Writers and producers are on the verge of ending the Writers Guild of America strike following a face-to-face meeting on Wednesday, according to sources close to the negotiations. The two sides plan to finalize a deal on Thursday, with hopes of resolving the strike. However, if an agreement is not reached, the strike could continue …
Rafael Henrique | Lightrocket | Getty Images Amazon‘s Prime Video is introducing a new feature: ads in its TV series and movies. This move comes as Amazon looks to expand its revenue sources and invest more into content creation. The streaming service, which is available to Prime subscribers for $14.99 per month, will start rolling …
A sign is posted in front of a Broadcom office in San Jose, California, on June 3, 2021. Justin Sullivan | Getty Images News | Getty Images Discover the latest market buzz during midday trading. Cisco Systems, Splunk — The shares of Cisco fell by 4.2% on Thursday as the company announced its acquisition of …
Members of the Writers Guild of America East are joined by SAG-AFTRA members as they picket at the Warner Bros. Discovery NYC office on July 13, 2023 in New York City. Michael M. Santiago | Getty Images The Writers Guild of America announced today that it will resume negotiations with Hollywood studios on Wednesday in …
SAG-AFTRA members walked the picket line outside Netflix offices in Los Angeles on July 11, 2023, carrying signs to show their solidarity with striking WGA workers. This demonstration highlights the ongoing struggle for AI protections, better wages, and a share of streaming profits in Hollywood. The rise of streaming, spearheaded by Netflix in 2007, has …
Striking Writers Guild of America members walk the picket line in front of Netflix offices in Los Angeles, July 12, 2023. Mike Blake | Reuters Discover the latest stock market updates: Visa – After revealing plans to restructure its shares, the credit card giant experienced a 2.5% decline in its stock price. Visa aims to …
Doctors working with Paige technology Source: Paige Microsoft announced Thursday it is partnering with Paige, a digital pathology provider, to develop the world’s largest image-based artificial intelligence model for cancer identification. The AI model is being trained on an enormous amount of data, including billions of images, according to a release. It has the ability …
Nearly a decade after Facebook acquired WhatsApp for a whopping $19 billion, the messaging app is still struggling to generate significant revenue. Unlike Instagram, which has successfully integrated ads into its platform, WhatsApp remains ad-free. However, Meta, the parent company of Facebook, is determined to make WhatsApp a lucrative asset. Mark Zuckerberg has repeatedly emphasized …
Barry Diller, the chairman of IAC and Expedia, as well as a former top executive at Fox, Paramount, and ABC Entertainment, is urging the Hollywood studios to put an end to the dual writers and actors strikes. According to Diller, if the strikes continue, it could have catastrophic consequences for the industry, particularly for legacy …
The logo of printer manufacturer HP is seen during an event. Paco Freire | LightRocket | Getty Images Check out the companies making headlines in midday trading. HP — HP’s stock dropped 6.6% during midday trading due to a fiscal third-quarter revenue miss. The PC manufacturer reported quarterly revenue of $13.20 billion, which was lower …