Lana

If the firm chooses Paramount, Netflix will have four days to make its offer more tempting.

Dealmaking has been pretty meh this year so far, with the total value of mergers in the U.S.

dropping from December, even as the number of deals ticked up.

It's a sign that buyers are still cautious and price-sensitive.

This isn't the only potential deal on the horizon, though.

Payments processor Stripe is reported to be making a move on rival PayPal.

Makes sense — PayPal has just the right sort of platform and customers to fit into Stripe's ecosystem.

And right now, it's looking like a snack.

The company's value has fallen nearly 50 percent since last year's high, a symptom of its struggle with close competitors, including Stripe itself.

That's it for today.

I'm Lana.

I'll see you tomorrow.

Hey, I'm Lana with your Daily Brief for Wednesday, February 25th.

Coming up... Meta agreed to buy billions worth of chips from AMD, despite recently inking a similar deal with Nvidia.

And investors are bailing on software stocks, just as lenders are closing their checkbooks.

We'll also check in with Carl to get his answers to your burning questions.

More on the way, but first, a word from Guy at Finimize HQ.

Meta made a multibillion-dollar deal with chipmaker AMD, seemingly set on reshaping its reliance on NVIDIA.

The deal will see Meta spend tens of billions of dollars on custom AMD chips over five years.

That should be enough to power more than half of the data centers the big tech firm is planning to build this decade.