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  • David Ellison Mulls Tapping Elon Musk for Paramount Investment While Closing in on Warner Bros. Takeover: Report

    David Ellison Mulls Tapping Elon Musk for Paramount Investment While Closing in on Warner Bros. Takeover: Report

    David Ellison, seeking fresh capital for a merged Paramount-Warner Bros., is considering reaching out to Elon Musk — the controversial tech mogul who is the world’s richest person — to “become part of a syndicate of equity investors into Paramount,” according to a report by Semafor.

    According to the report, citing anonymous sources, “Musk’s name is one of a number of wealthy individuals that Paramount CEO David Ellison has considered tapping for the syndicate,” but it did not identify others Ellison is supposedly mulling as investment partners. The Semafor report said the amount of Musk’s potential investment in Paramount could not be learned.

    Paramount declined to comment. A rep for Musk did not immediately respond to a request for comment.

    Musk, the one-time Trump administration official who leads SpaceX, Tesla and X, among other businesses, had a net worth estimated at about $950 billion as of Wednesday, per Forbes.

    Paramount’s deal to merge with Warner Bros. Discovery is close to the finish line, after the company reached a settlement with 12 state attorneys general to settle their antitrust lawsuit over the pact. The judge in the case has scheduled a hearing Thursday to go over the points of the proposed consent decree; pending the judge’s approval, the Paramount-Warner Bros. merger is expected to close in about two weeks.

    Oracle founder Larry Ellison (David’s father), who is also one of the world’s richest men, has business ties to Musk: Larry Ellison invested $1 billion in Musk’s 2022 deal taking Twitter (since renamed X) private. Larry Ellison also invested in Tesla in 2018, and served on its board for several years.

    For Paramount’s WBD deal, valued at $111 billion, Larry Ellison has personally guaranteed $46.7 billion in equity financing. In addition, Paramount has lined up $24 billion in commitments from the sovereign wealth funds of Saudi Arabia, Qatar and the United Arab Emirates. According to Paramount, the three Middle Eastern funds would own 38.5% of the combined Paramount-Warner Bros. Last week, the FCC approved Paramount’s petition to allow 49.5% of its equity to be held by foreign entities if the Warner Bros. Discovery merger is consummated.

    Among the top-line terms in Paramount’s settlement with the states: Paramount is prohibited from selling the Paramount Studios or Warner Bros. lots in the state for at least five years, and is obligated to invest at least an additional $300 million on film production in the U.S. annually (for a total of $1.5 billion over five years). The newly merged company also must release at least 30 movies for theatrical distribution in the first two years (something Ellison has repeatedly promised he would do) and at least 32 in years 3-5, with a 45-day window for wide-release films.

    In addition, under the proposed settlement, the merged Paramount-Warner Bros. also will be subject to monitoring by a “news editorial independence board,” which will establish “guiding editorial and journalism principles for” for CNN and CBS News.

  • Diane Lane Joins Li Jun Li in Hulu Limited Series ‘Victoria’

    Diane Lane Joins Li Jun Li in Hulu Limited Series ‘Victoria’

    Diane Lane has joined the upcoming Hulu-Onyx Collective limited series “Victoria,” Variety has learned.

    The erotic thriller, which was announced last week with a series order, will star Li Jun Li as Maxine Tao, who is described as “a brilliant con artist who finds herself in a dark web of power, luxury and the crosshairs of a seductive killer who knows her secrets.”

    Lane joins as Lee Calloway, said to be “a savvy venture capitalist accustomed to getting what she wants and has worked too hard to let anyone stand between her and the win.”

    This is the latest in a string of high-profile TV roles Lane has taken on in recent years. She previously appeared in shows like “A Man in Full” and “House of Cards” at Netflix, as well as Season 2 of “Feud” for FX/Hulu and “The Romanoffs” at Amazon. She is primarily known for her roles in films like “Under the Tuscan Sun,” “Unfaithful,” and “Hollywoodland.” Her work in “Unfaithful” earned her both an Academy Award and Golden Globe nominations, while she was also nominated for Golden Globes for “Under the Tuscan Sun” and the TV movie “Cinema Verite.” “Cinema Verite” also earned her an Emmy nomination, as did “Feud,” while Lane was nominated for an Emmy early in her career for the CBS miniseries “Lonesome Dove.”

