Blog•Mar 20, 2026
Trump Cheers Oligarch Takeover of CNN
President Trump and Defense Secretary Pete Hegseth publicly backed the Ellison family’s bid to acquire CNN as part of Paramount‑Skydance’s $110 billion purchase of Warner Bros. Discovery, while the DOJ antitrust division reviews the deal. Meanwhile, xAI faces a class‑action lawsuit alleging its Grok model was used to create child sexual abuse material, highlighting growing legal exposure for generative‑AI firms. Meta is weighing a 20 % workforce reduction to save up to $12 billion, and The Washington Post lost over 60 000 digital subscribers after Jeff Bezos’ recent layoffs.
