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Warriors star Butler out for season with torn ACL

Reuters

Jimmy Butler, a forward for the Golden State Warriors, has torn his right knee’s anterior cruciate ligament. He will miss the rest of the season.

Butler, 36, was injured on Monday in the Warriors’ 135-112 victory over the Miami Heat.

His agent Bernie Lee confirmed the report to ESPN, calling it a “gut punch” for Butler and the Warriors.

The Warriors are eighth in the Western Conference with a 25-win and 19-loss record, and they have won 12 of their previous 16 games.

The play-in tournament features the top six teams from each conference, with those who are ranked seventh to tenth competing against one another.

Before the 5 February trade deadline, the Warriors must make a decision regarding how to approach the rest of their season and the market.

The Warriors have won four NBA titles since 2015 under the direction of coach Steve Kerr and have been a fading force since their most recent triumph in 2022.

In order to support another championship bid, the Warriors must now consider whether to seek out additional reinforcements or rebuild for the future after purchasing Butler from the Heat in February 2025.

Lee is confident Butler, a six-time All-Star, will recover from this setback and win his first NBA title while the Warriors are still working until the end of the 2026-27 season.

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Netflix switches its Warner Bros offer to all-cash deal to quell Paramount

Warner Bros Discovery’s studio and streaming assets have been reduced to an all-cash offer on Netflix as a way to stop Paramount’s rival attempts to acquire the Hollywood gizmo.

According to a regulatory filing on Tuesday, the Warner Bros board voted unanimously for the new all-cash bid, which is currently $ 27.75 per share.

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Warner Bros is favored by Paramount Skydance and Netflix over its top film and television studios, extensive content library, and a strong fan base for the superheroes Batman and Superman from DC Comics and Game of Thrones.

Warner Bros has detested the David Ellison-led company, despite Paramount’s changing terms and aggressive media campaigns to try to persuade shareholders that its offer is better. Larry Ellison, the billionaire founder of Oracle, is a close ally of Donald Trump, the president of the United States. On Tuesday, Paramount’s all-cash offer was removed from the company’s comments.

The streaming pioneer claims that the meeting was scheduled to take place by April and that Warner Bros will convene a special investor meeting to vote on the Netflix deal.

Netflix co-CEO Ted Sarandos stated in a statement that “our revised all-cash agreement will allow an expedited timeline for a stockholder vote and provide greater financial certainty.”

Netflix’s stock is up 0.7%, with quarterly earnings scheduled to come out after the close of the market. Warner Bros’ shares increased 0.7% in midday trading while Paramount shares dropped 1.1 percent.

The bidding war for Warner Bros may not be over, according to Alex Fitch, portfolio manager for Harris Oakmark, the fifth-largest shareholder in the company as of September 30.

Fitch claimed that “this new agreement only increases the pressure.” “The changes demonstrate that Netflix is serious about winning, and Paramount must act with urgency as a result of the accelerated shareholder vote.” If Paramount wants to get this done, they must now make a clearly superior offer.

Netflix’s stock has fallen nearly 15% since the merger’s announcement on December 5, and it closed at $88 per share on Friday, which is significantly below the original bid’s $97.91 floor price. Paramount’s claim that its bid was better was supported by that drop.

Netflix’s new $ 27.75-per-share offer replaces its previous $ 23.25 cash and $ 4.50 stock bid.

A fixed cash amount will be paid by an investment-grade company to provide [Warner Bros] stockholders with certainty of value and liquidity right away after the merger is concluded, according to Warner Bros.

Additionally, the board of directors made a statement regarding the company’s valuation of Discovery Global, a planned spin-off that will include television assets like CNN, TNT Sports, and the Discovery+ streaming service.

Due to Warner Bros’ shareholders’ continuing ownership of the separately traded Discovery Global, the board has argued that the Netflix merger deal is superior to Paramount Skydance’s $30-per-share cash offer for the company.

The valuation of Discovery Global was based on three different methods employed by Warner Bros. By applying a single value across the entire company, they came to a price of $1.33 per share. If the spin-off became involved in a pending transaction, the price would be $6.86 per share.

The cable spinoff that is fundamental to the streaming service giant’s offer, according to Paramount, is essentially useless.

A deadline is approaching.

A Delaware court judge rejected the request, finding that Paramount had failed to demonstrate it would suffer irreparable harm from the alleged inadequate disclosures about Warner Bros’ cable TV business, so the rival bidder went to court on January 12.

A Reuters request for comment was not immediately responded to by Paramount Skydance, whose tender offer expires on January 21.

“Paramount will appeal to shareholders in another way. The appeal will be merely window dressing, according to E-marketer analyst Ross Benes.

As Warner investors weigh the worth of cable assets, the race is anticipated to come to a head at a shareholder vote later this year.

