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Recent Editions
Risk Channel
North America
U.S. President Donald Trump has said that he would have a say whether a proposed $82.7bn merger between Netflix and Warner Brothers should proceed. "I'll be involved in that decision," Trump told reporters. Trump did not say whether he favored the deal's approval, but indicated a potential concentration of market power in the entertainment industry. At an event in Washington DC, Trump said Netflix has a "big market share" and the firms' combined size "could be a problem." Bloomberg reports that Netflix co-CEO Ted Sarandos met with Trump at the White House in mid-November to discuss the potential acquisition. Trump reportedly told Sarandos that Warner Bros. should sell to the highest bidder, and Sarandos argued that Netflix's acquisition of the company would not create a monopoly. Paramount, which triggered the auction of Warner Bros., may launch a hostile bid, Bloomberg notes.
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Risk Channel
UK/Europe
Over 100 MPs have urged the UK government to implement binding regulations on advanced AI systems. The cross-party initiative highlights concerns that AI could threaten national security. The campaign, co-ordinated by Control AI, calls for the UK to assert independence from US lobbying against regulation. Former Defence Secretary Des Browne said super-intelligent AI "would be the most perilous technological development since we gained the ability to wage nuclear war," arguing that only international co-operation "can prevent a reckless race for advantage that could imperil us all." Conservative peer Zac Goldsmith voiced concerns that "governments are miles behind the AI companies and are leaving them to pursue its development with virtually no regulation." A spokesperson for the Department for Science, Innovation and Technology said: "AI is already regulated in the UK, with a range of existing rules already in place."
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