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Rani Molla

Trump's return to X was good news for the platform—but it seems he's not back for good

X owner Elon Musk interviewed former president Donald Trump in a 2+ hour Spaces audio event last night. While the terrain covered in the mutually-congratulatory conversation was mostly old hat, what was new was that it seemed to have brought Donald Trump back to tweeting on the platform — at least for a day.

After having tweeted just once last year, Trump tweeted 11 times yesterday. Trump had been banned from what used to be Twitter after he incited violence at the Capitol, but Musk reinstated him in 2022, a year he didn’t tweet at all. Yesterday was by far the most Trump, who had once been a prolific tweeter and a huge draw to the site, posted in three years.

In the intervening period, Trump had been posting on his own social media site, Truth Social, where he’s legally obligated to post first.

Trump’s return to X is good news for the site, which has been losing users and advertisers. The Trump conversation had 1.3 million listeners at one point — after a 45 minute technical delay — according to X metrics. However, the return might have been short-lived. After the event, Trump went back to posting exclusively on Truth Social, without so much as a link to X.

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Looking into its Warner Bros. acquisition, the DOJ probes Netflix for anticompetitive tactics

As the Department of Justice probes Netflix’s proposed $83 billion acquisition of Warner Bros. Discovery, it has reportedly subpoenaed at least one other entertainment company to investigate whether the streamer has taken part in anticompetitive behavior.

Netflix said the DOJ is conducting a standard review and it expects its acquisition to be approved.

Per Wall Street Journal reporting, the DOJ is also seeking out information on how Paramount’s proposed acquisition could harm competition in the entertainment industry.

Netflix has argued that its acquisition of WBD would not be anticompetitive, as there is an 80% overlap in Netflix and HBO Max subscribers. The company has said it competes not just with streaming services but also with broader content platforms like YouTube and TikTok for attention. Netflix booked $45.2 billion in revenue in 2025, compared to YouTube’s $60 billion.

The streamer has repeatedly said it will stick to a 45-day theatrical release window for Warner Bros. films. Movie theater trade groups have pointed out that after theatrical release, many films move to premium video on-demand (PVOD), where they can be digitally rented or purchased for several more weeks or months before moving to streaming (subscription video on-demand, or SVOD). According to Cinema United, the average SVOD window for major theatrical films is 102 days, significantly longer than the potential 45-day window for Netflix.

Per Wall Street Journal reporting, the DOJ is also seeking out information on how Paramount’s proposed acquisition could harm competition in the entertainment industry.

Netflix has argued that its acquisition of WBD would not be anticompetitive, as there is an 80% overlap in Netflix and HBO Max subscribers. The company has said it competes not just with streaming services but also with broader content platforms like YouTube and TikTok for attention. Netflix booked $45.2 billion in revenue in 2025, compared to YouTube’s $60 billion.

The streamer has repeatedly said it will stick to a 45-day theatrical release window for Warner Bros. films. Movie theater trade groups have pointed out that after theatrical release, many films move to premium video on-demand (PVOD), where they can be digitally rented or purchased for several more weeks or months before moving to streaming (subscription video on-demand, or SVOD). According to Cinema United, the average SVOD window for major theatrical films is 102 days, significantly longer than the potential 45-day window for Netflix.

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Report: Meta pouring $65 million into PACs backing pro-AI state candidates

With a pro-tech, pro-AI administration in Washington, DC, Meta has decided the next battlegrounds that it needs to flood with cash are in individual states.

Starting in Meta’s home state of California, the tech giant is pledging $65 million to a pair of super PACs that it created to fund pro-tech and pro-AI candidates at the state level, according to a report from Politico.

Meta has funded the American Technology Excellence Project ($45 million) and Mobilizing Economic Transformation Across (META) California ($20 million) to push back on what it sees as burdensome AI regulations coming from state legislatures.

The META California PAC will support tech-friendly candidates regardless of party.

Starting in Meta’s home state of California, the tech giant is pledging $65 million to a pair of super PACs that it created to fund pro-tech and pro-AI candidates at the state level, according to a report from Politico.

Meta has funded the American Technology Excellence Project ($45 million) and Mobilizing Economic Transformation Across (META) California ($20 million) to push back on what it sees as burdensome AI regulations coming from state legislatures.

The META California PAC will support tech-friendly candidates regardless of party.

TrumpRx

When is TrumpRx launching?

Not on schedule, for one thing.

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Jon Keegan

FTC will appeal Meta antitrust case

Only a few months after successfully defending itself from an FTC antitrust lawsuit, Meta may be heading back to court. Today, the FTC announced that it would appeal the decision, reopening a yearslong suit.

The FTC called Meta’s acquisition of Instagram and WhatsApp an illegal monopoly. The judge in the case found that in the years since the suit was first brought, the competitive landscape had changed dramatically, with Meta facing fierce competition from TikTok.

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Netflix goes all-cash in bid for Warner Bros., boosting its odds

Netflix on Tuesday applied more pressure to Paramount Skydance in the ongoing bidding war for Warner Bros. Discovery, amending its offer to an all-cash proposal.

Netflix shares ticked up in premarket trading, while Paramount and Warner Bros. were down less than 1%.

The move, which was expected, does not increase the value of Netflix’s $82.7 billion offer for WBD. Netflix said shareholders will be able to vote on the deal in April.

In a Tuesday filing, Warner Bros. said that it values Discovery Global, the spin-off of its cable assets, at between $1.33 and $6.86 per share. Earlier this month, Paramount said it valued the cable TV business at $0 per share.

With Tuesday’s update, event contracts have swung even further in Netflix’s favor, with Paramount’s odds to end up in control of Warner Bros. falling to 14%. That’s below the odds for “none.”

(Event contracts are offered through Robinhood Derivatives, LLC — probabilities referenced or sourced from KalshiEx LLC or ForecastEx LLC.)

The move, which was expected, does not increase the value of Netflix’s $82.7 billion offer for WBD. Netflix said shareholders will be able to vote on the deal in April.

In a Tuesday filing, Warner Bros. said that it values Discovery Global, the spin-off of its cable assets, at between $1.33 and $6.86 per share. Earlier this month, Paramount said it valued the cable TV business at $0 per share.

With Tuesday’s update, event contracts have swung even further in Netflix’s favor, with Paramount’s odds to end up in control of Warner Bros. falling to 14%. That’s below the odds for “none.”

(Event contracts are offered through Robinhood Derivatives, LLC — probabilities referenced or sourced from KalshiEx LLC or ForecastEx LLC.)

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