Tech stocks on display at the Nasdaq. Peter Kramer | CNBC The S&P 500 is trading at a record and the Nasdaq is at its highest in two years. Alphabet shares reached a new pinnacle on Thursday, as did Meta and Microsoft, which ran past $3 trillion in market cap. Don’t tell that to the … Read more
Paramount executive Bob Bakish attends the 2022 MTV Europe Music Awards (EMAs) at the PSD Bank Dome in Duesseldorf, Germany, November 13, 2022. Thilo Schmuelgen | Reuters Paramount CEO Bob Bakish announced layoffs at the media company Thursday, citing a need to “operate as a leaner company and spend less.” “Our priority is to drive … Read more
Omar Marques | Lightrocket | Getty Images Comcast topped both revenue and profit estimates in the fourth quarter as it lost fewer broadband subscribers than expected, and it raised its dividend 7%, the company said Thursday. Here’s how Comcast performed, compared with estimates from analysts surveyed by LSEG, formerly known as Refinitiv. Earnings per share: 84 … Read more
Shari Redstone, president of National Amusements and Vice Chairman, CBS and Viacom speaks at the WSJTECH live conference in Laguna Beach, California, U.S. October 21, 2019. Mike Blake | Reuters David Ellison’s Skydance Media and its financial backers are exploring a deal to take private all of Paramount Global, people familiar with the matter told … Read more
NEW YORK — Comedian Jon Stewart is rewinding the clock, returning to “The Daily Show” as a weekly host and executive producing through the 2024 U.S. elections cycle. Comedy Central on Wednesday said Stewart will host the topical TV show, the perch he ruled for 16 years starting in 1999, every Monday starting Feb. 12. … Read more
Microsoft CEO Satya Nadella speaks at the CES conference in Las Vegas on Jan. 9, 2024. David Paul Morris | Bloomberg | Getty Images Microsoft’s market cap surpassed $3 trillion in intraday trading Wednesday after the stock climbed more than 1% to around $404 per share. The milestone comes two weeks after Microsoft eclipsed Apple … Read more
“A process called reinforcement learning from human feedback is used right now in every state-of-the-art model,” to fine-tune its responses, Baum says. Most AI companies aim to create systems that appear neutral. If the humans steering the AI see an uptick of right-wing content but judge it to be unsafe or wrong, they could undo … Read more
Dwayne ”The Rock” Johnson and John Cena in action during WrestleMania XXVIII at Sun Life Stadium on April 1, 2012 in Miami Gardens, Florida. Ron Elkman | sports Imagery | Getty Images Sport | Getty Images Netflix co-Chief Executive Officer Ted Sarandos wants to make one thing clear about the company’s deal to license WWE’s … Read more
The Netflix logo displayed on a phone screen and its website on a laptop screen are seen in this photo taken in Krakow, Poland, June 8, 2023. Jakub Porzycki | Nurphoto | Getty Images Get ready to pay more money for Netflix. You had to read down to page six of Netflix’s shareholder letter to … Read more
NEW YORK — NEW YORK (AP) — “20 Days in Mariupol,” Mstyslav Chernov’s harrowing chronicle of the besieged Ukrainian city and the international journalists who remained there after Russia’s invasion, has been nominated for best documentary at the Academy Awards, handing The Associated Press its first Oscar nomination in the 178-year-old news organization’s history. The … Read more
