Business
Netflix’s Ted Sarandos accuses James Cameron of spreading ‘misinformation’
Netflix co-CEO Ted Sarandos responds to criticisms over the streaming service’s proposed acquisition of Warner Bros. Discovery on ‘The Claman Countdown.’
Netflix co-CEO Ted Sarandos accused legendary director James Cameron of believing misinformation after Cameron criticized Netflix’s potential acquisition of Warner Bros. Discovery (WBD).
“I’m particularly surprised and disappointed that James chose to be part of the Paramount disinformation campaign that’s been going on for months about this deal,” Sarandos said on “The Claman Countdown” Friday.
Netflix announced its proposed acquisition of WBD, including HBO and HBO Max, in December. Days later, Paramount Skydance submitted a counter-all-cash offer.
Recently, Netflix has received an outpouring of criticism from some members of the Hollywood elite and California leaders over its proposed purchase of the studios.

Netflix co-CEO Ted Sarandos and legendary director James Cameron. (LEFT (Kevin Dietsch/Getty Images), RIGHT (Araya Doheny/Getty Images for SAG-AFTRA Foundation) / Getty Images)
Cameron raised concerns about the deal in a letter to Sen. Mike Lee, R-Utah, chairman of the Senate Judiciary Subcommittee on Antitrust, Competition Policy and Consumer Rights.
In the letter, the “Titanic” and “Avatar” director said Netflix’s business model is “directly at odds” with the theatrical film production business.
“Theaters will close. Fewer films will be made. Service providers such as VFX companies will go out of business. The job losses will spiral,” the letter reads in part.
Sarandos said he was “surprised” by Cameron’s criticism of Netflix’s proposed WBD acquisition.
“I met with James personally in late December and laid out for him our 45-day commitment to the theatrical exhibition of films and to the Warner Brothers slate,” the Netflix co-CEO said. “I have talked about that commitment in the press countless times. I swore under oath in front of the Senate subcommittee on antitrust that that’s what we were doing.”

Paramount is bidding against Netflix to acquire Warner Bros. Discovery and its streaming service HBO Max. (AaronP/Bauer-Griffin/GC Images / Getty Images)
Cameron has vocalized his concern that Netflix was pledging a theatrical release window of 17 days, but the company has repeatedly affirmed it will be 45 days.
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“45 days of theatrical exclusivity – that has been clear from the beginning,” Sarandos said. “I have never even uttered the word 17-day window.”
The Hollywood director also said Netflix would reduce the number of films WBD releases to theaters each year, currently about 15, a claim Sarandos rebuked.
“We will keep the Warner Brothers film and television studio running largely as it is today,” he told FOX Business. “Movies going to the theaters for 45 days, a healthy, robust slate of films every year. That is gonna continue.”

Netflix co-CEO Ted Sarandos insisted the streaming service would have better leadership over Warner Bros. Discovery, citing Paramount’s recent business struggles. ( Gabby Jones/Bloomberg via Getty Images / Getty Images)
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Sarandos also took aim at Paramount over its rival deal to purchase WBD, claiming it will cut $6 billion from WBD.
“The Paramount deal that’s floating around there and all the misinformation swirling around it is guaranteeing to cut jobs,” he said. “They’re guaranteeing to continue to make gigantic cuts to the entertainment industry. And then the alternative, we’re growing, growing, and they are promising to cut, cut, cut.”
Business
Trader Joe’s chicken fried rice recalled over glass contamination
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More than 3.3 million pounds of frozen chicken fried rice are being recalled after federal officials warned the products may contain glass.
Ajinomoto Foods North America is recalling approximately 3,370,530 pounds of frozen not-ready-to-eat chicken fried rice products that may be contaminated with glass, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced Friday.
The recall includes products sold at Trader Joe’s locations nationwide, while the Ajinomoto items were shipped only to Canada.
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Trader Joe’s frozen chicken fried rice is among more than 3.3 million pounds of products recalled over possible glass contamination. (Kevin Carter/Getty Images / Getty Images)
The FSIS said it was recalling 20-oz. plastic bag packages containing Trader Joe’s frozen chicken fried rice with stir-fried rice, vegetables, seasoned dark chicken meat and eggs.
The Ajinomoto product is sold in a carton containing six bags of “Yakitori Chicken with Japanese-Style Fried Rice.”
All the chicken fried rice items were produced between Sept. 8, 2025, and Nov. 17, 2025, according to the FSIS.
SALMON SOLD AT BJ’S WHOLESALE CLUB RECALLED OVER POTENTIAL LISTERIA CONTAMINATION

