TECHNOLOGY

Beginning with the success of Netflix‘s all-you-can stream model, there has been a dramatic shift in TV consumption over the past decade.

Consumers quickly came to appreciate the flexibility, ease-of-use and affordability of Netflix and other streaming services that inevitably followed, making life increasingly hard for broadcast TV networks, cable TV providers and traditional pay-TV channels such as HBO.

As more and more media companies jumped on the streaming bandwagon, (more…)

After the unexpected firing of former OpenAI CEO Sam Altman on Friday, OpenAI's board of directors approached Dario Amodei, the co-founder and CEO of rival large-language model developer Anthropic, about a merger of the two companies, according to a report by The Information, which cited a "person with direct knowledge."

The person said OpenAI's board approached Amodei after they fired Altman on Friday. They noted the deal was sweetened to allow Amodei to replace Altman (more…)

Microsoft shares climbed 2.7% in premarket trading, approaching a new record high, following the announcement that OpenAI co-founders Sam Altman and Greg Brockman will head a new cutting-edge AI research division for the tech giant. This development is particularly surprising given that Altman was dismissed from OpenAI just last week, with Emmett Shear, the co-founder of Twitch, a video streaming platform, stepping in as the interim CEO overnight, The Wall Street Journal reported.  (more…)