Netflix shares surge as streamer wows ad community
The jump in Thursday’s share price puts Netflix closer to its highest close since April 5, 2022, when it finished the trading session at $380.15.
Disney content purge amid Disney+, Hulu merger means some films, TV shows could soon be unavailable
The Walt Disney company plans to consolidate its Disney+ and Hulu streaming services into a "one app experience," which will necessitate slashes in content production.
Amazon reportedly has more AI features in development for Astro robot
Amazon's robot Astro reportedly has future new artificial intelligence integrations in development. The technology has been referred to as 'Burnham,' Business Insider reported.
Warner Bros. Discovery projects profitability for its US streaming this year
Warner Bros. Discovery gave an update Friday on its U.S. streaming profitability timeline. CEO David Zaslav revealed the company now anticipates turning a profit in 2023.
Tech sector continues to shed jobs as Dropbox lays off 500
Dropbox announced Thursday that it will lay off 500 employees and shrink its workforce by 16% as the cloud storage firm deals with slow growth and looks to emphasize AI.
Companies turn to AI to avoid ‘cloud sprawl’
Companies are using artificial intelligence (AI) to identify overlapping cloud computing services and excessive data storage to find savings on IT systems.
Conservative version of Amazon gaining following by consumers feeling abandoned by woke corporations
PublicSq. CEO and founder Michael Seifert creates a new marketplace for businesses that respect 'fundamental' American values.
Paramount explores sale of majority stake in Noggin streaming service
Paramount is thinking of selling Noggin, its streaming and education platform for kids to focus on Paramount+ and Pluto as competition heats up from Netflix and Disney+
Apple CEO Tim Cook tells parents 'kids are born digital,' need screen time limits
Apple CEO Tim Cook said parents need to realize their children are "digital kids now" and set "hard rails" to guard against too much screen time on smartphones.
Tech expert gives AI wake-up call: 'Wolf' is here
With AI tools proven to be unreliable and not particularly truthful, is it time to put a pause on its revolution? Tech experts and academics Pengcheng Shi and Gary Marcus discuss.
Roku planning to lay off another 200 workers
Roku, in an SEC filing this week, says it is planning to cut another 200 workers as part of a plan to prioritize projects that will have a “higher return on investment."
Experts say biased data in ChatGPT could make AI ‘more dangerous,’ impact journalism
DataGrade founder Joe Toscano and MRC Free Speech America VP Dan Schneider said ChatGPT poses various dangers to jobs and information.
ChatGPT, AI platforms excite but also concern experts: "We need to ... learn how to work with these tools'
Experts spoke to Fox News Digital on how powerful AI platforms like ChatGPT are changing the world — and how Americans can expect their lives to be affected.
Apple CEO Tim Cook one of few US execs expected to attend China investment conference amid tensions
Apple CEO Tim Cook is reportedly set to appear at the China Development Forum this weekend in Beijing.
Russian iPhone competitor AYYA sells fewer than 1,000 units
The Russian smartphone meant to replace the Apple iPhone has experienced dismal sales since it was rolled out to consumers in October 2022.
Disney managers told to identify layoff candidates, with 4K job cuts expected by April: report
The Walt Disney Co. is reportedly planning to lay off at least 4,000 current employees in April after CEO Bob Iger announced a plan to cut 7,000 jobs as a cost-saving measure.
Disney+ users paid up when the price rose
Disney retained 94% of subscribers from its old, ad-free Disney+ service after a $3 per month price increase, pushing the subscription to $10.99 per month.
Diamond Sports files for bankruptcy with $8B in debt
Sinclair Broadcast Group Inc.'s regional sports business Diamond Sports Group filed for bankruptcy after being unable to service debt. The filing comes three years after a 2019 deal to purchase the business from Walt Disney Co.
Morgan Wallen’s chart-domination strategy? Really long albums
Morgan Wallen has become one of the most significant new stars across pop music. If 28 songs from his album land on the Hot 100 singles chart, he will set a new record.
Tyler Perry expressed interest in buying majority stake of BET media group from Paramount Global
Tyler Perry has demonstrated interest in purchasing a majority stake in Black Entertainment Television, BET for short, which is currently controlled by Paramount.