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Netflix responds to concerns about WBD deal
TechCrunch· 2025-12-15 16:28
Core Viewpoint - Netflix plans to acquire Warner Bros. Discovery for $82.7 billion, raising concerns about job security, theatrical releases, and diversity in the industry [1] Group 1: Company Responses - Netflix co-CEOs Greg Peters and Ted Sarandos reassured employees about maintaining theatrical releases and stated there would be no studio closures [2] - The executives emphasized that the acquisition is focused on growth and strengthening one of Hollywood's iconic studios, supporting jobs, and ensuring a healthy future for film and TV production [2] Group 2: Industry Opposition - The Writers Guild of America (WGA) has opposed the acquisition, claiming it violates antitrust laws aimed at preventing monopolies [2] - Lawmakers, including Senators Elizabeth Warren, Bernie Sanders, and Richard Blumenthal, expressed concerns about the merger's implications for market power and consumer costs [3][4] Group 3: Market Dynamics - The senators highlighted that the merger could lead to increased television costs for consumers, particularly affecting middle-class families already facing rising prices [4] - Netflix raised its subscription prices in January, which adds to the concerns regarding consumer costs [4] Group 4: Competitive Landscape - Peters and Sarandos referenced Nielsen data indicating that the combined viewership share of Netflix and WBD would be smaller than YouTube's current share and a potential Paramount-WBD merger [6] - Paramount previously made a competing offer of $108.4 billion for WBD, indicating ongoing competition for media dominance [7]
Tesla starts testing robotaxis in Austin with no safety driver
TechCrunch· 2025-12-15 15:16
Just about six months after Tesla started testing its fledgling Robotaxi service in Austin, Texas, the company is now letting those cars drive around the city with no safety monitor onboard.The removal of the human safety monitors brings the company a critical step closer to its goal of launching a real commercial Robotaxi service, and it’s a step that’s been years in the making. CEO Elon Musk spent a nearly decade promising Tesla’s cars were just a software update away from being fully driverless. Now he ...
Nvidia is reportedly weighs ramping up H200 production to meet surging demand in China
TechCrunch· 2025-12-15 14:28
Core Insights - Nvidia has successfully lobbied for the approval to sell its H200 chips to China, leading to increased production plans due to high demand from Chinese companies [1][2][3] Group 1: Sales Approval and Demand - The H200 chips, previously restricted from being sold in China under the Biden administration, have now received approval from the Department of Commerce, allowing Nvidia to sell them in exchange for a 25% cut of sales [2] - Chinese companies, including major players like Alibaba and ByteDance, are actively seeking large orders for the H200 chips, indicating strong demand [5] Group 2: Production Capacity and Market Dynamics - Nvidia is considering ramping up production of the H200 GPUs in response to the strong demand from Chinese firms [1][3] - The competition and national security concerns in the West have limited the availability of advanced AI hardware in China, prompting local companies to focus on efficiency rather than scale [4]
How iRobot lost its way home
TechCrunch· 2025-12-15 02:29
There’s something painfully American about the arc of iRobot, the company that taught your vacuum to navigate around the furniture. Founded in 1990 in Bedford, Massachusetts by MIT roboticist Rodney Brooks and his former students Colin Angle and Helen Greiner, the company filed for Chapter 11 bankruptcy on Sunday, punctuating a 35-year run that took it from the dreams of AI researchers to your kitchen floor and, finally, to the tender mercies of its Chinese supplier.Brooks, the founding director of MIT’s Co ...
Making sense of the risky Netflix-Warner Bros. deal
TechCrunch· 2025-12-14 17:27
Whether or not Netflix’s $82.6 billion acquisition of Warner Bros. goes through, the deal encapsulates a fraught moment for Hollywood, as the entertainment business is increasingly overshadowed by tech giants.On the latest episode of the Equity podcast, Kirsten Korosec and I discussed the deal’s implications, both for Netflix and the larger Hollywood ecosystem. Kirsten noted that it’s just the latest move bringing more consolidation to the media business, and she wondered whether it’s “too big a risk” for ...
Microsoft buys 3.6M metric tons of carbon removal from bioenergy plant
TechCrunch· 2025-12-12 19:16
In Brief Microsoft announced Thursday it would buy 3.6 million carbon removal credits from a biofuels plant in Louisiana owned by C2X. The plant, which is slated to begin operating in 2029, will process forestry waste into methanol, which can be used to power ships and planes and as a raw material for chemical manufacturing. Altogether, the facility will produce more than 500,000 metric tons of methanol. About 1 million metric tons of carbon dioxide will be captured and stored, likely underground.The purcha ...
