Caroline Hyde

edition podcast each morning for the stories that matter with the context you need.

If you look into this statement here, they're saying that Warner Brothers has provided increasingly novel reasons for avoiding a transaction with Paramount, but that it has never said, because it cannot, that Netflix transaction is financially superior.

But most would say that the fact that Netflix only wants the streaming and the studios and the fact that there will be some sort of equity value given to investors by spinning off global networks, that ultimately is better at the moment than shareholders.

That is what Warner Brothers Discovery has been trying to convince their shareholders of.

But as we see ever more nuclear, it feels that Paramount is going because the clock is ticking.

What they're worried about ultimately is that the shareholders aren't going to get the ultimate say.

They're trying to once again convince that their unchanged $30 offer is still more tantalizing than that of Netflix's.

They're trying to attribute really saying that there is a $0 offer.

equity value for global networks.

And that is the main thesis.

Bloomberg Tech is live from coast to coast.

with Caroline Hyde in New York and Ed Ludlow in San Francisco.

Welcome to a special edition of Bloomberg Tech.

We are live from CES in Las Vegas, where we've been tracking the biggest tech stories.

Another great lineup of incredible guests today, but we've also got some news outside of CES, right, Ed?

Yeah, coming up first, China plans to approve some imports of NVIDIA's H200 chips as soon as this quarter for select commercial use.

Plus AI valuations pushing ever higher.

Anthropic raising a new round of funding that would value the company at $350 billion today.

And we wrap this special CES edition today with guests from the robotics and augmented reality spaces, venture capital and the government.

First, we check in on these markets that are in a bit of sell-off mode.