Netflix executives have reportedly discussed adding always-on live channels to the service. The channels would run genre-based programming around the clock, all comedies or all action films, according to a Wall Street Journal report relayed by The Verg…
Meta has had a miserable year on the market, flat while the Nasdaq-100 climbed 18%. That changed abruptly, with the stock posting its best week since early 2024, CNBC reports. Shares rose about 6% on Friday and roughly 15% across the week. The move was…
Amazon’s cuts have reached a scale that is hard to absorb. The company has laid off more than 57,000 corporate staff since 2022, around 16% of that workforce, CNBC reports. The pace has accelerated sharply. Roughly 16,000 people went in late January, t…
The most visible race in brain-computer interfaces involves surgery. But one of China’s most valuable neurotech firms is deliberately not competing in it, CNBC reports. BrainCo, based in Hangzhou, builds devices that read the brain from outside the sku…
Executives building the AI boom are unwavering. Demand is effectively bottomless, they say, even as the stocks that ride on it wobble, CNBC reports. Pat Gelsinger, the former Intel chief now at Playground Global, put it plainly. He thinks of AI demand …
The European Commission issued preliminary findings on Friday accusing Meta of building Facebook and Instagram to be addictive, giving the company a formal opportunity to respond before Brussels reaches a final decision that could trigger fines of up t…
OpenAI’s head of safety systems, Johannes Heidecke, is leaving the company following an internal restructuring that merges its safety and research teams under a single leader, Wired reported on Friday. Chief Research Officer Mark Chen told staff in a m…
Meta has pulled its Muse Image AI feature from Instagram and the Meta AI app just three days after launch, saying the tool “missed the mark” on user privacy. The model, the first image generator to emerge from Meta Superintelligence Labs under chief AI…
Apple has sued OpenAI in a California federal court, accusing the ChatGPT maker of using current and former employees to steal hardware designs as it prepares to launch AI-focused consumer devices. The lawsuit, filed on Friday, names OpenAI’s chief har…
Volkswagen has announced plans to gut its sprawling product range as it fights the worst crisis in its history. The carmaker will cut its model lineup by up to half over the coming years, CNBC reports. The group will also shrink production capacity to …