Warner Bros. Discovery Inc. is planning to reject Paramount Skydance Corp.’s hostile takeover bid due to concerns about financing and other terms, people familiar with the matter said.

MARA Holdings CEO Fred Theil is not discouraged by the recent performance of Bitcoin. It's down about 30% from its record high of more than $126,000. He says a risk-off environment is driving investors away from Bitcoin for now and we're just seeing some "healthy retracement." (Source: Bloomberg)

The Office of the Comptroller of the Currency’s decision to grant limited banking charters to cryptocurrency companies is likely to face legal challenges from banks and even state regulators. The OCC on Dec. 12 granted preliminary approval for national trust bank charters to Circle, Ripple, BitGo, Fidelity’s digital assets arm, and Paxos, marking the first step toward integrating the digital currency companies into the federal banking system. Bloomberg's Anna Irrera reports on "Bloomberg […]

JPMorgan Chase & Co.’s asset management arm is launching its first ever tokenized money market fund built on Ethereum, joining a growing list of Wall Street firms pushing into blockchain-based finance. On "Bloomberg Crypto", Maja Vujinovic, CEO of Digital Assets at FG Nexus, talks to Scarlet Fu and Tim Stenovec about the JPMorgan announcement, crypto prices and the year ahead for volatility. (Source: Bloomberg)

Jack Mallers, CEO of Twenty One Capital, joins "Bloomberg Crypto" to discuss the company's merger with special-purpose acquisition Cantor Equity Partners to become a public crypto company. Twenty One was launched by an affiliate of Cantor Fitzgerald LP, stablecoin issuer Tether Holdings SA and SoftBank Group as a Bitcoin company. Brandon Lutnick, chairman of Cantor Fitzgerald and the son of US Secretary of Commerce Howard Lutnick, is chief executive officer of Cantor Equity Partners. Twenty One […]

OpenAI has hired former UK Treasury chief George Osborne to lead a new effort to work with governments on building artificial intelligence infrastructure, tapping a high-profile political figure as countries race to secure the data centers and computing power needed to run advanced AI systems.

European investigators are probing whether Russian military hackers breached computer systems on a vessel owned by MSC-Mediterranean Shipping Company SA, the world’s largest container shipping group, according to people familiar with the matter.

Bloomberg's Kurt Wagner discuses why Instagram is launching a new TV app and why TikTok's e-commerce efforts in the US have finally started to gain traction. The app is now letting creators host live shopping experiences on the platform. Wagner joins Caroline Hyde on "Blomberg Tech." (Source: Bloomberg)