    She is repped by CAA, Range, and Weintraub.

    Christy Hall is the creator, writer, executive producer, and showrunner on “Victoria.” Geeta Vasant Patel will direct the pilot and executive produce. Lilly Burns, Elise Henderson, and Tony Hernandez of Counterpart Studios executive produce, with Li co-producing in addition to starring.

  • Pyth Adds Nasdaq Basic Market Data

    Pyth Adds Nasdaq Basic Market Data

    Pyth has been approved as an external distributor of Nasdaq Basic, Nasdaq’s real-time market data product for U.S. equities. The feed will be available through Pyth’s Data Marketplace, a platform for distributing financial datasets to software and blockchain-based applications. Pyth is a blockchain data network focused on market information.

    Clients using the Pyth Data Marketplace can now license Nasdaq Basic directly from Nasdaq and access the feed through Pyth. They must receive written approval from Nasdaq before using the data.

    Nasdaq Basic has been available for more than a decade and is used by brokerages, banks, fintech companies, and investing apps. Its addition to Pyth’s marketplace gives Nasdaq another way to distribute market data to applications built around software and blockchain infrastructure.

    For Pyth, the integration expands the Data Marketplace beyond its existing data products. The marketplace is designed to let institutions distribute proprietary datasets directly to applications that need them.

    Image: Magnific

  • Inside the FBI’s little-known annual crypto crime gathering

    Inside the FBI’s little-known annual crypto crime gathering

    The invitation-only symposium is capped at about 50 private-sector vendors and partners, with total attendance running into the hundreds, two of the people said. The program combines keynote speeches, panel discussions and fireside chats with networking opportunities. Companies also demonstrated their platforms in demo rooms.

    Discussions covered the illicit use of virtual assets by cartels and in terrorist financing, cyber-enabled fraud, scams, child sexual abuse material, human trafficking and violent crime, including so-called wrench attacks. Attendees also examined emerging hacks, North Korean activity and ways for industry and law enforcement to share intelligence, according to a source familiar with the event.

    Attendees range from senior FBI officials and frontline investigators to representatives of other U.S. agencies and overseas law enforcement partners.

    “This is not a crypto event,” one of the attendees said. “It is a law enforcement event for law enforcement and the people they work with.”

    The atmosphere at the Virtual Asset Technical Exchange differs markedly from industry conferences, with discussions centered on illicit finance, national security and investigations intended to produce arrests and asset seizures. Investigators discuss active threats, techniques for following funds and successful cases, the person added.

    A little-publicized gathering

    The government-funded symposium is now in its ninth year and has drawn several hundred attendees, two of the people said, who spoke on condition of anonymity.

  • The UK street with a name so rude they’ve had to secure its sign with concrete

    The UK street with a name so rude they’ve had to secure its sign with concrete

    A couple walk past a sign for Minge Lane.
    Have you ever been to Minge Lane? (Picture: Ben Gregory-Ring/PA Media Assignments)

    One of the rudest named streets in the UK needs to secure its road signs with concrete because tourists keep stealing them. 

    Minge Lane in Upton upon Severn in Worcestershire features as one of the UK’s rudest place names in a new survey. 

    It is joined by the likes of Sluts Hole Lane in Norfolk, Sandy Balls in the New Forest and Shitterton in Dorset.

    Derbyshire’s Fanny Avenue, Cocks in Cornwall and Wetwang in Yorkshire also caused a stir, according to the poll.

    Jeremy Owenson, the mayor of Upton upon Severn, said people living in Minge Lane are so proud that they host a festival named after it every summer.

    He said: ‘There is an informal festival with loads of bands and a bit of fancy dress.

    ‘People get down to the local pub and generally have a good time. It’s a fun celebration to embrace the name Minge Lane rather than worrying too much about it.’

