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Speaker 1: News when you want it with Bloomberg News Now, I'm

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Speaker 1: Doug Prisner. Netflix has dropped out of the fight to

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Speaker 1: buy Warner Brothers Discovery.

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Speaker 2: Now.

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Speaker 1: Netflix did have the option to increase its takeover bid

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Speaker 1: after Warner Brothers said that a revised offer from Paramounts

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Speaker 1: Guidance was superior to the deal Warner had already agreed

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Speaker 1: to with Netflix. However, Netflix said the deal is no

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Speaker 1: longer financially attractive at a price required to match the

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Speaker 1: latest offer from Paramount, so Netflix declined to match the bid.

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Speaker 1: Now this clears the way for Paramounts Guide Dance to

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Speaker 1: clinch it's one hundred eleven billion dollar deal for Warner

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Speaker 1: Brothers Discovery. Here is Bloomberg's Lucas Shaw on what's next

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Speaker 1: for Paramount.

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Speaker 3: We've seen this happen a few times already, and it

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Speaker 3: hasn't really worked.

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Speaker 1: At and T.

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Speaker 3: Bought Time Warner than Warner Time Warner, or what was

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Speaker 3: Time Warner merged with Discovery to create Warner Brothers Discovery.

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Speaker 3: Now we're taking a third crack at it right. Paramount's

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Speaker 3: Guidance as result of the merger of CBS Viacom and

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Speaker 3: then Paramount and Sky and so we keep having these

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Speaker 3: legacy media companies get together with the hope that they

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Speaker 3: will then have the scale to compete.

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Speaker 1: That is Bloomberg's Lucas Shaw. Anthropic says it cannot in

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Speaker 1: good conscience a seede to the Pentagon's demands to allow

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Speaker 1: wider use of the company's AI technology, and Thropic CEO

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Speaker 1: Dario Amide says there has been virtually no progress on

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Speaker 1: negotiations to prevent the clawed tool from being used for

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Speaker 1: mass surveillance of Americans or in fully autonomous weapons. Here

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Speaker 1: is r Sheie Sidiki, CEO of Bellwether Government Affairs.

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Speaker 2: Well, I think it's leadership on Anthropics part in the

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Speaker 2: sense that we're in uncharted waters. This technology is still developing,

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Speaker 2: and had Anthropic not taken the stance, it would have

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Speaker 2: been a race to the bottom, because this isn't just

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Speaker 2: about Anthropic, this is about other companies as well, where

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Speaker 2: they might be then forced to this race to the

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Speaker 2: bottom where everybody is trying to get this DoD work

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Speaker 2: and not having any sort of guardrails.

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Speaker 1: Archie Sidiki from Bellwell the Government Affairs. Former Secretary of

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Speaker 1: State Hillary Clinton said today in testimony she had no

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Speaker 1: knowledge of Jeffrey Epstein's crimes. Clinton testified during the first

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Speaker 1: of two days of closed door depositions to a House committee.

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Speaker 1: Here is Clinton speaking to reporters after her testimony.

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Speaker 4: I don't know how many times I had to say

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Speaker 4: I did not know Jeffrey Hepstein. I never went to

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Speaker 4: his island, I never went to his homes, I never

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Speaker 4: went to his offices. So it's on the record numerous times.

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Speaker 5: Now.

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Speaker 1: During Clinton's testimony, things were paused after GOP Representative Lauren

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Speaker 1: bober took a picture of Clinton and leaked it to

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Speaker 1: a conservative influencer, who in turn posted it online. Now

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Speaker 1: that's a violation of House rules. Representative Robert Garcia is

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Speaker 1: the top ranking Democrat on the committee.

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Speaker 6: Fatley photo was sent up by a member, and the

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Speaker 6: fact it was not just one photo, it was one

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Speaker 6: photo and then a second post that also included a

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Speaker 6: photo as well, and so the I was completely against

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Speaker 6: the rules. I think we're grateful that the Secretary continued

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Speaker 6: the deposition, but not not acceptable.

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Speaker 1: Garcia said any repercussions from the League should be handed

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Speaker 1: down by House Republicans and Chairman James Comer. Incidentally, tomorrow,

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Speaker 1: the Oversight Committee we'll hear from former President Bill Clinton.

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Speaker 1: The US and Iran wrapped up another round of indirect

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Speaker 1: talks over Tehran's nuclear program. However, the session ended without

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Speaker 1: a deal, even so Oman said there had been significant progress,

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Speaker 1: and according to Oman's Foreign Minister, negotiations will resume at

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Speaker 1: a technical level next week in Vienna. We got analysis

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Speaker 1: from Mara Rudman. She is a practitioner Senior Fellow at

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Speaker 1: the Miller Center of Public Affairs at the University of Virginia.

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Speaker 7: Reporting from today's round of conversations makes it seem that

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Speaker 7: Iran is looking to make progress on these talks, is

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Speaker 7: looking at different formulas that may allow President Trump to

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Speaker 7: declare victory and yet still allow Iran to continue to

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Speaker 7: function both keeping the current regime place, lifting sanctions and

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Speaker 7: having a very small, very low level of enrichment going

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Speaker 7: on with their nuclear activities.

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Speaker 1: That is Mara Rudman from the University of Virginia. In

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Speaker 1: the interim, there is the risk of conflict as the

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Speaker 1: US has a massive fleet of aircraft and warships in

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Speaker 1: the region. Today, crude oil fluctuated and ended the New

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Speaker 1: York session lower, with WTI down three tens to one percent.

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Speaker 1: To settle just above sixty five dollars after the Belldale

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Speaker 1: Technologies issued an outlook for annual sales above estimates. It's

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Speaker 1: a sign of continued strong demand for those machines central

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Speaker 1: to building AI data centers. We got reaction from Mehdi

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Speaker 1: Husseini at Susquehanna International Group.

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Speaker 5: The earning guide for fiscally A twenty six is definitely

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Speaker 5: been than expected. We were all expecting course margin pressure

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Speaker 5: and they are raising their revenue guide for the fiscal

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Speaker 5: year by twelve percent and the EPA skide is up

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Speaker 5: by twelve percent taking the midpoint. So the higher revenue

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Speaker 5: run rate is definitely helping with EPs. But all in all,

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Speaker 5: I am surprised to the upside given the gross margin

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Speaker 5: contraction that is not as feared into the print.

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Speaker 1: That is, Meddi Husseini from Susquehanna International Group shares in

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Speaker 1: Dell up about ten percent in late US trading. The

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Speaker 1: US military used a laser this evening to shoot down

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Speaker 1: a drone operated by Customs and Border Protection. The FAA

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Speaker 1: responded by closing more airspace near El Paso, Texas. It

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Speaker 1: was just over two weeks ago the FAA shut down

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Speaker 1: the El Paso Airport and the surrounding area after the

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Speaker 1: use of another anti drone laser, this time, commercial flights

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Speaker 1: were not affected by the expanded airspace closure over Fort Hancock.

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Speaker 1: And that is news when you want it with Bloomberg News. Now,

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Speaker 1: I'm Doug Prisoner and this is Bloomberg