Warner Bros Discovery writes down TV assets by $9 billion amid uncertainty over fees, sports rights renewals
By Harshita Mary Varghese and Akash Sriram (Reuters) – Warner Bros Discovery said on Wednesday it wrote down the value of its TV assets due to the uncertainty of fees…
NBA signs broadcasting deal with Disney, Amazon, Comcast worth $77 billion
By Harshita Mary Varghese and Akash Sriram (Reuters) – Walt Disney’s ESPN, Comcast-owned NBCUniversal and Amazon.com have clinched the rights to carry National Basketball Association games in an 11-year deal…
Google brings AI to US broadcast of Paris Olympics
By Sheila Dang (Reuters) – Alphabet’s Google will infuse artificial intelligence into the U.S. broadcast of the Paris Olympics, allowing sports commentators to use AI to explain competitions, the tech…
A global technology outage: unraveling our dependence on few tech giants
A global technology outage grounded flights, disrupted banking systems, and knocked media outlets off the air on Friday, causing a massive disruption that highlighted our global dependence on software from…
Explainer – What caused the global cyber outage?
By Martin Coulter and James Pearson LONDON (Reuters) – A global tech failure disrupted operations across multiple industries on Friday, halting flights and forcing a number of broadcasters off-air, as…
Streaming giants challenge new Canadian revenue-sharing rules
By Ismail Shakil OTTAWA (Reuters) – Global streaming companies said on Thursday they were challenging new Canadian rules that oblige them to help pay for local news, saying Canada’s federal…
Hollywood workers union reaches pay, AI-use deal with top studios
By Rishabh Jaiswal (Reuters) – A union representing Hollywood film and television crew said on Tuesday it has reached a tentative three-year deal with major studios that includes agreed-on pay…
Amazon mulls $5 to $10 monthly price tag for unprofitable Alexa service, AI revamp
By Greg Bensinger SAN FRANCISCO (Reuters) – Amazon is planning a major revamp of its decade-old money-losing Alexa service to include a conversational generative AI with two tiers of service…
Netflix tests biggest TV app redesign in 10 years
By Lisa Richwine LOS ANGELES (Reuters) – Netflix started rolling out the first major revamp of its television app in a decade on Thursday, testing changes designed to help viewers…
Apollo 8 astronaut William Anders, who took ‘Earthrise’ photo, dead in plane crash
By Peter Cooney and Steve Gorman (Reuters) – Retired astronaut William Anders, who was one of the first three humans to orbit the moon, capturing the famed “Earthrise” photo during…