Samsung announced the upcoming launch of the Galaxy F70e 5G on February 9. The Galaxy F70 series places the camera at the centre of the smartphone experience. Gurugram: Samsung, India's leading consumer electronics brand, announced the upcoming launch of the Galaxy F70e 5G on February 9
The trailer highlights Michael Jackson's childhood and the influence of his father, Joe Jackson, portrayed by Colman Domingo. Washington: Lionsgate has released a new official trailer for 'Michael', the much-anticipated biopic chronicling the life of pop icon Michael Jackson
Hyundai Motor India Limited on Monday reported a solid performance in the third quarter (Q3) of FY26, with its consolidated net profit rising 6.3 per cent year-on-year to Rs 1,234.4 crore. Mumbai: Hyundai Motor India Limited on Monday reported a solid performance in the third quarter (Q3) of FY26
The Congress on Tuesday (February 3, 2026) demanded that the Modi government should take Parliament into confidence and the text of both the EU and U.S. trade deals must be laid on the table of both Houses and debated. Congress general secretary in-charge communications Jairam Ramesh said that from
Carl Bildt said the EU-India trade deal pressured the US to cut tariffs to 18 per cent, a move welcomed by President Trump and Prime Minister Modi as strengthening India-US economic ties. Former Swedish Prime Minister and Co-Chair of the European Council on Foreign Relations
With Budget 2026 now in place, market attention is shifting to the Reserve Bank of India's next big policy signal. The upcoming meeting of the Monetary Policy Committee (MPC) is scheduled for February 4 to 6, 2026 and it will be the last policy review of the current financial year. Investors
Opposition leader Rahul Gandhi on Tuesday asked why he was being stopped from discussing an excerpt from former Indian Army chief Manoj Mukund Naravane's unpublished memoir, saying that the matter related to national security. Gandhi's remarks on Tuesday came during a discussion in the Lok Sabha on
The Paris prosecutors' office said a search was underway Tuesday at the French offices of Elon Musk's social media platform X as part of a preliminary investigation into a range of alleged offences, including spreading child pornography and deepfakes
Netflix's Sarandos faces tough US Senate over Warner Bros deal
Netflix CEO Ted Sarandos will testify before the U.S. Senate on Tuesday. The hearing focuses on Netflix's proposed acquisition of Warner Bros Discovery. Lawmakers are concerned about competition in the streaming industry. The Department of Justice is also reviewing the deal. Paramount Skydance has also made a bid for Warner Bros.
Netflix Co-Chief Executive Officer Ted Sarandos faces a grilling in the U.S. Senate on Tuesday at a hearing over how his company's proposed $82.7 billion acquisition of Warner Bros Discovery will affect competition in the streaming entertainment industry. U.S. Senator Mike Lee will lead the hearing where Sarandos and Bruce Campbell, Warner Bros' chief strategy officer, are expected to testify. While the Senate cannot itself prohibit the deal, the hearing allows lawmakers to demand details from Netflix on how the transaction would affect consumers, workers and competitors.
The U.S. Department of Justice is reviewing the transaction, along with a competing, hostile bid from Paramount Skydance .
Both Netflix and Paramount Skydance covet Warner Bros for its leading film and television studios, extensive content library and major franchises such as "Game of Thrones," "Harry Potter" and DC Comics' superheroes Batman and Superman. Paramount has argued it will have an easier regulatory path to approval. But Warner Bros has repeatedly rejected offers from Paramount, which would wind up deep in debt to finance the transaction. Paramount's CEO is David Ellison, whose father, billionaire Oracle co-founder Larry Ellison, has cultivated a close relationship with U.S. President Donald Trump.
Lee, a Republican from Utah who leads the antitrust subcommittee, has been critical of Netflix's proposed acquisition of Warner Bros since the deal was announced in December. Lawmakers from both major U.S. political parties have voiced concerns that the deal will reduce competition in the streaming market. Netflix has pointed to statistics by media analysis firm Nielsen that say Google's YouTube accounts for more viewing time on U.S. televisions than other streaming services, but experts say the DOJ is likely to analyze how the deal affects competition in a more specific market, such as streaming platforms that charge a monthly subscription.
Lee has also questioned whether Netflix truly intends to acquire Warner Bros, or whether it is attempting to slow competition from Warner Bros during an antitrust review by the Department of Justice that could take more than a year.
The Republican senator called on Netflix to disclose whether its personnel have had access to Warner Bros' sensitive information, which he said could allow the streaming service to gain an advantage before the deal closes.
"Access to such information could enable anticompetitive behavior, including replication of projects in development, strategic planning, or algorithmic targeting," Lee said in a letter to Netflix in January.
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Source: EconomicTimes
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