Paramount agreed to a request from 12 states to tie its federal antitrust case to a pre-existing lawsuit filed by Paramount+ subscribers. The move means the states’ challenge to the $111 billion merger with Warner Bros. Discovery will likely end up before Judge Araceli Martínez-Olguín, a Biden appointee who is already overseeing the earlier lawsuit.
IBM shares fell more than 25% at the market close on Tuesday after the company said it had misinterpreted the boom in AI spending. On Tuesday, eight days before the company’s scheduled earnings conference call, CEO Arvind Krishna released a letter to shareholders detailing a quarterly “performance shortfall,” including lower-than-expected revenue. “While we anticipated some
In a recent interview, Instagram head Adam Mosseri said he can see a time in the future, perhaps just a year or two, when it will be necessary to put limits on Meta employees’ spending of AI tokens. “I think you can imagine, at least in a year or two… that a strong engineer’s burn
China’s economic growth slowed sharply between early April and late June, as weak domestic demand and the impact of the Iran war on oil prices overshadowed the country’s strong exports. Official gross domestic product (GDP) figures showed the world’s second-largest economy grew 4.3% in the second quarter, below Beijing’s annual target, and after a 5%
The Blue Beetle is back! Xolo Maridueña will reprise his role as Blue Beetle in the “Superman” sequel, “Man of Tomorrow.” The film, currently in production, will be directed by James Gunn. Maridueña first played the character in the 2023 film “Blue Beetle,” directed by Ángel Manuel Soto. Maridueña played Jaime Reyes, a recent college
The MLB All-Star Game is back and the best players from the National and American Leagues will face off tonight. We’ve highlighted everything you need to know about how to watch the MLB All-Star Game, including live streaming options for those without cable or antenna. If you’re hoping to tune in, you’ve come to the
