Category: Latest Articles
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Trump says Netflix-Warner Bros deal ‘could be a problem’
U.S. President Donald Trump has said that he would have a say whether a proposed $82.7bn merger between Netflix and Warner Brothers should proceed. “I’ll be involved in that decision,” Trump told reporters. Trump did not say whether he favored the deal’s approval, but indicated a potential concentration of market power in the entertainment industry….
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Netflix agrees $83bn takeover of Warner Bros Discovery
Netflix has agreed an $82.7bn takeover of the studios and streaming businesses of Warner Bros Discovery, in a deal set to reshape Hollywood and create a new global entertainment powerhouse. Netflix’s deal with Warner would combine the largest global streaming service with its smaller rival as entertainment companies seek ways to add new subscribers and…
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AI companies’ safety practices ‘fail to meet global standards’
A new edition of the Future of Life Institute’s AI safety index says the safety practices of artificial intelligence companies including Anthropic, OpenAI, xAI and Meta are “far short of emerging global standards.” Max Tegmark, MIT professor and Future of Life president, observed: “Despite recent uproar over AI-powered hacking and AI driving people to psychosis…
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Utilities use AI to combat wildfire liabilities
Utilities including PG&E are using artificial intelligence start-ups to analyze satellite images and identify trees that pose a risk of falling onto power lines and igniting wildfires. The approach is seen as significantly cheaper than burying power lines, a process which costs over $3m per mile. AI-driven tree trimming can prevent about 80% of potential…
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Omnicom to cut 4,000 jobs in IPG takeover
Omnicom will cut more than 4,000 jobs and fold several well-known advertising agency brands as part of an immediate restructuring following the completion of its $13bn takeover of U.S. rival Interpublic (IPG). Reuters notes that the ad industry is under threat as artificial intelligence reshapes creative production and tech giants such as Meta make it…
