Concern about living conditions on a US aircraft carrier that has been deployed in the Middle East for more than 250 days is leading a US senator to demand answers from the military about the vessel and putting more pressure on the Trump administration over the Iran war. Reports suggest US military members aboard the
European media conglomerate RTL Group on Tuesday posted first-half figures showing strong growth in streaming, with revenue up 3.9% to €2.9 billion ($ 3.3 billion), while revenues from its linear TV side and its Fremantle content business were down. The acquisition of pay-TV operation Sky Deutschland from Comcast in June has also increased the group’s revenue base.
Meta shares plunged on Wednesday as investors balked at its promise to continue spending on artificial intelligence (AI) projects as profits decline. Shares in the company behind Instagram and Facebook fell 11% after its results for the April-June quarter showed revenue grew 28% from a year earlier to $61bn (£45.6bn), while profits fell 14% to
Popular open source AI tool Ollama has raised a $65 million Series B, led by Theory Ventures, founder and CEO Jeff Morgan tells TechCrunch. This round follows an earlier $15 million Series A led by Benchmark’s Peter Fenton. In total, the company has raised $88 million. Ollama, which launched in 2023, helps developers run open-ended
Hong Kong — China’s economy got off to a strong start in 2023, as consumers went on a spending spree after three years of strict pandemic restrictions ended. Gross domestic product grew 4.5% in the first quarter compared to the previous year, the National Statistics Office reported on Tuesday. That beat the estimate of 4%