Author: Daniel snow

Warner Bros. Discovery to split into two public companies by next year

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Warner Bros. Discovery plans to split into two public companies by next year, the media giant announced Monday, the latest upheaval in the industry as consumers transition from cable to streaming.Warner Bros. Discovery will separate into Streaming and Studios, which will include its movie properties and streaming service HBO Max, and Global Networks, which will include CNN, TNT Sports and Discovery, among other businesses.CEO David Zaslav will take on that post in the Streaming and Studios company. Current CFO Gunnar Wiedenfels will become CEO of the Global Networks business.Warner Bros. Discovery expects to complete the split by the middle of…

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China extends olive branch to Western auto giants

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Workers assemble cars on the assembly line at the Volkswagen automobile factory on March 07, 2025 in Wolfsburg, Germany.Sean Gallup | Getty Images News | Getty ImagesChina appears to have offered U.S. and European auto giants something of a reprieve after industry groups warned of increasing production threats over a rare earth shortage.China’s Ministry of Commerce on Saturday said it was willing to establish a so-called “green channel” for eligible export license applications to expedite the approval process to European Union firms. A Ministry of Commerce spokesperson said Wang expressed hope that the EU would take “reciprocal steps” and adopt…

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We train AI like we train humans now, says Nvidia’s Jensen Huang

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Nvidia CEO Jensen Huang says artificial intelligence is the “great equalizer” because it lets anyone program using everyday language.Speaking at London Tech Week on Monday, Huang said that, historically, computing was hard and not available to everyone. “We had to learn programming languages. We had to architect it. We had to design these computers that are very complicated,” he said on stage alongside U.K. Prime Minister Kier Starmer.”Now, all of a sudden … there’s a new programming language. This new programming language is called ‘human.'”Conversational AI models were thrown into the spotlight in 2022 when OpenAI’s ChatGPT exploded onto the…

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Job market is ‘trash’ right now, career coach says — here’s why

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Nitat Termmee | Moment | Getty ImagesThe U.S. job market isn’t looking too hot for recent college graduates and other job seekers, according to economists and labor experts.”The job market is kind of trash right now,” said Mandi Woodruff-Santos, a career coach and personal finance expert.”I mean, it’s really difficult,” she added. “It’s really difficult for people who have many years of experience, so it’s going to be difficult for college kids.”‘Tough summer’ for job seekersThat may seem counterintuitive.The national unemployment rate in May was relatively low, at 4.2%. The layoff rate has also been historically low, suggesting employers are…

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