Netflix stunned the entertainment world this week when it declined to raise its bid for Warner Bros. Discovery, setting the stage for Paramount Skydance to win ownership of the Hollywood studio. At the time, Netflix co-CEOs Ted Sarandos and Greg Peters said they were being financially disciplined. Now reporting in Bloomberg offers more details about … Read more
OpenAI CEO Sam Altman announced late on Friday that his company has reached an agreement allowing the Department of Defense to use its AI models in the department’s classified network. This follows a high-profile standoff between the department — also known under the Trump administration as the Department of War — and OpenAI’s rival Anthropic. … Read more
In a post on Truth Social, President Trump directed federal agencies to cease use of all Anthropic products after the company’s public dispute with the Department of Defense. The president allowed for a six-month phase-out period for departments using the products, but emphasized that Anthropic was no longer welcome as a federal contractor. “We don’t … Read more
Supabase, a popular developer database platform, is facing disruptions in India — one of its key markets — has been blocked in India, TechCrunch has learned. New Delhi ordered internet providers to block its website, resulting in patchy access across networks. The blocking order was issued on February 24 under Section 69A of India’s Information … Read more
OpenAI has fired an employee over the employee’s activity on prediction markets, including Polymarket, the company confirmed to Wired. The employee used confidential OpenAI information in connection with the trades made, the company alleges. OpenAI didn’t release the name of the employee. However, a spokesperson said that such actions violated a company policy that bans … Read more
Suno co-founder and CEO Mikey Shulman shared on LinkedIn that the AI music generator has amassed 2 million paid subscribers and $300 million in annual recurring revenue. Just three months ago, Suno announced a $250 million funding round that valued the company at $2.45 billion. At the time, Suno told The Wall Street Journal that … Read more
Ultrahuman on Friday unveiled a new smart ring with longer battery life and a redesigned form factor, as the Bengaluru-based wearable maker seeks to revive its U.S. business that was disrupted last year by a patent dispute with rival Oura. The Ring Pro, Ultrahuman’s third-generation smart ring, offers up to 15 days of battery life … Read more
In a flurry of deal offers in the high tens of billions of dollars, the bidding war for Warner Bros. Discovery is over. David Ellison-owned Paramount will acquire Warner Bros. Discovery. On Thursday, Warner Bros. Discovery announced that Paramount Skydance’s newest offer of $31 a share was a “superior proposal,” giving Netflix four business days … Read more
Jack Dorsey has long been an open admirer of Elon Musk. Now, it seems, he may have been taking notes. On Thursday, Dorsey announced that Block, the payments company he founded that operates Square, Cash App, and Tidal, is cutting more than 4,000 employees, nearly half its global workforce, taking it from over 10,000 workers … Read more
Meeting notetaker Read AI on Thursday launched an AI-powered email-based assistant called Ada, saying it helps users manage their schedules, answer questions based on a company’s knowledge base, and reply to out-of-office emails. The company is calling Ada a “digital twin” that handles tasks for you around the clock. Read AI said that the assistant … Read more
