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Paramount is considering leaving California amid a legal battle over its $111 billion acquisition of Warner Bros. Discovery. The California Attorney-General and 11 other states are pursuing an antitrust case, arguing the merger would reduce competition. Paramount and Warner Bros. dispute the case and continue pursuing the transaction. A departure could impact 58,000 jobs and $21 billion in annual economic activity. The merger is on hold until 2027.

Credit Acceptance Corp. will pay $710M to settle allegations by 41 states that it issued high-risk loans to low-income borrowers. The settlement includes $60M in cash restitution and $388M in debt relief for affected borrowers. The company denies wrongdoing but says the settlement provides business certainty.

The European Commission proposed giving cities legal powers to restrict Airbnb-style rentals in areas with housing shortages. The Affordable Housing Act would require cities to prove housing stress and harm from short-term rentals before imposing limits. Airbnb shares fell 3% on the news, and the company criticized the lack of independent oversight. The proposal aims to create a common EU framework, replacing local regulations. It still needs approval from EU member states and the European Parli

The FCC approved Paramount's request to allow foreign equity ownership to exceed 25%, up to 100%, for its merger with Warner Bros Discovery. Investors include Saudi Arabia's Public Investment Fund and Qatar's QIA TMT Holding, each with non-voting stakes. The ruling requires compliance with national security conditions and no influence over content or management. FCC Commissioner Anna Gomez criticized the decision, calling for a full commission vote.

The FCC approved Paramount's request to allow 49.5% foreign ownership post its merger with Warner Bros. Discovery. The foreign investors, from Saudi Arabia, Qatar, and Abu Dhabi, will not hold voting stock. The merger faces an antitrust suit, with a trial set for March. Paramount aims to compete with big tech post-merger. Critics, including some Democratic senators and a media advocacy group, raised concerns over foreign influence.

Apple contested the UK government's secrecy around an order for encrypted data access in court. The government neither confirms nor denies such orders, but Apple argues this undermines open justice. The case focuses on secrecy, not the order's legality. The UK previously targeted global users but later narrowed the scope to UK users only. Apple removed Advanced Data Protection for UK iCloud users in response to the order.