Why does it cost some companies hundreds of millions of dollars to develop a popular video game? A couple weeks ago, The New York Times blamed the never-ending quest to deliver more photo-realistic graphics— and it suggested the industry is beginning to see diminishing returns, leading to layoffs and studio closures. However, Bloomberg’s Jason Schreier […]
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Automattic CEO and WordPress co-creator Matt Mullenweg has deactivated the accounts of several WordPress.org community members, some of whom have been spearheading a push to create a new fork of the open source WordPress project. While community criticism of WordPress’s governance isn’t new, the latest brouhaha kicked off back in September when Mullenweg publicly chastised WP
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TV providers and streamers’ real competition isn’t each other, it’s social video. Or at least that’s what the president of Comcast Advertising, James Rooke, said during an interview on Wednesday at CES 2025 in Las Vegas. The ad exec was speaking about the company’s Monday launch of “universal ads,” a solution that lets marketers buy
VLC media player, the popular open-source software developed by nonprofit VideoLAN, has topped 6 billion downloads worldwide and teased an AI-powered subtitle system. The new feature automatically generates real-time subtitles — which can then also be translated in many languages — for any video using open-source AI models that run locally on users’ devices, eliminating
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The former chief executive of the parent company of MoviePass, Theodore Farnsworth, pleaded guilty to charges of securities fraud and conspiracy after being accused of misleading investors over the service’s “unlimited plan.” Farnsworth also pleaded guilty to conspiracy to commit securities fraud as the chief executive of Vinco Ventures, a publicly traded company. Helios &
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Getty Images on Tuesday said it has agreed to merge with its rival Shutterstock in a cash-and-stock deal. The combined entity is expected to be valued at $3.7 billion based on yesterday’s closing share prices. This announcement confirms earlier reporting from Bloomberg. Both companies offer stock photos and video footage that can be licensed and
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Long gone are the days of simply watching the news. Google unveiled the latest version of its TV operating system at CES 2025 on Monday. It uses the company’s Gemini AI assistant to summarize the biggest news of the day for you. By asking Gemini to play your “News Brief,” the AI assistant will scrape
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Google is forming a new team to work on AI models that can simulate the physical world. Tim Brooks — one of the co-leads on OpenAI’s video generator, Sora, who left for Google’s AI research lab, Google DeepMind, in October — will lead the new team, he announced in a post on X. It’ll be a
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In a surprising deal announced on Monday, Disney is set to combine its Hulu Live TV business with Fubo, the live TV streaming service known for its extensive sports coverage. Under the terms of the deal, Disney will own about 70% of Fubo, which will continue to be available to viewers as a separate offering.
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Apple is allowing anyone to access its Apple TV+ streaming service for free from Friday through Sunday. The company announced the weekend of free streaming earlier this week alongside a short video featuring its most popular TV shows, including “Severance,” “Slow Horses,” “Shrinking,” and more. It’s worth noting that this is the first time that
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