Warner Bros. Discovery announced Friday that its streaming business will turn a profit in 2023. The company previously said it expected to break even by 2024 and become profitable in 2025. “It is an important time for Warner Bros. Discovery. We’ve come through some major restructurings and have repositioned our businesses with greater precision and […]
Warner Bros. Discovery’s streaming business set to become profitable in 2023 by Lauren Forristal originally published on TechCrunch
Generative AI is pretty impressive in terms of its fidelity these days, as viral memes like Balenciaga Pope would suggest. The latest systems can conjure up scenescapes from city skylines to cafes, creating images that appear startlingly realistic — at least on first glance. But one of the longstanding weaknesses of text-to-image AI models is, […]
With DeepFloyd, generative AI art gets a text upgrade by Kyle Wiggers originally published on TechCrunch
London-based outsourcing giant Capita left a trove of data exposed online for 7 years, TechCrunch has learned, just weeks after the company admitted to a data breach potentially impacting customer data. Requesting anonymity, a security researcher alerted TechCrunch to an unprotected Amazon-hosted storage bucket, which was secured by Capita last week. The AWS bucket, which […]
Security researcher finds trove of Capita data exposed online by Carly Page originally published on TechCrunch
Netherlands-based Instruqt has a product allowing companies to more easily test how a new software would run inside their organization. After bootstrapping its way to growth, it has now raised €15 million in a Series A round led entirely by Blossom Capital. It’s much easier to sell a software product into a company if they […]
After bootstrapping for five years, Instruqt raises a €15M Series A from Blossom Capital by Mike Butcher originally published on TechCrunch
A few weeks before Warner Bros. Discovery launches its new HBO Max/Discovery+ streaming service, Max, TechCrunch spoke with WBD chief technology officer Avi Saxena and chief product officer Tyler Whitworth about building the new platform from the ground up, rolling out new features, improving functionality, adding new tech and all around designing the product. They […]
Warner Bros. Discovery CTO and CPO explain how they made Max less buggy by Lauren Forristal originally published on TechCrunch
Kenya is proposing new taxes to tap the growing digital economy in a bid to grow domestic revenues and narrow its fiscal deficit in response to the ongoing cash crunch. The East African country plans to charge a 3% tax on the transfer or exchange value of digital assets, while content creators will pay 15% […]
Crypto, influencers targeted in Kenya’s new tax bid by Annie Njanja originally published on TechCrunch
Samsung overtook Apple through a slender 1% lead to secure the top spot in smartphone shipment volumes during the first quarter of 2023, despite the ongoing contraction of the smartphone market, according to a new report. The South Korean electronics giant shipped a total of 60.6 million units, narrowly surpassing Apple’s 58 million in the […]
Samsung surpasses Apple in smartphone shipments by 1% amid persisting market decline by Ivan Mehta originally published on TechCrunch