    EDITORIAL USE ONLY Caroline West and Andy Davies??unveil the the??Minge Lane road sign from under the green velvet curtain in Worcestershire as part of an Asda Money campaign launched following research suggesting many drivers have been distracted by unusual road and place names. Issue date: Wednesday September 23, 2026. PA Photo. Photo credit should read: Ben Gregory-Ring/PA Media Assignments
    Minge Lane is found in Upton upon Severn, Worcestershire (Picture: Ben Gregory-Ring/PA Media Assignments)

    However, Mr Owenson, who is also the deputy leader of Malvern Hills District Council, said: ‘From a district council perspective, we regularly had the street name stolen.

    ‘The new names have been concreted in to make sure they can’t be taken.’

    Bell End in Rowley Regis in the West Midlands, which is also on the list of rudest place names, was the target of complaints in 2018 and residents started a petition to change it.

    They claimed children would be bullied at school and called on the local council to rename it because they had become a ‘laughing stock’.

    EDITORIAL USE ONLY General view of the??Minge Lane road sign in Worcestershire as part of an Asda Money campaign launched following research suggesting many drivers have been distracted by unusual road and place names. Issue date: Wednesday September 23, 2026. PA Photo. Photo credit should read: Ben Gregory-Ring/PA Media Assignments
    Minge Lane is proudly on the list of Britain’s rudest place names, which includes Sluts Hole Lane and Twatt (Picture: Ben Gregory-Ring/PA Media Assignments)

    The petition attracted only 100 signatures but a rival campaign – titled ‘Leave the Historic Name of Bell End Alone!’ – received more than 4,800 supporters at the time and the road name was left untouched.

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    More than half of Britons think that the UK has some of the funniest road and village names in the world, according to Asda Money’s survey. 

    They also found the cheeky names were a distraction, putting off two-thirds of drivers while six in 10 had missed their turn or exit and one in three nearly had an accident. 

    Britain’s rudest place names

    1. Sluts Hole Lane, Norfolk – 38%
    2. Butthole Lane, Leicestershire – 37%
    3. Bell End, Rowley Regis – 36%
    4. Twatt, Orkney – 35%
    5. The Knob, Northamptonshire – 33%
    6. Minge Lane, Worcestershire – 32%
    7. Sandy Balls, New Forest – 32%
    8. Cock-A-Dibby, Berkshire – 31%
    9. Slag Lane, Merseyside – 30%
    10. Fanny Avenue, Derbyshire – 29%
    11. Cocks, Cornwall – 29%
    12. Back Passage, City of London – 28%
    13. Shitterton, Dorset – 28%
    14. Titty Hill, West Sussex – 27%
    15. Fanny Hands Lane, Lincolnshire – 26%
    16. Happy Bottom, Dorset – 26%
    17. Cock Hill Lane, Birmingham – 25%
    18. Titty Ho, Northamptonshire – 25%
    19. Fingringhoe, Essex – 24%
    20. Wetwang, Yorkshire – 24%
    21. Crotch Crescent, Oxford – 23%
    22. Slack Bottom, West Yorkshire – 23%
    23. Jackass Lane, Kent – 20%
    24. Dumb Woman’s Lane, East Sussex – 20%
    25. Pratts Bottom, Greater London – 20%
    26. Great Snoring, Norfolk – 19%
    27. Twatling Road, Birmingham – 18%
    28. Fine Bush Lane, Ruislip – 17%
    29. Butt Hill Road, South Yorkshire – 17%
    30. Hornyold Road, Worcestershire – 17%
    31. Letsby Avenue, South Yorkshire – 15%
    32. Nickey Nackey Lane, Surrey – 14%
    33. North Piddle, Worcestershire – 12%
    34. Penistone, Barnsley, South Yorkshire – 10%
    35. Piddlehinton, Dorset – 7%

      Survey by Asda Money

  • As Expectations for a New Bull Run for Bitcoin (BTC) Rise, Are Things Turning Around? Bloomberg Analyst Mike McGlone Issues a Striking Warning About…

    As Expectations for a New Bull Run for Bitcoin (BTC) Rise, Are Things Turning Around? Bloomberg Analyst Mike McGlone Issues a Striking Warning About…

    Bitcoin, the leading cryptocurrency, has recently surged above $86,000, testing its highest levels in nearly eight months, prompting a noteworthy assessment from Mike McGlone, senior commodities strategist at Bloomberg Intelligence.

