Why it matters: To this point, the company's overall path to growth has been strikingly straightforward. But its next 25 years are likely to look very different.
Maybe it's not a surprise that the company blamed for the Hollywood writer's strike was the same one whose stock price emerged higher coming out of it.
Context: Netflix in recent years has upended traditional norms of television and film production, their distribution and worker pay models.
Meta on Wednesday debuted a slew of new AI-focused products, including a new "Meta AI" chatbot assistant and more than two dozen AI characters that will live across its social media and messaging apps.
The big picture: Meta enters a growing field of AI-powered chatbots launched by rival tech firms.
A group of venture capital firms is working with the U.S. Commerce Department to develop "responsible AI" guidelines for themselves and their portfolio companies, Axios has learned.
Why it matters: This effort is designed to cover thousands of current and future startups, whereas most other AI self-regulation talks have been limited to Big Tech companies and major AI model vendors.
The Federal Trade Commission's new lawsuit against Amazon — like similar recent and historic antitrust litigation against other tech giants — faces a tough uphill climb because it takes a lot of certainty before the U.S. government will hogtie a U.S. corporation.
Why it matters: Much of the public, along with the media, shares a visceral sense that tech giants like Amazon, Google, Apple, Facebook and Microsoft are way too powerful and ought to be knocked down a few pegs — but, for better or worse, you don't win an antitrust lawsuit based on gut feelings.
FCC chair Jessica Rosenworcel just announced plans to restore net neutrality rules previously reversed during the Trump administration.
If approved, the net neutrality rules would place providers under the same classification as phone companies, allowing the FCC to treat the internet as an essential service subject to greater regulation.
Members of SAG-AFTRA, the union representing Hollywood actors, television and radio artists, voted overwhelmingly on Monday to authorize a strike against 10 of the nation's biggest video game companies.
Why it matters: Video game voice actors have been pushing to renegotiate a contract with big gaming studios for over a year. Their previous contract expired last November.
The fight to be an AI global superpower is still anyone's game, but the United Arab Emirates is poised to disrupt.
What's happening: The country's Technology Innovation Institute surprised many when it released one of the top performing generative AI models in May — the first in the open source Falcon series. But that's just one pay-off from two decades of planning, according to Omar Sultan Al Olama, AI minister for the United Arab Emirates.
Tweets (or X messages) about the Microsoft-Activision deal from one of the topic's most vocal online commentators are themselves becoming part of a legal fight around the deal.
Driving the news: On Friday, a lawyer representing a group of gamers who are part of a suit in federal court to block the deal, pressed federal District Judge Jacqueline Scott Corley to compel Microsoft to produce any communication it has had with tech pundit and occasional consultant Florian Mueller.
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