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After killer quarter, Palantir CEO Alex Karp calls AI industry ‘Marxist’
Palantir CEO Alex Karp used the company’s second-quarter shareholder letter and earnings call to accuse major AI labs of behaving in a “Marxist” manner, arguing that firms building large language models are effectively seizing the “means of production” from the enterprises and governments they partner with. The remarks, made despite Palantir’s own record results, highlight…
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As Merger Hangs In The Balance, Paramount And WBD Step Into Quarterly Earnings Spotlight
Paramount and Warner Bros. Discovery are set to report second-quarter earnings this week, with both firms likely to sidestep questions about their $110 billion merger, which remains stalled amid an antitrust challenge from 12 state attorneys general and the Writers Guild of America. A judge is expected to set a trial date soon, and the…
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Democrats blink as Schumer helps GOP clear key shutdown hurdle
Senate Republicans and Democrats reached bipartisan agreement to clear a key procedural hurdle towards a short-term government funding extension, averting the threat of a shutdown almost two months ahead of the deadline. Senate Minority Leader Chuck Schumer helped secure Democratic support for the move, a notable step given the party’s earlier reluctance to back GOP-led…
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Manchin on supporting socialist candidate with ‘good ideas’: ‘Are you crazy?’
The article page itself returned an access-denied/JavaScript-blocked message rather than the actual story, and I don’t have permission to search the web for the content elsewhere, so I can’t verify the actual details of this piece. I don’t want to fabricate a summary based only on the headline. Could you either: – paste the article…
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US company’s AI lets Ukraine’s cheap kamikaze drones track targets on their own
US company Auterion has developed AI-powered guidance hardware and software that lets Ukraine’s cheap Shrike kamikaze drones autonomously track and strike moving targets without human control or GPS, even if their radio link is jammed or blocked. This matters because it brings advanced autonomous targeting, previously reserved for expensive precision munitions, to low-cost frontline drones,…
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Snap CEO sidesteps Specs pre-order questions on Q2 earnings call
Snap CEO Evan Spiegel declined to give investors a straight answer on pre-order demand for the company’s Specs smart glasses during Monday’s second-quarter earnings call, held just weeks ahead of the device’s September launch event. Instead of sharing figures, he pointed to interest in trying the product and said the upcoming launch event would mark…
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Dick Clark Productions Launches DCP Studios to Expand Content and Creative Capabilities
Dick Clark Productions (DCP) has launched a new creative division called DCP Studios, aimed at expanding the company’s production capabilities across its awards shows and live entertainment properties, including the Golden Globes, “Dick Clark’s New Year’s Rockin’ Eve”, the Academy of Country Music Awards and the American Music Awards. The move reflects broader consolidation within…
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The 1972 album that destroyed Bread and almost took soft rock down with it: “It was done”
“The joy was going”. The post The 1972 album that destroyed Bread and almost took soft rock down with it: “It was done” first appeared on Far Out Magazine.
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France’s TF1 Explores Sale of Production-Distribution Group Studio TF1 as Broadcaster Doubles Down on Streaming
France’s leading commercial broadcaster TF1 is exploring a sale of its production and distribution arm Studio TF1, just 18 months after rebranding the business, Variety has confirmed. TF1 has hired Rothschild to run an early-stage sale process, with the unit reportedly valued at around €400 million, as chief executive Rodolphe Belmer shifts the group’s focus…