    Has Bitcoin Hit Bottom?

    In his assessment from the McGlone X account, he questioned whether Bitcoin’s decline to approximately $60,000 in 2026 would constitute the final bottom of the current correction.

    At this point, McGlone noted that the approximately $60,000 level Bitcoin reached earlier in the year might not be the final bottom in this cycle.

    McGlone likened Bitcoin’s price movement to the sharp decline in crude oil prices after it surpassed the $100 level in 2008. The analyst suggests that after Bitcoin makes its first monthly close above $100,000 in January 2025, it may enter a period of “high price correction” similar to the one experienced after oil exceeded $100 per barrel in 2008.

    At this point, McGlone questioned whether Bitcoin’s decline to around $60,000 in 2026 would indicate the completion of this process.

    $60,000 May Not Be the Real Bottom!

    At this point, the analyst noted that it is not yet clear whether the $60,000 level is a permanent bottom due to current macroeconomic conditions and increasing liquidity shortages. According to McGlone, Bitcoin is under pressure due to income alternatives from traditional finance.

    McGlone points out that the record-high stock market and the rise in US 10-year Treasury yields above 5% in the third quarter have created significant competition for assets like Bitcoin that do not provide income to investors.

    “With U.S. Treasury 10-year bond yields rising above 5% in the third quarter, there is increased competition for non-income assets.”

    In this context, McGlone points out that the correction Bitcoin experienced after its rise above $100,000 may not yet be complete. The analyst is cautious about whether the level around $60,000 seen in early 2026 is the ultimate bottom of this cycle for Bitcoin, given high Treasury bond yields, stock market risks, and weakening support from traditional markets, and does not rule out the possibility of a correction towards that level.

    *This is not investment advice.

  • ‘No legal grounds for fees on international strait’, says IOM chief

    ‘No legal grounds for fees on international strait’, says IOM chief

    ‘Everything was working fine before this conflict.’

    IMO’s Secretary-General Arsenio Dominguez says it’s not legal for countries to charge ships fees to use international straits, as Iran advances a bill that could see tolls applied in the Strait of Hormuz.

  • Donald Trump Insists White House Ban On CNN & MS Now “Lawful Under The First Amendment”; TRO Hearing Showdown Set For Wednesday

    Donald Trump Insists White House Ban On CNN & MS Now “Lawful Under The First Amendment”; TRO Hearing Showdown Set For Wednesday

    UPDATED: Coming up against a deadline set by a federal judge, the Justice Department on Tuesday night defended Donald Trump’s ban on CNN, Politico and MS NOW from the White House grounds. The response comes despite an outcry across media outlets that the restriction is a flagrant violation of the First Amendment.

    Leaning onto a Wednesday hearing on a temporary restraining order, the administration late Tuesday argued for Trump and top White House aides in its opposition filing that the “President’s actions are lawful under the First Amendment.”

    Adding to that, and sidestepping Trump’s previous quip that there was no particular reason for the ban, the Department of Justice is now claiming that CNN, MS Now and Politico have “engaged in a number of reporting incidents that have threatened national security” over stories on the construction of Trump’s much criticized ballroom and more. Swiping at past rulings on White House access, the DOJ is also maintaining that “While the D.C. Circuit has held that some areas of the White House grounds constitute a nonpublic that decision is wrong and should be overruled.”

    After Trump banned the three outlets on Friday, CNN, Politico and MS Now jointly sued the president and top staffers, claiming violations of the First and Fifth amendments.

    “This ban could not be a more direct assault on the First Amendment nor a more blatant violation of our most fundamental constitutional principles,” their lawsuit stated.

    Late Tuesday, the DOJ laid out POTUS’ POV.

    “The White House is the home and workplace for the Nation’s Commander-in-Chief,” the 19-page document from Assistant Attorney General Brett Shumate and others at the DOJ states. “Plaintiffs CNN, MSNOW, and Politico have long been granted privileged access to White House grounds. But the President concluded that they have failed to maintain basic minimum “standards of professionalism and decorum expected of those given access to the White House Complex, including” by ‘publishing sensitive or classified information.’”