Trader Joe’s frozen chicken fried rice is included in a recall of more than 3.3 million pounds of products that may contain glass, federal officials said. (Scott Olson/Getty Images / Getty Images)
Federal officials said the issue was discovered after FSIS received four consumer complaints tied to glass being found in the product.
FSIS said there have been no confirmed reports of injury due to consumption of this product.
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The USDA said Trader Joe’s chicken fried rice sold nationwide is being recalled over possible glass contamination. (Plexi Images/GHI/UCG/Universal Images Group via Getty Images) / Getty Images)
Officials said the product may still be in retailers’ and consumers’ freezers and urged consumers to throw the items away or return them to the store.
Business
Clean Harbors (CLH) director Welch sells $204,802 in stock

Clean Harbors (CLH) director Welch sells $204,802 in stock
Business
Pfizer Stock: A Risky 6.3% Yield For Income-Oriented Investors (NYSE:PFE)
Labutes IR is a Fund Manager/Analyst specialized in the financial sector, with more than 18 years of experience in the financial markets. I have worked at several type of institutions in the industry, always at the buy side and related to portfolio management. Associated with the existing author The Outsider.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of PFE either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Business
Bridgestone Corporation 2025 Q4 – Results – Earnings Call Presentation (OTCMKTS:BRDCY) 2026-02-21
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Business
D-Street rebounds despite rising US-Iran tensions
On Friday, NSE’s Nifty rose 116 points or 0.5% to close at 25,571. BSE’s Sensex rose 316 points or 0.4% to end at 82,814. Both indices, which fell 1.4-1.5% the previous day, are up by as much as 0.4% for the week. “Escalating US-Iran tensions have disrupted market patterns as uncertainty is weighing on investor sentiment,” said Shrikant Chouhan, head of equity research, Kotak Securities.
Brent April crude futures held above the $71 mark on Friday evening, as fears of a potential US military strike on Iran drove prices higher. The latest fillip for oil prices came after US President Donald Trump said the world will find out over the next 10 days whether Washington will reach a deal with Iran or take military action. The two sparring countries have been in talks to resolve the nuclear dispute.
Elsewhere in Asia, Japan and Hong Kong fell 1.1% each, while South Korea gained 2.3%. China and Taiwan markets remained shut for the Lunar New Year. The pan-Europe index Stoxx 600 was up 0.5% at the time of going to print.
At home, the stock indices are stuck in a range, said analysts.
“Over the past three to four months, the Nifty has largely traded within a 1,000-point range, reflecting a phase of consolidation,” said Rohan Shah, technical analyst at Asit C Mehta Investment Intermediates. “Sellers emerge as the index approaches the 26,000 mark, while buying interest is seen near 25,000.”
The broader market mirrored the cautious tone, with performance remaining a mixed bag. The Nifty Midcap 150 gained 0.5%, while the Nifty Small-cap 250 fell 0.2%. On the BSE, the breadth remained weak with 1,917 shares advancing against 2,265 declines.Despite the macro-heavy clouds, some fund managers see a silver lining in the valuation churn. Ketan Gujrathi, fund manager-Equity at Quantum AMC, said while delayed US rate cuts and higher crude prices remain hurdles, foreign Institutional Investors (FIIs) have subtly shifted their stance.
“FIIs have turned marginal buyers this month, moving from a bearish stance to a more neutral outlook,” Gujrathi said. Foreign portfolio investors net sold shares worth ‘935 crore. Domestic institutions were buyers to the tune of ‘2,637 crore. So far in February, overseas investors have remained net buyers worth ‘13,243 crore.
Business
SBI in talks with Japanese lenders for M&A financing
“We have been talking to Japanese banks mainly because they’ve been active in that.
But there’s no preference for anyone. Each transaction will bring a set of bankers together. It could be either a relationship, either at the acquisition company or at the target company. Many a time, the banks are identified based on who’s the acquirer, who’s the target,” Setty said, adding that India’s largest lender will soon get a board approval to form a policy on this. Final guidelines announced earlier this month allow Indian banks to finance up to 75% of an acquisition’s cost in any domesti M&A with a 3:1 debt-equity ratio.
Business
Clean Harbors EVP Gabriel sells $998k in stock

Clean Harbors EVP Gabriel sells $998k in stock
Business
Forward Questionable After Brutal Fall
Los Angeles Clippers forward John Collins exited Friday night’s matchup against the rival Los Angeles Lakers with a head injury after a hard fall late in the second quarter, leaving him bleeding and appearing concussed in a scary moment that halted play at Crypto.com Arena.

