The Federal Communications Commission has greenlit Paramount’s petition to allow foreign investors to own at least 49.5 percent of its equity—should the media behemoth successfully acquire Warner Bros. Discovery.

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      • Rhaedas@fedia.io
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        17 days ago

        China’s game may be to let the rest of the world eat each other and then step in to the chaos left.

        • frustrated_phagocytosis@fedia.io
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          17 days ago

          It’s probably in their interest to continue having a lot of stupid Americans with money to buy their products while they hold our debt. Unless another market exists to replace us, we can’t be allowed to completely collapse. Not that it’s much better being in limbo.