X may lose up to $75 million by year-end on advertiser exodus
By Samrhitha Arunasalam (Reuters) – Elon Musk-owned social media company X could lose as much as $75 million in advertising revenue by the end of the year as dozens of…
What happened to the Metaverse?
2023 seemed to be the year in which the Metaverse would establish itself as the next communication channel, transporting us all into a digital world of infinite economic and social…
Actors, Hollywood studios still at odds on AI and other issues, union says
By Lisa Richwine LOS ANGELES (Reuters) – Negotiators for Hollywood actors and major studios have not resolved concerns about artificial intelligence (AI) and other issues in talks aimed at ending…
Paramount narrows streaming loss forecast as investments peak
By Samrhitha Arunasalam (Reuters) – Paramount Global shares surged 10% on Friday, after the media company narrowed the 2023 loss forecast for its fast-growing streaming business as investments peaked a…
India tells X, YouTube, Telegram to remove any child sexual abuse material
Βy Shilpa Jamkhandikar and Hritam Mukherjee MUMBAI (Reuters) – India has sent notices to social media platforms X, formerly known as Twitter, YouTube and Telegram asking them to ensure there…
Top 5 ways layoffs increase cybersecurity risks
Layoffs and Cybersecurity risks: The opening months of 2023 brought a concerning start as prominent U.S. corporations like Amazon, Meta, Twitter, and others disclosed staff reductions due to concerns about an impending economic…
Hollywood writers’ deal may set a template for talks with striking actors
By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) – The tentative deal Hollywood writers reached with the major studios and streaming services could serve as a template for actors,…
Netflix signups remain high, fueled by password-sharing crackdown
By Jaspreet Singh and Akash Sriram (Reuters) – Signups for Netflix in the United States remain elevated despite a fall from June’s record high after the video-streaming pioneer’s crackdown on…
New cancer treatments, the challenge of Steve Jobs’ son
Hitherto in the shadows like his three sisters, the spotlight is now shining on Reed Jobs, the 31-year-old son of Steve Jobs and Laurene Powell. The couple’s second son has announced that he will lead…
Accenture to cut 890 jobs from Irish operations
By Padraic Halpin DUBLIN (Reuters) – Accenture plans to cut around 890 jobs from its Irish operations, representing some 13% of its workforce there, as part of a round of…