The incident occurred with about 18 seconds remaining in the first half. Clippers guard Bennedict Mathurin lobbed a pass toward Collins, who leaped for an alley-oop attempt. Lakers center Jaxson Hayes disrupted the play by undercutting Collins in mid-air, preventing a clean landing. Collins crashed to the hardwood, striking the left side of his head forcefully. Blood quickly became visible from the impact site as he lay on the court. Teammates Brook Lopez and assistant coach Jasen Powell helped Collins to his feet.
Despite initial insistence from officials that he attempt the resulting free throws, Collins was escorted to the locker room for evaluation, walking unsteadily. The Clippers later announced he was questionable to return, undergoing concussion protocol testing. He did not start the second half, with Bennedict Mathurin taking his spot in the lineup.
As of late Friday night, no official concussion diagnosis was confirmed, though the severity of the fall raised immediate concerns. Collins will likely face additional medical evaluations overnight and into Saturday to determine clearance for future games. The team has not released a timetable for his return, but head injuries typically trigger mandatory protocols that could sideline players for days or longer.
Prior to the injury, Collins contributed significantly in the first half. The 6-foot-9 power forward scored points efficiently, shooting 5-of-8 from the field including a running layup earlier in the quarter. He provided energy off the bench in what has been a resurgent season for the veteran, averaging around 14.2 points, 5.4 rebounds and solid efficiency since joining the Clippers’ rotation.
The Clippers trailed 72-65 at halftime following the incident, with the Lakers holding momentum in the crosstown rivalry game. Kawhi Leonard and other stars stepped up in Collins’ absence, but the loss of his interior presence and scoring punch tested the team’s depth. Los Angeles Clippers entered the contest at 27-28 overall, battling for positioning in a competitive Western Conference.
The play drew scrutiny on social media and broadcasts, with replays highlighting Hayes’ positioning. No flagrant foul was called on the sequence, though some analysts suggested it warranted review. Hayes, a physical defender, has been involved in similar contact plays this season without prior suspensions.
Collins, 28, has been a key piece for the Clippers this year following offseason moves that reshaped the roster. Trades sent Ivica Zubac elsewhere and shifted dynamics, increasing Collins’ role. He returned from a minor groin injury in mid-January and had been scoring in double figures consistently, shooting over 62% from the field in recent stretches. His athleticism and rebounding have bolstered a frontcourt featuring veterans like Brook Lopez and emerging talents.
This marks a setback for a player who has battled injuries throughout his career but showed durability this season. The Clippers’ medical staff will monitor closely, as repeated head impacts carry long-term risks under modern NBA protocols emphasizing player safety.
Fans and teammates expressed concern online. Posts circulated videos of the fall, with many wishing Collins a speedy recovery. “Prayers up for JC, that looked nasty,” one supporter wrote. The Clippers organization issued no further immediate statement beyond the questionable tag, focusing on game management.
The Lakers-Clippers rivalry remains intense, with both teams vying for playoff seeding in the West. Friday’s game featured stars like LeBron James (questionable entering with knee soreness) and Kawhi Leonard, adding stakes beyond the injury. However, Collins’ exit overshadowed much of the narrative in real time.
As evaluations continue, the Clippers face upcoming challenges without one of their reliable bigs. Potential increased minutes for Mathurin, Derrick Jones Jr. and others could test bench depth. Collins’ status will be updated Saturday or Sunday, with the league’s concussion protocol requiring symptom-free progression before clearance.
The incident serves as another reminder of the physical toll in the NBA, where high-flying plays can turn dangerous in an instant. For now, the focus remains on Collins’ health and a potential return when medically safe.
Business
Rs 4,300 crore IPO rush next week: Clean Max, PNGS Reva among 9 public offers to hit the market
The combined mainboard and SME fundraising will be close to Rs 4,300 crore in the next week. This will test investor appetite at a time when markets remain selective and sector-specific.
Clean Max Enviro Energy Solutions IPO
The largest issue of the week is Clean Max Enviro Energy Solutions, which is aiming to raise Rs 3,100 crore through a combination of a Rs 1,200 crore fresh issue and a Rs 1,900 crore offer for sale. The IPO opens on February 23 and closes on February 25.The price band is set at Rs 1,000 to Rs 1,053 per share. Shares are scheduled to list on March 2 on the BSE and NSE. In the grey market, the GMP is muted at just close to 1% over the IPO price.
