tie-up-carry-79-billion-net-debt-no-cable-asset-2026-03-02/