Netflix will continue to distribute Warner Bros. films in cinemas if its takeover bid for the storied studio is successful, the streaming service’s chief executive Ted Sarandos said in an interview Tuesday in Paris. “We’re going to continue to operate Warner Bros. studios independently and release the movies traditionally in...
Tepid 2026 outlook dents Pfizer shares
Pfizer signaled Tuesday it expects a challenging 2026 as it invests in new products to offset declines in Covid-19 revenues while limiting shareholder payouts. Shares of the big drugmaker fell sharply after it projected a dip in full-year adjusted profits per share on roughly flat revenues. Pfizer expects 2026 revenues...
YouTube says children to be ‘less safe’ under Australia social media ban
Video streaming giant YouTube on Wednesday attacked Australia’s looming social media ban for under-16s, denouncing the world-first laws as “rushed” and unrealistic. Australia will from December 10 ban users under the age of 16 from a raft of the world’s most popular social media platforms and websites, including Facebook, Instagram,...
Meta partners with news outlets to expand AI content
Meta announced Friday it will integrate content from major news organizations into its artificial intelligence assistant to provide Facebook, Instagram and WhatsApp users with real-time information. The social media giant said Meta AI will offer breaking news, entertainment and lifestyle stories when users ask news-related questions, drawing from partnerships with...
Reddit, Kick to be included in Australia’s social media ban
Popular social media website Reddit and streaming giant Kick will be added to a list of websites banned for under-16s in Australia from next month, Canberra said Wednesday. Australia will from December 10 force social media platforms including Facebook, Instagram and Tiktok to remove users under the age of 16,...
New Zealand spy service warns of China interference
New Zealand’s spy service warned Thursday that China is the most active power engaging in foreign interference in the country, including through front organisations. New Zealand faces the “most challenging national security environment of recent times”, the country’s intelligence agency said in an annual risk assessment. Key drivers of the...
EU gets 15% US tariff for cars, fails to secure wine reprieve
Details of a US-EU trade deal published Thursday showed Brussels secured a tariff reduction for cars exported to the United States but failed to win a reprieve for its cherished wine sector. US President Donald Trump and EU Commission President Ursula von der Leyen clinched a framework accord in July...
Ukrainian suspect arrested in Italy over Nord Stream blasts
A Ukrainian suspect has been arrested in Italy over the sabotage of the Nord Stream underwater gas pipelines from Russia to Europe in 2022, German prosecutors said Thursday. The suspect, identified as Serhii K., is accused of being part of a cell “who placed explosive devices on the Nord Stream...
Menendez brothers face parole board seeking freedom after parents murders
Lyle and Erik Menendez will appear before California’s parole board to seek freedom this week, more than 35 years after the shotgun murders of their parents in the family’s luxury Beverly Hills home. The separate hearings — Erik on Thursday, Lyle on Friday — are the latest chapter in a long...
Louisiana sues Roblox game platform over child safety
The US state of Louisiana has filed a lawsuit accusing Roblox of facilitating the exploitation of children, prompting the online game platform to reject the claim as “untrue” on Friday. A lawsuit filed by Louisiana Attorney General Liz Murrill contends that Silicon Valley-based Roblox facilitates distribution of child sexual abuse...