Technology

Netflix strikes deals in short-form video push

Netflix is pushing deeper into the short-form video territory dominated by TikTok and YouTube, striking licensing deals with a slate of major U.S. media publishers to carry bite-sized content on its platform.This post was originally […]

Technology

Samsung expects 1,800% operating profit leap on AI boom

South Korean technology giant Samsung Electronics forecast Tuesday a massive 19-fold jump in second-quarter operating profit from a year earlier, buoyed by sustained AI-driven demand for memory chips.This post was originally published on this site

Technology

Microsoft cuts 4,800 job as it revamps Xbox

Microsoft said Monday it was eliminating about 4,800 jobs—roughly 2% of its global workforce—in a cost-cutting move that will deliver a sweeping restructuring of its struggling Xbox gaming division.This post was originally published on this […]

Technology

Sky strengthens UK streaming offer with ITV deal

Sky television on Monday said it had agreed to buy ITV’s media and entertainment business for up to £1.6 billion ($2.1 billion), creating a heavyweight in UK streaming.This post was originally published on this site

Technology

AI race weakens climate pledges at Google, Amazon

Google and Amazon this week reported sharp increases in greenhouse gas emissions, driven by the frantic construction of artificial intelligence infrastructure that is pushing the tech giants further from their carbon-neutrality pledges.This post was originally […]