Warner Bros Discovery reported a bigger-than-expected quarterly loss on Friday, as the media conglomerate battled a weak advertising market and the fallout of the twin Hollywood strikes on content generation.
Shares of the company, forged by the union of WarnerMedia and Discovery, tumbled nearly 12%, even as it beat Disney and Paramount to an inaugural annual profit for the streaming business. Shares of Paramount fell more than 5%.
The results high
After reports earlier this week that Reddit is planning to allow 75,000 of its power users to buy its upcoming shares at its initial public offering (IPO) price, we now have more details about the platform’s plan to go public. That’s because yesterday the company published the prospectus for its public offering. Here’s what that prospectus does and doesn’t reveal.
What we know
- Classes of Reddit stock: The company will hav
If you’re planning to go into the hospitality industry, the pathway is increasingly going to involve some sort of familiarity with AI. That’s one of the key messages in “Artificial Intelligence, Machine Learning, and Robot Applications in Hospitality Businesses,” a new book by hospitality professor Rachel J.C. Fu. In the following Q&A, Fu discusses how the hospitality jobs of the future will rely more and more on technology to provide a pleasant guest experience.
All across the country, lawsuits are piling up challenging state laws that attempt to regulate Big Tech platforms in one way or another. Some of the suits take aim at laws requiring new safeguards for kids online. Others are targeting attempts to govern how social media platforms can moderate political speech. All of the litigation has at least one thing in common: the Big Tech lobbying firm behind it.
Over the past few years, NetChoice, which was founded in 2001, has emerged as the
The brightest object in the universe—at least, the brightest we’ve seen yet—shines 500 trillion times brighter than the sun, and it eats a sun a day.
Objects like these are rare, and despite their objective brightness, remain elusive and hard to spot. This record-breaker was first spotted in 1980 and mischaracterized as a regular old star. Then, in a study conducted by a team out of Australia using the Siding Spring Observatory, it was recast as a quasar. Observ
Spend any time interacting with AI chatbots and their tone can start to grate. No question is too taxing or intrusive for the noncorporial assistants, and if you probe under the hood of the bot too much, it’ll respond in a platitudinous way designed to dullen the interaction.
Nearly a year and a half into the generative-AI revolution, researchers are starting to wonder whether that deathly dull format is the best approach.
“There was something off with the to
In 1978, Jensen Huang was a dishwasher and busboy at a Denny’s restaurant in Portland, Oregon, hustling for tips and a minimal salary. When he goes to sleep Thursday night, he will do so as one of the richest people in the world.
Nvidia shares skyrocketed following the company’s breakaway earnings report Wednesday evening. Shares were 15% higher in mid-afternoon trading Thursday, climbing roughly $104 per share since yesterday afternoon, to around $778. And, as of last
Google said Thursday it’s temporarily stopping its Gemini artificial intelligence chatbot from generating images of people a day after apologizing for “inaccuracies” in historical depictions that it was creating.
Gemini users this week posted screenshots on social media of historically white-dominated scenes with racially diverse characters that they say it generated, leading critics to raise questions about whether the company is overcorrecting for the risk of
Imagine you’re driving to work on a rainy day, when a distracted, reckless driver hits your car out of nowhere. With a “boom,” an airbag deploys faster than you can blink your eyes to save your life.
That airbag deployed rapidly thanks to an energetic material called sodium azide, which generates nitrogen gas during a chemical reaction to inflate your airbag. But what’s an energetic material?
Energetic materials include prope
For all the considerable—and, yes, over-the-top—attention that artificial intelligence has received since ChatGPT first launched in 2022, we still mostly interact with this new form of computing in an old school way: We type, the chatbot answers.
Still, AI chatbots have become so immensely popular—used by something like one-third of Americans, per one survey last summer—that there’s already talk of a bot bubble.But chatbots may not be the future&#x