Dar Global launches $4bn city project in Oman

The post Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference appeared on BitcoinEthereumNews.com. Key Takeaways Ethereum’s new roadmap was presented by Vitalik Buterin at the Japan Dev Conference. Short-term priorities include Layer 1 scaling and raising gas limits to enhance transaction throughput. Vitalik Buterin presented Ethereum’s development roadmap at the Japan Dev Conference today, outlining the blockchain platform’s priorities across multiple timeframes. The short-term goals focus on scaling solutions and increasing Layer 1 gas limits to improve transaction capacity. Mid-term objectives target enhanced cross-Layer 2 interoperability and faster network responsiveness to create a more seamless user experience across different scaling solutions. The long-term vision emphasizes building a secure, simple, quantum-resistant, and formally verified minimalist Ethereum network. This approach aims to future-proof the platform against emerging technological threats while maintaining its core functionality. The roadmap presentation comes as Ethereum continues to compete with other blockchain platforms for market share in the smart contract and decentralized application space. Source: https://cryptobriefing.com/ethereum-roadmap-scaling-interoperability-security-japan/

The post Paramount Skydance launches hostile bid for WBD after Netflix deal appeared on BitcoinEthereumNews.com. Paramount Skydance is launching a hostile bid to buy Warner Bros. Discovery after it lost out to Netflix in a monthslong bidding war for the legacy assets, the company said Monday. Paramount will go straight to WBD shareholders with an all-cash, $30 per share offer. That’s the same bid WBD rejected last week and equates to an enterprise value of $108.4 billion. The offer is backstopped with equity financing from the Ellison family and the private equity firm RedBird Capital as well as $54 billion in debt commitments from Bank of America, Citi and Apollo Global Management, Paramount said in a news release. A portion of the equity financing comes from outside Middle Eastern financing partners including Saudi Arabia’s Public Investment Fund, Abu Dhabi’s L’imad Holding Company PJSC, and the Qatar Investment Authority. Another portion derives from Jared Kushner’s Affinity Partners. Kushner is U.S. President Donald Trump’s son-in-law. Those partners have agreed to “forgo any governance rights,” including board seats, as part of their non-voting equity investment, according to a Paramount filing. The modifications allow the deal to be outside of the jurisdiction of the Committee on Foreign Investment in the U.S., or CFIUS. Shares of Paramount were 7% higher in morning trading Monday. Warner Bros. Discovery’s shares were up about 5% while Netflix was down more than 4%. “We’re really here to finish what we started,” Paramount Skydance CEO David Ellison told CNBC’s “Squawk on the Street” on Monday. “We put the company in play.” Paramount Skydance began its hunt for Warner Bros. Discovery in September, submitting three bids before WBD launched a formal sale process that ultimately brought in other suitors. On Friday, Netflix announced a deal to acquire WBD’s studio and streaming assets for a combination of cash and stock, valued at $27.75 per WBD share, or $72 billion. Paramount had been…

YIELDS on the Treasury bills (T-bills) to be offered this week could end lower ahead of expected rate cuts from both the US Federal Reserve and the Bangko Sentral ng Pilipinas (BSP). The Bureau of the Treasury (BTr) will auction off P22 billion in T-bills on Tuesday or P7 billion in 91-day securities and P7.5 […]