1 00:00:01,720 --> 00:00:03,760 Speaker 1: News when you want it. With Bloomberg News Now. I'm 2 00:00:03,800 --> 00:00:05,960 Speaker 1: Doug Prisner, and we begin with the latest on the 3 00:00:06,000 --> 00:00:10,600 Speaker 1: assassination of conservative activist Charlie Kirk. On Thursday evening in 4 00:00:10,760 --> 00:00:13,880 Speaker 1: or In, Utah, authorities held a media briefing and showed 5 00:00:13,920 --> 00:00:17,640 Speaker 1: surveillance video footage of the suspected shooter as he ran 6 00:00:17,720 --> 00:00:19,959 Speaker 1: across the roof of a building after the shooting and 7 00:00:20,000 --> 00:00:23,000 Speaker 1: then dropped to the ground. Authorities are still working to 8 00:00:23,200 --> 00:00:25,920 Speaker 1: identify the shooter, and they are asking for the public's 9 00:00:25,960 --> 00:00:28,440 Speaker 1: help with the offer of a reward of up to 10 00:00:28,520 --> 00:00:31,880 Speaker 1: one hundred thousand dollars for information related to the killing. 11 00:00:32,320 --> 00:00:34,560 Speaker 1: Here is Utah Governor Spencer Cox. 12 00:00:34,920 --> 00:00:38,880 Speaker 2: We cannot do our job without the public's help. Right now, 13 00:00:39,640 --> 00:00:43,200 Speaker 2: the public has answered our call for action. So far, 14 00:00:43,560 --> 00:00:46,720 Speaker 2: we've received more than seven thousand leads and tips. 15 00:00:47,560 --> 00:00:48,559 Speaker 1: I just know that the. 16 00:00:48,600 --> 00:00:52,040 Speaker 2: FBI hasn't received this many digital media tips from the 17 00:00:52,040 --> 00:00:54,640 Speaker 2: public since the Boston Marathon bombing. 18 00:00:54,800 --> 00:00:58,840 Speaker 1: That was Utah Governor Spencer Cox. Earlier today, federal investigator 19 00:00:58,920 --> 00:01:01,280 Speaker 1: said they recovered the right full used in the shooting. 20 00:01:01,440 --> 00:01:05,280 Speaker 1: It was found wrapped in a towel holding cartridges inscribed 21 00:01:05,319 --> 00:01:10,080 Speaker 1: with messages linked to anti fascist and transgender ideology. Open 22 00:01:10,120 --> 00:01:14,000 Speaker 1: Ai and its largest investor Microsoft have reached a preliminary 23 00:01:14,040 --> 00:01:17,720 Speaker 1: agreement about a change to open ai structure. For months, 24 00:01:17,760 --> 00:01:20,959 Speaker 1: these companies have been holding talks on shifting open ai 25 00:01:21,160 --> 00:01:25,320 Speaker 1: away from its current nonprofit structure. This preliminary agreement would 26 00:01:25,360 --> 00:01:28,320 Speaker 1: pave the way for open ai to restructure into a 27 00:01:28,400 --> 00:01:32,640 Speaker 1: more traditional for profit company, but there are some hurdles. 28 00:01:32,880 --> 00:01:36,319 Speaker 1: The plan is being opposed by Elon Musk, and state 29 00:01:36,360 --> 00:01:40,480 Speaker 1: attorney generals for California and Delaware are now raising questions 30 00:01:40,520 --> 00:01:45,120 Speaker 1: about safety of AI products, development and deployment. Meantime, we 31 00:01:45,160 --> 00:01:48,200 Speaker 1: are told the leaders of both open ai and Nvidia 32 00:01:48,480 --> 00:01:51,320 Speaker 1: are planning to pledge support for billions of dollars in 33 00:01:51,680 --> 00:01:55,560 Speaker 1: UK data center investments when they visit the country next week. 34 00:01:55,720 --> 00:01:59,000 Speaker 1: We go to Brazil next where Jaire Bolsonaro was sentenced 35 00:01:59,000 --> 00:02:01,760 Speaker 1: today to twenty seven years and three months in prison 36 00:02:02,120 --> 00:02:04,720 Speaker 1: for plotting a coup after his twenty twenty two defeat 37 00:02:04,840 --> 00:02:08,760 Speaker 1: in a presidential election. Four or five justices on Brazil 38 00:02:08,840 --> 00:02:12,640 Speaker 1: Supreme Court found Bolsonaro guilty on five counts. Now the 39 00:02:12,720 --> 00:02:16,160 Speaker 1: sentence prompted reaction from President Trump, who spoke earlier with 40 00:02:16,320 --> 00:02:20,240 Speaker 1: the reporters before boarding marine. I well, I watched that trial. 