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Roku Q2 Revenue Up 22% and Net Income Zooms to $164 Million in Huge Beat, Abstains From Providing Outlook Amid Pending Fox Corp. Sale
Roku posted stronger-than-expected second-quarter 2026 results, with revenue up 22% to $1.35 billion and net income surging to a record $164.2 million, marking its fifth consecutive profitable quarter after years of losses. The strong performance comes as the streaming platform prepares for its $22 billion sale to Fox Corp., announced in mid-June, with Roku declining…
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AMD acquires AI chip startup Taalas to boost inference performance by etching models into silicon
AMD has acquired AI chip startup Taalas, aiming to dramatically speed up AI inference by etching model weights directly into silicon rather than storing them in conventional memory. The move is part of AMD’s ongoing effort to challenge Nvidia’s dominance in AI hardware, mirroring the logic behind Nvidia’s own $20 billion licensing deal with Groq…
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Terminal B TV Signs With Verve
Terminal B TV, the production company behind Netflix’s true-crime hit “Unknown Number: The High School Catfish,” has signed with talent agency Verve. The move reunites founder Tom Forman with Verve’s Andy Stabile, who previously represented him for around a decade from 2003, and reflects the growing industry profile of the company following its recent breakout…
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The AirPods Pro are $60 off, their best price since late June
Best Buy has launched a sale on Apple products, with the AirPods Pro 3 dropping to $189.99, a $60 reduction that matches offers at Amazon and Walmart. This marks the earbuds’ lowest price since Prime Day in late June and puts them within $20 of their all-time low, making it a notable opportunity for shoppers…
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Amanda Knox defends Fringe comedy show after claims it will ‘trivialise violence’
Amanda Knox, who was convicted and later acquitted of murdering British student Meredith Kercher in Italy in 2007, has defended her sold-out solo comedy show at the Edinburgh Festival Fringe against calls for it to be cancelled. The show, called Cartwheel, explores motherhood and how Knox intends to explain the Perugia case to her daughter,…
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Does David Ellison Win in the End? Two THR Staffers Debate
From CNN to HBO to the Warner Bros. movie studio, how the merger could shake out.
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Trump pays yet another energy company to give up offshore wind rights
The Trump administration is paying yet another company more than $1 billion to give up the rights to produce wind off the U.S. coast, the firm announced Thursday. RWE U.S. Offshore, a subsidiary of German energy company RWE, issued a press release saying it will receive $1.22 billion in settlement funds and give up its rights to…
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China-linked LightSpy spyware caught targeting victims in 13 countries, including the US
Security researchers at Arctic Wolf have found that LightSpy, a spyware platform previously linked to Chinese state-backed hackers, has expanded well beyond mainland China to target victims in 13 countries, including the US and several across Europe. It has also gained new capabilities, allowing it to steal large volumes of data and remotely wipe compromised…
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Eric Roth, Brian Kavanaugh-Jones and Cate Blanchett’s Dirty Films to Exec Produce Paparazzi Tragicomedy ‘The Present Times’ (EXCLUSIVE)
Screenwriter Eric Roth, producer Brian Kavanaugh-Jones, Andrew Upton (of Cate Blanchett’s Dirty Films) and Anne Peters have signed on as executive producers of “The Present Times,” a fable-like paparazzi tragicomedy directed by Noah Stratton-Twine. The project brings together notable creative names, including Roth, whose credits include “Forrest Gump” and “Dune: Part One,” lending profile to…