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PRESS DIGEST- New York Times business news - February 25

ReutersFeb 25, 2026 6:22 AM

- The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

- Warner Bros. Discovery WBD.O says Paramount's PSKY.O sweetened $31-a-share bid could lead to a superior offer to its $83 billion Netflix NFLX.O deal, extending a fierce takeover battle as both sides await regulatory review.

- Sen. Richard Blumenthal opened an inquiry into Binance after reports it moved $1.7 billion in crypto to Iran-linked entities, seeking records on the transactions and the suspension of internal investigators.

- Pentagon gives Anthropic a Friday deadline to loosen AI-use restrictions for classified military systems, threatening both a Defense Production Act order and a supply-chain blacklist if it refuses.

- UK start-up Wayve raises $1.2 billion at an $8.6 billion valuation to scale its AI self-driving software, aiming to deploy driverless taxis with Uber UBER.N this year and license its technology to global automakers.

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