Meta Platforms faces a federal trial in Oakland before Judge Yvonne Gonzalez Rogers over claims it addicted young users to Instagram and Facebook, with 29 state attorneys general seeking up to $1.4 tr…
Paramount Skydance, led by David Ellison, has hired two more former Google executives, Nick Lee and Suzanne Pellican, as part of its push to become a tech powerhouse. Lee, previously corporate vice pr…
Nvidia announced a new funding mechanism to tap long-duration capital for AI compute, potentially expanding the blast radius of a bubble in service of its threatened margins, according to Ben Thompson…
Paramount Skydance has capped monthly Claude token usage for tech employees to control AI spending, a senior AI leader announced in an early-August Slack message. The limits, tailored by person and ne…
Paramount CEO David Ellison said on the company's earnings call Tuesday that the merger with Warner Bros. Discovery will proceed despite a legal challenge, and that AI will serve as a tool for human s…
Morgan Stanley analyst Sean Diffley said AI will be key for the combined Paramount Skydance and Warner Bros. Discovery to extract value from their $111 billion merger, estimating 20% to 40% cost savin…
Meta appointed Denise Moreno as its new chief marketing officer and Alex Schultz as its first chief data officer, signaling a shift toward AI-driven marketing. The executives emphasized blending AI wi…
Paramount Skydance executives detailed during a quarterly tech meeting Wednesday how AI tools are completing tasks in minutes that previously took workers hours or days, according to a presentation sc…
Stephen Colbert's final episode of "The Late Show" aired after he learned in July that CBS had cancelled the program, a decision tied to his public criticism of the network's dealings with Donald Trum…