Home Depot exposed access to internal systems for a year, says researcher
TechCrunch· 2025-12-12 16:42
Core Insights - Home Depot experienced a significant security lapse when an employee inadvertently published a private access token online, exposing internal systems for approximately one year [1][2] - The exposed token provided access to numerous private source code repositories and critical cloud infrastructure, including order fulfillment and inventory management systems [2][3] - Despite attempts by a security researcher to notify Home Depot about the exposure, the company did not respond until contacted by TechCrunch, after which the issue was promptly addressed [4][5] Security Exposure Details - The access token was discovered by security researcher Ben Zimmermann in early November 2024, allowing him to access and modify hundreds of private repositories on GitHub [2] - Home Depot has utilized GitHub for hosting its developer and engineering infrastructure since 2015, which raises concerns about the security of its systems [3] - The researcher reported that Home Depot lacks a formal process for reporting security vulnerabilities, such as a bug bounty program, which contributed to the delay in addressing the issue [5] Company Response - After TechCrunch's intervention, Home Depot acknowledged the issue, and the exposed token was revoked shortly thereafter [5] - Home Depot's chief information security officer did not respond to the researcher's outreach via LinkedIn, highlighting a lack of communication regarding security concerns [4] - There was no follow-up from Home Depot regarding whether any unauthorized access occurred during the period the token was exposed [6]
Google launched its deepest AI research agent yet — on the same day OpenAI dropped GPT-5.2
TechCrunch· 2025-12-12 00:18
Core Insights - Google has launched a reimagined version of its research agent, Gemini Deep Research, based on the Gemini 3 Pro model, which enhances its capabilities beyond just producing research reports [1] - The new agent allows developers to integrate Google's research capabilities into their applications through the Interactions API, marking a significant step towards agentic AI [1][3] - Gemini Deep Research is designed to synthesize large amounts of information and is utilized for various tasks, including due diligence and drug toxicity safety research [2] Product Features - The new deep research agent will be integrated into several Google services, such as Google Search, Google Finance, the Gemini App, and NotebookLM, indicating a shift towards AI-driven information retrieval [3] - Gemini 3 Pro is touted as Google's "most factual" model, specifically trained to reduce hallucinations during complex tasks, which is crucial for maintaining accuracy in long-running decision-making processes [3][4] Benchmarking and Competition - Google has introduced a new benchmark called DeepSearchQA to evaluate agents on complex, multi-step information-seeking tasks, which has been open-sourced [5] - The performance of Gemini Deep Research was tested against other benchmarks, including Humanity's Last Exam and BrowserComp, where it outperformed competitors, although OpenAI's ChatGPT 5 Pro closely followed [7] - On the same day as Google's announcement, OpenAI launched its GPT 5.2 model, which claims to surpass its rivals, including Google, on various benchmarks [8][9]
Disney hits Google with cease-and-desist claiming ‘massive' copyright infringement
TechCrunch· 2025-12-11 18:53
Core Points - Disney has sent a cease-and-desist letter to Google, alleging copyright infringement on a massive scale [1] - The letter claims that Google has used AI models and services to distribute unauthorized images and videos of Disney's copyrighted characters [1][2] - Disney's letter describes Google as operating like a "virtual vending machine" that reproduces and distributes copies of its valuable intellectual property [2] - The infringing images generated by Google's AI services are reportedly branded with Google's Gemini logo, misleadingly suggesting Disney's endorsement [2] - The letter specifically mentions infringement of characters from popular franchises such as "Frozen," "The Lion King," "Moana," "The Little Mermaid," and "Deadpool" [2] - This legal action coincides with Disney's signing of a $1 billion, three-year deal with OpenAI to integrate its characters into the Sora AI video generator [3]
Rivian goes big on autonomy, with custom silicon, lidar, and a hint at robotaxis
TechCrunch· 2025-12-11 17:20
Rivian detailed Thursday how it plans to make its electric vehicles increasingly autonomous — an ambitious effort that includes new hardware, including lidar and custom silicon, and eventually, a potential entry into the self-driving ride-hail market, according to CEO RJ Scaringe.The announcements at the company’s first “Autonomy & AI Day” event in Palo Alto, California shed fresh light on Rivian’s technology development, much of which has been kept undercover as it pushes to begin production of its more af ...