Disney managers told to identify layoff candidates, with 4K job cuts expected by April: report
The Walt Disney Co. is reportedly planning to lay off at least 4,000 current employees in April after CEO Bob Iger announced a plan to cut 7,000 jobs as a cost-saving measure.
Disney+ users paid up when the price rose
Disney retained 94% of subscribers from its old, ad-free Disney+ service after a $3 per month price increase, pushing the subscription to $10.99 per month.
Diamond Sports files for bankruptcy with $8B in debt
Sinclair Broadcast Group Inc.'s regional sports business Diamond Sports Group filed for bankruptcy after being unable to service debt. The filing comes three years after a 2019 deal to purchase the business from Walt Disney Co.
Morgan Wallen’s chart-domination strategy? Really long albums
Morgan Wallen has become one of the most significant new stars across pop music. If 28 songs from his album land on the Hot 100 singles chart, he will set a new record.
Tyler Perry expressed interest in buying majority stake of BET media group from Paramount Global
Tyler Perry has demonstrated interest in purchasing a majority stake in Black Entertainment Television, BET for short, which is currently controlled by Paramount.
Democratic Senators call on Meta to stop plan to release Metaverse app to teens
Democratic Senators Blumenthal and Markey wrote a letter to Meta CEO Mark Zuckerberg requesting that Meta not release a version of the metaverse Horizon Worlds for teenagers.
Samsung’s new Bixby feature allows users to clone their voice to respond to calls
Samsung's Bixby has released a new feature that allows users to create an AI-generate copy of their voice and tone by recording only a few sentences.
Microsoft bringing AI chatbot to Bing, Edge Internet browsers
The Microsoft Corporation announced on Wednesday it would introduce its Chatbot AI technology to its Bing and Edge Internet browsers.
AI take-over: Sci-fi fiction magazine won't accept submissions after surge of bot-written stories
The magazine regularly screens submissions for plagiarism and bot-generated stories, but over the past few months, these fraudulent submissions have spiked.
Ericsson to cut 1,400 Jobs as orders slow
The cuts are part of an effort the company announced late last year to reduce costs by 9 billion Swedish kronor, equivalent to about $861 million, by the end of 2023.
Tech giants’ cloud pains aren’t shared equally
Amazon’s CEO has cited reduced mortgage volume and cryptocurrency trading as factors affecting usage of the company’s AWS cloud service in the recent quarter.
T-Mobile outage hits users across US
Over a span of 24-hours, there were over 83,000 reports of users experiencing disruptions that affected cellular services according to a website that tracks outages.
Apple crash detection software triggers fake 911 calls
A new Apple feature is setting off false 911 calls. Crash detection is intended to call authorities when a user is in an accident, but is triggering even in a simple ski crash.
IBM reports highest annual revenue growth in a decade
IBM faces recession worries as a tech company focusing heavily on the cloud. Cloud revenue grew 2% while it took a $1 billion hit from foreign exchange rates.
Netflix plans to stop users from sharing passwords by end of March
Netflix told company shareholders in a recent letter that it plans on curbing users from sharing their account passwords by the end of March.
Netflix founder Reed Hastings stepping down as co-CEO
Reed Hastings, who founded Netflix in 1997, announced that he'll step down as co-CEO at the streaming platform and take on a new role as executive chairman.
Alexa, that isn’t Elvis! New music shuffle irks Amazon Prime users
Amazon has downgraded its Prime tier of Amazon Music to something akin to Pandora internet radio. To use playlists customer most upgrade to the Unlimited tier.
HBO Max increases monthly service fee by one dollar to $15.99
HBO Max has increased its monthly service fee for the first time in the platform's two-year history by one dollar to $15.99 starting this week.
School districts blocking ChatGPT amid fears of cheating, educators weigh in on AI
School districts are banning a new artificial intelligence-powered chatbot that can respond to prompts on demand, such as writing complex essays.
Netflix announces partnership to stream SAG Awards live
Netflix is partnering up with the Screen Actors Guild Awards to bring the star-studded ceremony its platform, the streaming giant announced on Wednesday.