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Speaker 1: News when you wanted. With Bloomberg News Now, I'm Brian Curtis.

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Speaker 1: In Hong Kong, Bloomberg has learned that Skydance Media has

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Speaker 1: reached a preliminary agreement to buy Redstone family owned National Amusements.

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Speaker 1: Bloombrigg's Doug Prisner has more on the story.

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Speaker 2: National Amusements is the controlling shareholder of Paramount Global, and

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Speaker 2: we're told National is planning to refer this proposed deal

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Speaker 2: to a Paramount Special Committee for review. Last month, a

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Speaker 2: deal between sky Dance and National Amusements seemed close, but

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Speaker 2: talks broke down at the eleventh hour. In the last week,

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Speaker 2: the two re engaged, with discussions picking up steam on Tuesday.

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Speaker 2: New terms include a higher valuation for National Amusements. There's

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Speaker 2: also stronger language indemnifying National against possible litigation resulting from

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Speaker 2: the deal. National Amusements has forty five days to seek

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Speaker 2: better offers. In New York, I'm Doug Prisoner Bloomberg Radio.

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Speaker 1: China is said to be making lethal attack drones for Russia.

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Speaker 1: Bloomberg's Joan Wong has more from Hong Kong.

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Speaker 3: European officials say Chinese companies are developing a drone similar

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Speaker 3: to an Iranian model deployed in Ukraine, is a sign

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Speaker 3: that Beijing may be edging closer to providing weapons to Russia.

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Speaker 3: Chinese and Russian companies are said to have started developing

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Speaker 3: and testing the drones this year, but the officials said

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Speaker 3: so far the Chinese drones have not yet been used

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Speaker 3: in Ukraine. At the leadership level, President Chijinping is sought

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Speaker 3: to portray China as neutral in the conflict. Some nations

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Speaker 3: say providing Russia with drones for attack purposes would cross

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Speaker 3: the line, but a source familiar with the assessments says

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Speaker 3: the US still does not conclude that China is supplying

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Speaker 3: lethal aid. In Hong Kong, Juanne Wang Bloomberg Radio.

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Speaker 1: US Defense Secretary Lloyd Austin says Washington will soon announce

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Speaker 1: a new security aid package for Ukraine.

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Speaker 4: Alongside some fifty allies and partners, will continue to provide

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Speaker 4: the critical capabilities that Ukraine needs to push back Russian

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Speaker 4: aggression today and to deter Russian aggression tomorrow. And I

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Speaker 4: am proud that the States will soon announce more than

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Speaker 4: two point three billion dollars in new security assistance for Ukraine.

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Speaker 1: Austin met with his Ukrainian counterpart at the Pentagon. He

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Speaker 1: did not elaborate, but alluded to building a bridge for

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Speaker 1: Ukraine to join the NATO block. The secretary said the

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Speaker 1: new package would include anti tank weapons and air defense interceptors.

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Speaker 1: Since twenty twenty two, the US has provided more than

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Speaker 1: fifty billion dollars worth of military aid to Ukraine. NATO's

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Speaker 1: thirty two members will meet for a summit next week

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Speaker 1: from July ninth to July eleventh. We Former President Donald

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Speaker 1: Trump's sentencing in his hush money case has been postponed

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Speaker 1: until at least September eighteenth. Bloomberg's Amy Morris reports from Washington.

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Speaker 5: The judge has agreed to put off the sentencing while

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Speaker 5: weiging the possible impact of a new Supreme Court ruling

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Speaker 5: on presidential immunity. Trump had been scheduled to face sentencing

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Speaker 5: July eleventh on his multiple felony convictions of falsifying business records.

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Speaker 5: He denies any wrong doing. The delay sets the sentencing

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Speaker 5: for September eighteenth, at the earliest, well after the Republican

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Speaker 5: National Convention. Trump's attorneys asked Judge Van Marshaan to set

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Speaker 5: aside the guilty verdict. The judge said he would rule

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Speaker 5: on September sixth, and the next date in the case

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Speaker 5: is September eighteenth, if, as the judge said, it's still necessary.

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Speaker 5: In Washington, Amy Morris, Bloomberg Radio.

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Speaker 1: Donald Trump is now out raising President Biden in terms

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Speaker 1: of funds. We get more from Bloomberg's Dan Schwartzman.

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Speaker 6: Former President Trump has raised three hundred and thirty one

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Speaker 6: million dollars in just a second quarter, which leaves him

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Speaker 6: with more cash on hand than President Biden. That will

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Speaker 6: likely intensify the anxiety of Democrats about Biden's campaign. That

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Speaker 6: amount raised by Trump and the Republican National Committee surpassed

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Speaker 6: the President's camp's total for the same time period, Biden

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Speaker 6: and the DNC raising two hundred and sixty four million

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Speaker 6: dollars in Q two. It's a stunning reversal and a

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Speaker 6: fundraising battle that saw the President's war chest crushing Trumps

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Speaker 6: for months. Dan Schwartzman, Bloomberg Radio.

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Speaker 1: Apple will be getting an observer role on open AI's board.

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Speaker 1: In the deal, Apple will offer chat GPT on its devices.

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Speaker 1: That's part of a suite of artificial intelligence features. We're

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Speaker 1: told that Phil Schiller, Apple's app store head and former

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Speaker 1: marketing chief has been chosen for the position. Shares of

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Speaker 1: Apple were up one point six percent in the latest session.

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Speaker 1: News When you Want It with Bloomberg News Now. I'm

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Speaker 1: Brian Curtis. This is Bloomberg