"If we're producing technology our customers can't live with, that's our failing," he says, explaining that FireAngel alarms have been calibrated to avoid making them overly sensitive, in order to reduce false alarms.
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But after several rejections, Paramount persistently upped its bid. It eventually came back with an all-cash offer at $31 per share and promised to cover the $7 billion regulatory termination fee if its deal with WBD doesn’t close, along with the $2.87 billion termination fee it must pay Netflix for abandoning its deal. Warner Bros. Discovery determined that the deal is “superior,” leading Netflix to walk away, saying it’s “no longer financially attractive.”
Deficit is the highest ever recorded by an English club