March 2, 2026

Why Netflix Dropped The Warner Bros. Deal

Mark Matlock / March 2, 2026

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Why Netflix Dropped The Warner Bros. Deal

This week, Netflix shocked the entertainment industry by refusing to increase its bid for Warner Bros. Discovery, paving the way for Paramount Skydance to acquire the Hollywood studio. Ted Sarandos and Greg Peters, coCEOs of Netflix at the time, claimed to be practicing financial restraint.More information on Netflix executives' decision to back down from a bidding war they appeared to win back in December may be found in a recent Bloomberg piece. For starters, Netflix's stock price dropped 30% after the company announced the acquisition, but it rose about 14% after the announcement that it was backing out. This suggests that the streaming behemoth's stockholders were extremely doubtful that the merger was a good one. (Paramount also paid it a $2.8 billion breakup fee.) Another is that once Paramount made a higher offer and appeared prepared to engage in multiple rounds of bidding, Netflix's commitment to the agreement allegedly faltered. Sarandos might have already made up his mind to give in by the time he met with Trump administration officials on Thursday.In fact, Sarandos allegedly told President Donald Trump, "I accepted your advise," after Trump had earlier cautioned him against overpaying. Warner Bros. employees are now concerned about CNN being pressured by Republican politicians and significant studio layoffs.

by Mark Matlock

Xiaomi Launches 17 Ultra & AirTag-Style Tracker

In advance of the Mobile World Congress (MWC) in Barcelona, Xiaomi today unveiled a number of devices, including an ultra-thin power bank, a Xiaomi Watch 5 smartwatch, an AirTag clone, and a flagship smartphone with a camera. The Chinese company has cobranded the Xiaomi 17 Ultra smartphone with Leica, a manufacturer of cameras.As part of the collaboration, it is producing filters in the German camera company's design and utilizing Leica lenses. The phone features a 1inch, 50megapixel primary sensor with an F/1.67 aperture.However, the 200megapixel telephoto camera with a changeable focal length of 75mm100mm equivalent is the main draw.This implies that you have an optical zoom range of 3.2x to 4.3x.Additionally, the phone features a 50 MP f/2.2 ultrawide camera. Another noteworthy feature is the phone's 6,000 mAh battery (the Chinese version has a larger 6,800mAh battery).The phone supports Xiaomi's Hypercharge wireless technology at 50W and may be charged using a 90W USB PD-PPS. The gadget features a 6.9inch Xiaomi HyperRGB OLED screen that is shielded by Shield Glass 3.0 from Xiaomi.Qualcomm's most recent Snapdragon 8 Elite Gen 5 CPU, which was also utilized in the just-released Galaxy S26 series, was chosen by the company. To commemorate the camera firm's 100th anniversary, the company is also launching a unique Leica edition phone.The gadget's body is made of a sturdy aluminum alloy and is anodized with nickel. On the software side, Xiaomi has also included a Leica theme. The gadget contains a revolving ring that simulates a real camera's zoom.Additionally, the limited edition features a "Leica Essential mode" with filters that replicate images from the Leica M9 and Leica M3. With its HyperCharge technology, Xiaomi introduced the Xiaomi 17, a device with a larger 6,330 mAh battery that can be charged at 100W. Additionally, the business is releasing two photography accessories for the Xiaomi 17 Ultra.With a twostage shutter button and a video recording button, the 17 Ultra Photography Kit is a Bluetoothenabled snapon.With its leather finish, video recording button, detachable shutter button, and zoom control, the Xiaomi 17 Ultra Photography Kit Pro is designed to resemble a real camera.This kit uses a USBC connector to snap on, and it runs on a 2,000 mAh battery. Users can also utilize the phone's new fastshot mode with this add-on. The business is bringing these devices to the UK and the EU with this launch.The starting price for the Xiaomi 17 and Xiaomi 17 Ultra is €999 and €1,499, respectively.The Leica edition costs €1,999 and has 16GB of RAM and 1TB of storage.The cost of the Xiaomi 17 Ultra Photography Kit is €99.99, while the Xiaomi 17 Ultra Photography Kit Pro costs €199.99. In addition to phones, the company introduced a number of other gadgets, such as a scooter.According to Xiaomi, the range of its Electric Scooter 6 Ultra is 75 km and its max power is 1200W.The scooter features disc brakes on both the front and rear and 12inch allterrain tires.It measures things like speed and range using a threeinch TFT display.The scooter comes in five distinct models, the most expensive of which costs €799.99. The starting price is €329.99. Additionally, the business unveiled a new Xiaomi tag, which functions similarly to an AirTag and is compatible with Google Android Find Hub and Apple Find My.The tag has a button cell battery that lasts more than a year and weighs only 10 grams.To locate the tag or the moment it is attached, you can even remotely play a sound. This tag costs €14.9 for a single item and €49.99 for a box of four. Additionally, the business unveiled a thin power bank that is only 6 mm thick. The powerbank contains a 5,000 mAh battery and weighs 98 grams. With a cable connection, it can charge devices at 22.5W, and with a wireless connection, it can charge them at 15W.Because the powerbank is magnetic, it may adhere to compatible phones, such as iPhones, and provide wireless charging. The black and silver versions of the powerbank cost €59.99. It costs €64.99 in an orange colorway as well.

by Mark Matlock

Memory Shortage Hits Smartphone Shipments

Due to a severe RAM shortage brought on by the growing demand for computers and data centers to support AI, memory costs are skyrocketing. According to analysis firm IDC, this will result in a 12.9% decline in smartphone shipments this year, the largest decline in a single year in over ten years. Manufacturers shipped 1.26 billion devices in 2025, according to a forecast released earlier this year by IDC.According to the company, that amount will only reach 1.12 billion this year. The memory crisis will cause more than a temporary decline; it marks a structural reset of the

by Mark Matlock

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