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...Thompson managed a similar turnaround at his previous job at The New York Times, where he helped transform a legacy newspaper into a digital-first media group....
...The shift comes as Google’s decision to kill off cookies has left media groups under pressure to boost their “first-party data” — provided by readers such as through preferences — to offer to advertisers...
...“Netflix seems to deliberately want to convey a frightening message to its global audience: it is the Chinese who brought aliens to [Earth],” wrote one Chinese social media user, referring to the protagonist...
...The adjustment shows how far Reddit has downgraded expectations for the first major tech listing of the year....
...The structure of the deal would involve Skydance first buying NAI and later merging with Paramount*....
...“Is the author the person who first initialised the AI tool, or perhaps the creator of the AI tool — for example OpenAI, Microsoft, Google — or perhaps even the AI tool itself?”...
...The deal comes amid growing competition and consolidation as the industry looks to move beyond the disruption of the pandemic....
...The Max streaming platform, which will merge content from Discovery Plus and HBO Max, is seen by executives at the US media giant as crucial to driving and diversifying profits globally....
...The EU has launched probes into Apple, Alphabet and Meta in the first use of a landmark new law designed to rein in Big Tech’s market power....
...Introducing labelling of AI-generated content is a first step. Platforms must also adjust their creator payout programmes to ensure influencers are not incentivised to game the system....
...In another video posted on TikTok, Christina Zumbo looks shocked and teary-eyed — “numb”, she says — having just pressed send on an email informing her boss she is quitting....
...The Trump Spac looks a little expensive Donald Trump’s media company, Trump Media & Technology Group, began public trading yesterday after shareholders blessed its merger with a special-purpose acquisition...
...Shares in Donald Trump’s social media business jumped in their New York market debut on Tuesday, making the former US president’s stake worth $4.6bn....
...Hannah Murphy: When Pinterest first went public, I described it in the FT as the world’s most wholesome social media platform. Do you think that’s accurate?...
...Argentina’s libertarian president Javier Milei and Tesla chief executive Elon Musk met for the first time on Friday, cementing a social media friendship between two firebrand free-market proponents known...
...The UK could instead look at “designation of social media apps” under the control of foreign adversaries as national security threats, or “tougher data exfiltration laws”, she suggested....
...Compare Netflix with YouTube instead of Disney and the model looks altogether less appealing....
...Here is what a serious bill would look like. It would impose privacy regulations on the sale to third-parties of any data collected by any social media app, regardless of who owns it....
...“You can expect that over the course of this deal we will look to do a documentary on the characters and superstars of WWE.”...
...Given the company’s scant revenues (just $3.4mn in revenue in the first nine months of last year) and the competitive digital media marketplace, TMTG looks like a rightwing meme stock combined with the classic...
...Vizio could serve the same function as Walmart looks to build out its media and advertising platform to compete with Amazon. Walmart is paying a hefty 59 times forward earnings for Vizio....
...To see why this is required look at Disney’s sports network ESPN, one of the biggest puzzles in media. It generates about $16bn of annual revenue and $3bn to $4bn of ebitda....
...Investors will look for signs that multibillion-dollar investments made by big tech companies into developing artificial intelligence are translating into financial gains, as the “Magnificent Seven” report...
...The First Amendment in no way grants China the right to own US media properties. Even if one could argue that this bill strikes at the First Amendment, there is legal precedent for doing so....
...It was, at the time, the biggest deal in history and the two men proclaimed they had created the “first global media and communications company of the internet century”....
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