Clean Max is India’s largest commercial and industrial renewable energy provider as of March 2025, according to a CRISIL report. As of July 2025, it had 2.54 GW of operational, owned and managed capacity, along with 2.53 GW under execution.
The company sells renewable power under long-term power purchase agreements and energy attribute purchase agreements. It also provides EPC, operations and maintenance services, along with carbon credit solutions.
Financially, the company reported total income of Rs 1,610 crore in FY25 with profit after tax of Rs 19.43 crore. Axis Capital is the book running lead manager.
Also Read | Infosys-Anthropic deal sparks fresh debate: Is AI now an opportunity, not a threat, for Indian IT?
PNGS Reva Diamond Jewellery IPO
PNGS Reva Diamond Jewellery plans to raise Rs 380 crore through a fully fresh issue. The IPO opens on February 24 and closes on February 26. The price band has been fixed at Rs 367 to Rs 386 per share, with listing expected on March 4. The shares are commanding a moderate premium of 4% in the grey market.
The company operates under the brand “Reva” and offers diamond and precious stone jewellery set in gold and platinum. As of September 2025, it operated 34 stores across 25 cities in Maharashtra, Gujarat and Karnataka under FOCO, FOFO and COCO models.
For FY25, PNGS Reva reported total income of Rs 259.11 crore and profit after tax of Rs 59.47 crore. The IPO has a heavy institutional skew, with not less than 75% of the net issue reserved for QIBs. Smart Horizon Capital Advisors is the lead manager.
Omnitech Engineering IPO
Omnitech Engineering is looking to raise Rs 583 crore via a mix of Rs 418 crore fresh issue and Rs 165 crore offer for sale. The issue opens on February 25 and closes on February 27. The price band is Rs 216 to Rs 227 per share, with listing scheduled for March 5.
The company manufactures precision-engineered components and provides turnkey industrial automation and mechanical systems across sectors such as automotive, aerospace, pharmaceuticals and general manufacturing.
Omnitech operates three manufacturing facilities in Gujarat and had 1,807 permanent employees as of September 30, 2025. In FY25, the company reported total income of Rs 349.71 crore and profit after tax of Rs 43.87 crore.
Proceeds from the fresh issue will be used for debt repayment of Rs 50 crore, setting up new projects across two facilities, capital expenditure at an existing facility and general corporate purposes. Equirus Capital is the book running lead manager.
SME IPOs also lined up
Alongside the mainboard offerings, six SME IPOs are scheduled next week. Shree Ram Twistex is set to raise Rs 110.24 crore and will open between February 23 and February 25. Kiaasa Retail plans to raise Rs 69.72 crore on the BSE SME platform during the same window. Accord Transformer and Switchgear, with an issue size of Rs 25.59 crore, and Mobilise App Lab, aiming to raise Rs 20.10 crore, are also scheduled to open on February 23.
Striders Impex will open on February 26 to raise Rs 36.29 crore on NSE SME, while Yaap Digital is also expected to hit the SME platform.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
Business
Humanoid Robots Steal the Show at Spring Festival Gala
Humanoid robots showcased their capabilities at China’s Spring Festival Gala by performing acrobatic dances and kung fu routines. The event highlighted advances in robotic technology, with these humanoids captivating audiences through their impressive agility and coordinated movements during the cultural celebration.
Humanoid robots have recently captured the attention at the Spring Festival Gala, China’s most celebrated annual event. Marking a significant technological milestone, these robots showcased advanced artificial intelligence and interactive abilities, surprising viewers with their lifelike movements and conversational skills. Their presence symbolizes China’s rapid progress in robotics and futuristic innovation, highlighting the nation’s commitment to integrating technology into cultural celebrations.
During the gala, humanoid robots performed singing, dancing, and even engaging in dialogues with hosts, demonstrating the blend of entertainment and science. Their smooth coordination and expressive gestures impressed audiences worldwide, earning widespread admiration. Such displays of robotic prowess not only entertain but also promote interest in STEM fields among the younger generation.
The appearance of humanoid robots at the Spring Festival Gala signals a new era of technological integration in entertainment and daily life. Experts believe these innovations will pave the way for smarter cities, healthcare, and service industries. As China leads in robotics development, the event underlines the transformative potential of AI-powered humanoid robots in shaping the future.
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