Netflix beats Q3 estimates but warns of 2026 ad sales shortfall as viewing time declines
Netflix's Q3 report topped estimates while management flagged a coming ad sales miss and falling engagement, signaling the streaming leader's growth wall.
The Verge · +8 outlets
SpaceX and Tesla form special committees to discuss possible merger, Musk says
Musk confirmed the two companies he leads are exploring a combination, a deal that would tie the rocket maker to the automaker.
The Verge · +14 outlets
Netflix film head Dan Lin out as studio says it needs better U.S. execution under Peter Rice
Lin's exit comes as Netflix publicly concedes its domestic film operation needs stronger execution, with Peter Rice positioned to take over.
The Hollywood Reporter · +11 outlets
SpaceX posts $14.6B Q3 revenue, up 161%, says AI segment fueled growth
SpaceX reported a sharp revenue jump driven by its Super Intelligence segment, whose AI unit posted a $431 million operating profit.
The Verge · +11 outlets
Judge dismisses sexual abuse lawsuit against Sam Altman brought by his sister
A federal judge dismissed Ann Altman's suit against the OpenAI CEO, closing one legal front facing him.
The Verge · +14 outlets
Spotify says it removed 50 million AI slop and spam tracks from recommendations
The purge targets machine-generated filler flooding streaming catalogs and recommendation systems.
The Hollywood Reporter · +14 outlets
Google brings personalized Gemini with Personal Intelligence to Android Auto and built-in cars
Gemini in cars can now pull context from Gmail, Calendar, Maps, Photos and YouTube, extending Google's AI assistant deeper into driving.
The Verge · +14 outlets
SpaceX to attempt first catch of Starship and its booster next month, Musk says
A successful catch would mark the first full recovery of the orbital launch system, a key step toward rapid reuse.
The Verge · +14 outlets
TikTok employees knew about child safety problems but executives failed to act, report says
The findings add to scrutiny of TikTok's child safety practices amid ongoing regulatory pressure.
The Verge · +14 outlets
Legendary heats up bid to acquire Lionsgate
A deal would consolidate two mid-size Hollywood studios amid ongoing industry M&A.
The Hollywood Reporter · +6 outlets
Elon Musk's proposed SpaceX stock giveaway would flow into 'Trump Accounts'
The plan to give every child SpaceX shares is being framed as part of a broader capital-distribution and AI strategy.
The Verge · +14 outlets
Amazon is funding a new nuclear plant in Indiana
The investment ties a major cloud and retail company to nuclear power for its energy needs.
The Verge · +13 outlets
YouTube appears to be testing hiding the dislike button
Screenshots show the dislike control moving into the three-dot menu, echoing past platform tinkering with public feedback.
The Verge · +14 outlets
Trump gives YouTuber Nick Shirley $10,000 and launches $25 million fraud bounty program
The administration is rewarding a right-wing creator and funding public fraud tip payouts, blending influencer outreach with enforcement policy.
The Verge · +14 outlets
BBC Three and BBC Scotland set to close in broadcaster's latest cost cuts
The closures mark a significant contraction of the UK public broadcaster's channel lineup.
The Hollywood Reporter · +7 outlets
Snap enlists Robert Downey Jr. as spokesman and 'Chief Customer Experience Officer' for $2,200 Specs AR glasses
Snap is leaning on a marquee celebrity to market its priciest consumer AR hardware yet.
Variety · +4 outlets
Writers Guild East signs deal with AI-shielding software company
The agreement gives writers a tool aimed at protecting their work from AI training and reproduction.
The Hollywood Reporter · +1 outlets
Christiane Amanpour to exit CNN next year
The veteran anchor's departure is a notable loss for the news channel's international roster.
The Hollywood Reporter