41 00:02:20,320 --> 00:02:24,360 Speaker 3: I know him pretty well, Barrin leader, who's a good 42 00:02:24,400 --> 00:02:27,320 Speaker 3: I thought he was a good president of Brazil, and 43 00:02:27,360 --> 00:02:30,519 Speaker 3: it's very surprising that that could happen. That's very much 44 00:02:30,639 --> 00:02:32,480 Speaker 3: like they tried to do with me. But they didn't 45 00:02:32,480 --> 00:02:35,720 Speaker 3: get away with it at all. But I can always 46 00:02:35,760 --> 00:02:38,880 Speaker 3: say this, I knew him as president of Brazil. He 47 00:02:38,919 --> 00:02:39,560 Speaker 3: was a good man. 48 00:02:39,720 --> 00:02:43,000 Speaker 1: There was President Trump speaking there. Now Bolsonaro is currently 49 00:02:43,080 --> 00:02:46,600 Speaker 1: under house arrest and he can appeal his sentence. We 50 00:02:46,720 --> 00:02:50,280 Speaker 1: turn to Business news next. The newly formed Paramount Skydance 51 00:02:50,520 --> 00:02:54,120 Speaker 1: is preparing a bid for rival Warner Brothers Discovery. We 52 00:02:54,160 --> 00:02:56,799 Speaker 1: are told this mostly cash offer will be for the 53 00:02:56,960 --> 00:03:00,079 Speaker 1: entire company. Here is Bloomberg's Caroline Hyde. 54 00:03:00,320 --> 00:03:02,560 Speaker 4: So many people feel that fundamentally, this is what we 55 00:03:02,560 --> 00:03:05,800 Speaker 4: need to see in the industry consolidation. You're seeing David 56 00:03:05,880 --> 00:03:08,960 Speaker 4: Zaslav over at Warner a Brother's Discovery, unwinding the deal 57 00:03:09,080 --> 00:03:12,320 Speaker 4: he did several years ago. Because ultimately, you've got cable 58 00:03:12,320 --> 00:03:15,000 Speaker 4: on one side and then you have studios and streaming 59 00:03:15,040 --> 00:03:17,200 Speaker 4: on the other. You want to split those apart, and 60 00:03:17,440 --> 00:03:19,400 Speaker 4: likelihood is paramount. Would be interested in the. 61 00:03:19,360 --> 00:03:23,079 Speaker 1: Studios Roombrigs Caroline Hide there now. Last year, Warner announced 62 00:03:23,080 --> 00:03:27,520 Speaker 1: plans to restructure into two divisions, one focused on cable TV, 63 00:03:27,760 --> 00:03:32,120 Speaker 1: the other on streaming and studios. Meantime, CNBC is reporting 64 00:03:32,160 --> 00:03:35,440 Speaker 1: a deal could close as soon as next week. Today's 65 00:03:35,440 --> 00:03:39,400 Speaker 1: shares in Paramount's guidance We're up fifteen percent. Warner Brothers 66 00:03:39,440 --> 00:03:43,240 Speaker 1: Discovery rallied twenty nine percent. After the bell, we heard 67 00:03:43,320 --> 00:03:46,920 Speaker 1: from Adobe. The company delivered a bullish forecast for revenue 68 00:03:46,920 --> 00:03:50,000 Speaker 1: in the current quarter. Sales are projected to rise to 69 00:03:50,160 --> 00:03:52,600 Speaker 1: six point one to three billion dollars. That is slightly 70 00:03:52,640 --> 00:03:56,560 Speaker 1: ahead of Wall Street expectations. Sarah Kunsti is managing director 71 00:03:56,600 --> 00:03:57,560 Speaker 1: at Cleo Capital. 72 00:03:57,800 --> 00:04:00,240 Speaker 5: People are digging out digital cameras from twenty years years 73 00:04:00,280 --> 00:04:04,360 Speaker 5: ago to use to shoot ad campaigns because they like 74 00:04:04,440 --> 00:04:07,080 Speaker 5: the grainy look. They like the imperfect look, and what 75 00:04:07,120 --> 00:04:09,160 Speaker 5: that means for the adobes of the world is, hey, 76 00:04:09,200 --> 00:04:10,760 Speaker 5: maybe you're not editing as much. 77 00:04:10,840 --> 00:04:14,520 Speaker 1: That is Sarah kunstev Cleo Capital. Now analysts have been 78 00:04:14,560 --> 00:04:18,080 Speaker 1: looking for signs Adobe can compete in the rapidly evolving 79 00:04:18,120 --> 00:04:22,760 Speaker 1: AI landscape. Given increased pressure from rivals, Shares in Adobe 80 00:04:22,800 --> 00:04:24,280 Speaker 1: right now are up by more than two and a 81 00:04:24,320 --> 00:04:27,160 Speaker 1: half percent in late US trading. And that is news 82 00:04:27,160 --> 00:04:29,479 Speaker 1: when you want it with Bloomberg News. Now, I'm Doug 83 00:04:29,520 --> 00:04:30,760 Speaker 1: Prisoner and this is Bloomberg