    The DOJ also claimed that the revocation of credentials was “preliminary” and that notices were sent to the networks Tuesday. The letters, filed with the court and featuring no letterhead, gave them until Friday to contest the decision.

    The letter to CNN stated, “No President has been as transparent to the public or as accessible to the press as President Trump. Nevertheless, your organization has exhibited behavior in violation of the standards of professionalism and decorum expected of those given access to the White House Complex, including by trafficking in verifiable falsehoods about national security and other issues, and publishing sensitive or classified information.”

    The letter to MS Now cited, among other things, a report from a source that Trump had underestimated the “willingness of Iran to resume” the conflict with the U.S. The letter to Politico pointed to a report on the funding of the ballroom and how the Secret Service would invest in security improvements.

    Some of the stories cited had nothing to do with national security.

    “In September 2026, Politico Playbook relied on unnamed sources to paint the Republican midterm convention in Dallas as a disaster. Media reporting showed that the convention had over 100 million live stream views,” the letter to the outlet stated.

    Among the stories cited was a CNN piece on construction details of the White House ballroom, which the Trump team contended revealed “top secret” information. Other stories cited were reports on munition supplies in the war in Iran, and that the military had exhausted nearly 80% of its interceptors.

    Snapping at UN credentialed CNN reporters while in NYC on Monday, Trump has found himself out of the usual spotlight.

    Shortly after the filing Monday, the five major TV networks that make up the White House TV pool said that they were suspending coverage in solidarity, leaving a void in video of Trump at the White House and other events. The pool is made up of CNN, NBC News, ABC News, CBS News and Fox News. Other outlets, like the New York Times, have protested the ban in other ways, like withholding their use of images from the White House.

    U.S. District Judge Timothy Kelly has scheduled a hearing for Wednesday afternoon on the outlets’ motion for the TRO. Trump has already signaled that he expects the judge to rule in the networks’ favor and plans an appeal. Even though he appointed the judge in his first term, Kelly sided with then-CNN correspondent Jim Acosta after the network sued the Trump administration for revoking Acosta’s hard pass in 2018.

    The three outlets’ legal team, led by Theodore Boutrous Jr, bolstered their case earlier Tuesday when they noted a new D.C. Circuit decision on access to the steps of the Capitol. The judges ruled that the eastern steps of the Capitol were a “nonpublic forum” but speech regulations had to be “viewpoint neutral.”

    Trump has complained about the three outlets’ coverage of him, telling reporters, “There’s something wrong with a country that can allow people to write purposely negative stories.”

    Boutrous’ team also filed one of Trump’s Truth Social posts in which he said that he “sadly” appointed Kelly to the federal bench. They also filed a report on Trump’s outburst at CNN’s Kaitlan Collins, when she was among the reporters at the United Nations, asking questions of the president on Tuesday. Surprised at her appearance there, as she was credentialed via the UN, Trump told her, “You shouldn’t be here.”

    Shortly after the DOJ filing, the president against attacked Collins, as well as the judge.

    He wrote on Truth Social at 11:53 p.m. ET, “All of the SLEAZEBAGS, like Third Rate ‘Reporter,’ Kaitlan Collins, of Fake News CNN, a truly unhappy person, said they weren’t going to be covering me. Then why were they ranting and raving like Lunatics, in the Press Area, at the United Nations? Why was she there? She’s got a ‘TRUMP’ addiction, and so does CNN and MSDNC. They’re all sick, treasonous, and demented! The ‘good news’ is that they have a great, for them, and totally disloyal Judge.”

  • POTUS Again Lashes Out At Kaitlan Collins And Rants At Judge Who Will Decide Fate Of CNN, Politico And MS Now Ban

    POTUS Again Lashes Out At Kaitlan Collins And Rants At Judge Who Will Decide Fate Of CNN, Politico And MS Now Ban

    Donald Trump again lashed out at CNN‘s Kaitlan Collins, just as the Justice Department is defending the president’s ban on the network, MS Now and Politico from the White House.

