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Netflix walks away from its deal to buy Warner Bros. after Paramount came back with a better offer
Posted onThe transaction we negotiated would have created shareholder value with a clear path to regulatory approval. However, we’ve always been disciplined, and at the price required to match Paramount Skydance’s latest offer, the deal is no longer financially attractive, so we are declining to match the Paramount Skydance bid. We believe we would have been…
Disneys deal with OpenAI is about controlling the future of copyright
Posted onThis morning Disney and OpenAI announced a three-year licensing agreement: Starting in 2026, ChatGPT and Sora can generate images and videos incorporating Disney IP, including more than 200 characters from the company’s stable of Star Wars, Pixar and Marvel brands. To say these companies make for strange bedfellows is an understatement. The agreement brings together…
Apple faces lawsuit over alleged theft of mobile wallet technology for Apple Pay
Posted onApple Pay was launched in 2014 with features that Fintiv claims were derived from CorFire’s technology. Credit: chrisdorney / Shutterstock.com Apple is currently facing a lawsuit filed in the Northern District of Georgia, Atlanta Division, by Fintiv, which accuses the tech giant of illicitly acquiring mobile wallet technology used to develop its payment service, Apple…
New to Investing? This 1 Computer and Technology Stock Could Be the Perfect Starting Point
Posted onBuilding an investment portfolio from scratch can be difficult, especially if you’re new to investing. It’s easy to feel overwhelmed with so many different investment options out there, but focusing on stocks that are set to outperform the market over the next 12 months is an excellent place to start. Let’s now take a look…
Runway releases its first world model, adds native audio to latest video model | TechCrunch
Posted onThe race to release world models is on as AI image and video generation company Runway joins an increasing number of startups and Big Tech companies by launching its first one. Dubbed GWM-1, the model works through frame-by-frame prediction, creating a simulation with an understanding of physics and how the world actually behaves over time,…
