Jack Dorsey lays off 4,000, says others will do same 'within the next year'

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Paramount Skydance plans to combine Paramount+ and HBO Max into a single streaming service following the completion of its merger with Warner Bros. Discovery. CEO David Ellison confirmed the plan on an investor call Monday, saying the combined platform would serve over 200 million subscribers and position the company to compete with the biggest players in the streaming space.

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