After considering the “price and numerous risks, costs, and uncertainties,” Warner Bros reiterated its reasons for rejecting the Paramount bid. It claimed that its $30 all-cash offer was insufficient.

The Warner Bros deal’s inclusion of all-cash on Netflix is a wise decision, according to Matt Britzman, senior equity analyst at Hargreaves Lansdown. Even if it doesn’t reduce regulatory scrutiny, “a cash bid removes uncertainty and is unquestionably more appealing from the perspective of Warner Bros.”

When Netflix merges, the two companies would have roughly $85 billion in debt, compared to $87 billion for Paramount. However, Netflix is much more valuable, reaching $ 402 billion on the market, compared to $ 12.2 billion for Paramount.

The Netflix tie-up would have a lower leverage ratio than Paramount’s, which is about seven.

According to the regulatory filing, Netflix also agreed to let Warner Bros reduce Discovery Global’s indebtedness by $ 260 million.

Warner Bros said in its filing that Netflix also has an investment-grade credit rating, whereas Paramount’s bonds have S&amp and P ratings and are likely to be put under even greater pressure.

Given that lawmakers from all political parties have expressed concerns that further media consolidation may lead to higher prices and less choice for consumers, winning over shareholders’ approval may only be the first step in what could be a protracted process.

How can Europe respond to Trump’s Greenland tariffs threat?

Fears of a trade war have been a result of the US’s claim to the Danish territory.

Due to his opposition to his plans to take control of Greenland, US President Donald Trump has threatened to impose tariffs on seven European Union nations and the UK.

Leaders of the EU are considering how to respond.

What choices do they have? What dangers exist for both sides, then?

Presenter: Maleen Saeed

Guests:

Rebecca Christie – Senior fellow at the European think tank Bruegel with a focus on economics

Ben Aris, the founder and editor-in-chief of bne IntelliNews

US envoy says SDF’s role in Syria has ‘largely expired’ after ISIL

According to US Special Envoy for Syria, the Syrian Democratic Forces (SDF) have “largely expired” as the country’s “primary anti-ISIS force on the ground” is ready to take over security responsibilities, according to US Special Envoy for Syria Tom Barrack.

The US military presence in northeastern Syria was historically justified primarily as a counter-ISIS partnership, according to Barrack on X.

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With Damascus joining the Global Coalition to Defeat ISIS as its 90th member in late 2025, Syria’s situation has “fundamentally” changed.

He claimed that Syria is now “willing and positioned to assume security responsibilities,” including control of ISIL (ISIS) detention facilities and camps.

After President Ahmed al-Sharaa announced that Kurds would be granted citizenship rights and protections for the Kurdish language, the envoy continued to claim that the Syrian government has now opened a “unique window” for Kurds to integrate as it adopts its position as the “anti-ISIS” force.

Following a four-day ceasefire announced by the government, Barrack added that the Kurdish community’s future in Syria is now “on the path to full integration.”

Ayman Oghanna, a journalist from Damascus, claims that the US and the SDF have enjoyed “a very long relationship.”

They have “more than a decade” equipped, trained, and fought alongside the SDF, and still have 900 troops in SDF territory, he said.

We spoke with Syrian Kurds in the days leading up to the conflict because they worried that Damascus’ growing ties with the SDF might cause the US to abandon its relationship with them, which is what seems to be happening.

The Syrian army and the SDF made a ceasefire deal, which was al-Sharaa’s biggest victory since the government’s 2024 fall, with Barrack’s statement coming after the two countries reached a truce.

In the city of al-Shaddadi on Monday, reports of clashes between the Syrian army and the SDF broke out, with those accused of having ISIL connections fleeing prison.

Brooklyn Beckham’s ex-girlfriend claims ‘Victoria didn’t like me’ as she breaks silence

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Tallia Storm, former flame Tallia Storm, shares her thoughts on the conflict and some of his mother Victoria’s more upsetting moves following Brooklyn Beckham’s blistering attack on his family.

As Brooklyn Beckham’s bombshell statement about his estranged family continues to cause shockwaves, one of his famous ex-girlfriends, singer Tallia Storm, tells the Mirror she is most definitely ‘Team Brooklyn’.

Recalling their time together as teens, circa 2014, Tallia called Brooklyn her ‘first love’, she says: “We were just 16. I was the first girl that had ever been spotted with Brooklyn.”

She was invited to Brooklyn at the time of the event, which was a music gig at Hanover Square in the capital. What transpired next shocked her.

She claims that Victoria sent a security team to the venue during the day to check it. “I didn’t realize it was that deep, but er, okay!” There were about 20 paparazzi outside the venue when my sister and I arrived at the concert that night while I was sound-checking.

