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Paramount+ deal: Annual subscriptions are half off right now
Sometimes, rising prices for streaming services feels as inevitable as death and taxes. So when a serious discount is available, we tend to sit up and take notice. For a few weeks, you can get a whopping half off an annual subscription to Paramount+. A year of the Paramount+ Essential plan, which is ad-supported, will cost $30 compared to the usual $60. Paramount+ Premium, which is ad-free except [...]
Lenovo taps $2bn convertible market to refinance and buy back stock
Lenovo has raised $2bn through seven-year convertible bonds, and the most notable thing about the debt is that it pays nothing. The Beijing-based maker of computers and AI servers sold zero-coupon notes due in 2033, priced at a conversion premium of 47.5% to Wednesday’s closing share price. Investors are lending the company money for free, […]<br /> This story continues at The Next Web [...]
Meta lifts the floor on its AI spending as revenue jumps but cash flow collapses
Meta told investors it will spend even more on artificial intelligence this year, narrowing its capital-expenditure forecast for 2026 by lifting the floor rather than the ceiling. The company now expects to spend between $130 billion and $145 billion, up from a prior range that started at $125 billion, roughly double what it laid out […]<br /> This story continues at The Next Web [...]