    Late on Tuesday, on Truth Social, Trump wrote, “All of the SLEAZEBAGS, like Third Rate ‘Reporter,’ Kaitlan Collins, of Fake News CNN, a truly unhappy person, said they weren’t going to be covering me. Then why were they ranting and raving like Lunatics, in the Press Area, at the United Nations? Why was she there? She’s got a ‘TRUMP’ addiction, and so does CNN and MSDNC. They’re all sick, treasonous, and demented! The ‘good news’ is that they have a great, for them, and totally disloyal Judge. MAKE AMERICA GREAT AGAIN! President DONALD J. TRUMP”

    Collins, CNN’s chief White House correspondent, was at the United Nations on Tuesday when Trump arrived to speak to the General Assembly. As she shouted a question at him, he said he was surprised to see her.

    “You shouldn’t be here. You should not. You should not be here covering me. You said you weren’t going to cover me,” Trump told her.

    On Friday, Trump banned the three outlets from the White House grounds. CNN, Politico and MS Now filed a lawsuit Monday claiming violations of the First and Fifth amendments. A judge will hold a hearing later Wednesday on whether to grant the news outlets a temporary restraining order.

    CNN has made no announcement that it was not covering Trump. But after the White House removed it from the TV pool, the other four networks in the rotation agreed to suspend their participation in protest.

    The judge assigned to the case, Timothy Kelly, was appointed to the federal bench by Trump in his first term. In 2018, Kelly sided with CNN after its then-chief White House correspondent, Jim Acosta, had his hard pass revoked.

    In a filing late Tuesday, the Justice Department defended the ban, claiming that reporting from the outlets threatened national security. But the DOJ also cited stories that had nothing to do with those concerns, including a Politico report in which unnamed sources criticized the Trump’s midterm convention in Dallas.

    Attorneys for the networks filed reports on Trump’s comment to Collins at the UN, apparently hoping to add to evidence that the ban is an effort to suppress freedom of the press.

    A CNN spokesperson said, “Kaitlan Collins is an exceptional, trusted journalist being honored tonight for her depth of knowledge and the context she provides to audiences all over the world. She reports every day from the White House and the field with real strength and tenacity and skillfully brings that reporting to the anchor chair and CNN platforms every day. We stand by her to the fullest extent.”

  • FATF Releases Türkiye Report: What Shortcomings Were Identified in Cryptocurrency Companies?

    FATF Releases Türkiye Report: What Shortcomings Were Identified in Cryptocurrency Companies?

    The Financial Action Task Force (FATF), which published its first crypto guide in 2019, stated that Turkish cryptocurrency companies have comprehensive knowledge of their anti-money laundering obligations, but significant shortcomings remain in their implementation.

    In its review as part of Turkey’s fifth round of mutual assessment, the FATF noted that crypto asset service providers operating in Turkey generally have a sufficient understanding of money laundering and terrorist financing risks, but that implementation deficiencies persist in some areas.

    Compliance Gap in Crypto Companies!

    At this point, the FATF assessed that crypto asset service providers (VASPs) generally understood the money laundering risks and the compliance obligations that must be met to mitigate these risks.

    However, it was noted that there were some shortcomings in translating the rules into daily practice. Specifically, these shortcomings included the inadequate identification and monitoring of politically influential individuals (PEPs) among customers and the insufficient reporting of suspicious transactions.

    FATF also stated during its on-site inspection that Türkiye’s regulatory framework for virtual asset service providers is still in its early stages of implementation.

    …”In general, financial institutions and Virtual Asset Service Providers (VASPs) possess comprehensive knowledge of their anti-money laundering and terrorist financing obligations; however, significant deficiencies remain in their effective implementation. In particular, the identification and monitoring of politically influential individuals is only partially effective, and shortcomings in suspicious transaction reporting continue to be identified.”

    Statement from the Ministry of Treasury and Finance!

    In a statement issued by the Financial Crimes Investigation Board of the Ministry of Treasury and Finance, it was stated that Türkiye was found to be compliant with 38 of the FATF’s 40 recommendations, adding, “These results constitute an important indicator of the level our country has reached and demonstrate that our country is increasingly strengthening its capacity to combat money laundering and terrorist financing through legislative work, institutional arrangements, and practices.”

    The ministry also stated that the FATF assessment did not indicate any strategic shortcomings or grey list risks for Türkiye.

    *This is not investment advice.