Paramount Cuts 15% Of US Workforce, Closes TV Studio, As Traditional TV Market Slumps | ZeroHedge

Paramount, the parent company of CBS News, BET, MTV, Nickelodeon, dozens of local TV stations, and Paramount Pictures, announced in an internal memo from top executives to employees that the first round of job cuts is set to begin. 

The multinational media conglomerate in Manhattan plans to reduce its US-based workforce by 15%, or about 2,000 workers, by the end of September. This is troubling news for the company that struggles with migrating one-time TV viewers to its streaming video (more…)

Continue ReadingParamount Cuts 15% Of US Workforce, Closes TV Studio, As Traditional TV Market Slumps | ZeroHedge

Huawei Prepares New AI Chip To Challenge Nvidia’s Market Share In China | ZeroHedge

China's Huawei Technologies is preparing to launch a new AI chip designed to circumvent Washington's relentless chip sanctions. This move not only overcomes US restrictions but also threatens Nvidia's market share in the world's second-largest economy. 

Sources familiar with the situation told the Wall Street Journal that China's big tech firms and telecommunications operators are currently testing Huawei's latest processor, Ascend 910C. Huawei's (more…)

Continue ReadingHuawei Prepares New AI Chip To Challenge Nvidia’s Market Share In China | ZeroHedge

How Mayonnaise Could Help Scientists Advance Nuclear Fusion Efforts | ZeroHedge

Authored by Tsvetana Paraskova via OilPrice.com,

  • Mayonnaise exhibits similar properties to plasma, aiding fusion research.

  • Scientists are studying the condiment to understand the behavior of plasma in fusion reactions.

  • Breakthroughs in fusion research, including recent experiments, offer hope for future clean energy solutions.

The most common of condiments could help researchers better understand the physics behind one of the most difficult and sought-after (more…)

Continue ReadingHow Mayonnaise Could Help Scientists Advance Nuclear Fusion Efforts | ZeroHedge