It was wild for me to go through this, she continues. I was terrified because I didn’t want Brooklyn to believe I had called the paps!

On another occasion, Tallia claims she was meant to attend the Global Gift Gala with Brooklyn, hosted by Desperate Housewives star Eva Longoria – Victoria’s long-time pal who she knew, having previously been introduced to her by the former Spice Girl. But things didn’t quite work out as planned.

She goes on to say that she was supposed to sit next to Brooklyn and that we were all very excited, but he texted me the next day, saying that my mother wouldn’t let me enter, and I’m sorry. That was it. Evidently, Victoria disliked me or whatever.

Years later, when I first meet him, he’s so cool, so lovely, and that’s a big deal. However, that is an illustration of a PR blizzard that was completely unnecessary.

And Tallia maintains that she is in for a treat because of it. It’s always made me appear to be a fervent aspiring star. I never want to get involved in it because it feels like a little sticky web.

She continues, “I have never accepted a penny from anyone wanting to talk about Brooklyn.” But ultimately, I believe the light always shines through, and sometimes you have to allow life to flow freely.

When I met Brooklyn, I wasn’t “Tallia Storm,” but I was a girl who Elton John had discovered because she thought I had a certain “something” about me. Although we were just kids, we had a mutual crush on each other while I was still in school.

“When we started hanging out, David would drop him off at my house in London, I would go to theirs – I’ve met Victoria and honestly, it was just all lovely.”

Of Brooklyn’s explosive statement, Tallia confesses: “My first thought was, good for him. People have all heard a million stories over the years, and I just think, God bless Brooklyn for just coming out and sticking up for himself.

He has already had enough, I believe. I am 100% Team Brooklyn. That boy has endured a lot, according to what I believe the Beckham “web” has been through over the years. It has a significant impact on anyone. So, congratulations on his saying, “Enough is enough.” He is regaining control in this situation.

As for his wife Nicola Peltz, whom Brooklyn stated fiercely in his statement he had never been ‘controlled’ by, she says, “I’ve never met her personally, but I do think Nicola is Brooklyn’s soulmate. And I do think they’re a little dream team. Good for him, for taking a stand. I’m proud of him. It takes a lot to come out and say what he says.”

The Scottish star, whose mother is pr guru and entrepreneur Tessa Hartman CBE, adds, “Especially with boys, they tend to gravitate toward the wife-happy wife, happy life,” quoting one of her own brothers. Although I’m not sure if Victoria ever chose to attack Nicola, the choice is risky.

As she tells us, she feels for Brooklyn, growing up as a part of one of the world’s most famous families. “That boy hasn’t had an easy run. And he’s been heavily scrutinised whatever he does, from photographing elephants to cooking – he can’t catch a break. I take my hat off to him, and I hope he and Nicola feel a bit of weight has been taken off their shoulders, now.”

Tallia claims that the Brooklyn she knew wasn’t “teetering” on fame during their relationship. Simply put, he wasn’t that person. He was simply cool. Just having fun with the kids. Victoria’s invitation to my gig simply served as a cover story for it.

I’m not nearly as famous as Brooklyn, but I’m aware that whatever I’ve done because I’m constantly asked about Brooklyn, imagine him? I’ve given what he experiences a lot of thought.

As for Brooklyn’s comments that his mother had danced ‘inappropriately’ at his wedding, it’s not something she recognises but admits: “I know nothing about any of that. All I recall is Victoria always being very chatty and bubbly – she would always bring big energy.”

The first time she met the designer, she says: “I’ll never forget it, she was wearing a pair of stripy pyjamas – I just thought, how iconic. I only went to their Holland Park home a couple of times, but they just seemed like a normal, loving family. All very easy-going. I never saw any crazy, diva moments.”

Though they haven’t exactly stayed in touch and move in ‘totally different circles’ nowadays, Tallia has bumped into Brooklyn at events over the years and they’ll always catch up – but says she won’t be reaching out to him following his explosive post.

Heading soon to the Grammy Awards in the US as one of the star-studded music event’s red carpet presenters, the former Capital Breakfast host hopes to see her ex and his wife there. “If I see them, we’ll definitely have a chat”.

Last summer, Tallia said she believed the Beckhams ‘fall out and make up’ like any other family, but do ‘love each other’. Her opinion on that, sadly, has now changed entirely.

I like to keep my optimism going because my family is big and we are close, so I’d hate to split up with them. We always come to terms with our differences, despite how often I fight with my family. What’s it all for, my mother always reminds me of: if your family isn’t happy, how much fame and money suffice?

Continue reading the article.

“Maybe that’s the Beckhams’ issue.” They forbid any typical ups and downs. Perhaps the picture-perfect life has taken a toll. Simply put, I’m not sure. But sadly, I don’t believe there will ever be a return.