Thursday, October 8

Tag: USA

7Oct By AdminsNo Comments

What $157b Paramount-Warner Bros. media merger means for streaming in Australia

Analysis: One of the biggest media mergers in history completed overnight, with Paramount buying Warner Bros. for a staggering $US110 billion ($157 billion). While these companies are known for their movie studios, for the average Australian, the real question is: what does this mean for streaming? The Warner Bros. water tower is seen at Warner Bros. Studios in Burbank. AP Photo/Jae C. Hong The new company, known as Skydance, brings together everything Paramount and Warner Bros. own, from the studios themselves to the titles and franchises they’re known for, and, of course, their streaming platforms. As with any merger, these things aren't just done because there's money to be made. They're done because there's money to be saved. Over the years ahead, there’ll be ...
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7Oct By AdminsNo Comments

Questions over whereabouts of diamond-encrusted ring gifted to Donald Trump

US senators are probing the whereabouts of an 18-karat ring gifted by a Belgian diamond dealer to Donald Trump in what was described as a “cartoonish bribery attempt”. Democrats Elizabeth Warren and Richard Blumenthal wrote to the White House demanding to know where the ring, valued at $43,000, is now. The ring is encrusted in hundreds of diamonds. Antwerp World Diamond Centre The ring was gifted to the president by the Antwerp World Diamond Centre (AWDC). Weeks later the Trump administration announced that European diamonds would be exempt from its tariffs. "We don’t know where the ring is today," Warren said. Under US law, gifts made to the president worth more than $750 are considered to be the property of the United States and cannot be accepte...
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27Sep By AdminsNo Comments

Trump rejects Iran’s latest proposal to reopen the Strait of Hormuz

US President Donald Trump said on Saturday that he rejects Iran’s latest proposal to reopen the Strait of Hormuz, calling it “unacceptable.” “I reject their proposal,” Trump said when asked by reporters what he thought about Iran’s plan, which promises a swift reopening of the strait and a resumption of talks over Tehran’s nuclear program in exchange for the United States lifting its naval blockade and ending other economic penalties. US President Donald Trump said on Saturday that he rejects Iran’s latest proposal to reopen the Strait of Hormuz, calling it “unacceptable.” AP Photo/Rod Lamkey “They want to make a deal where they open the strait immediately because they’re losing so badly,” he added. “They want a make a deal, and I think that’s fine. I like making ...
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27Sep By AdminsNo Comments

Senators demand OpenAI chief appear before inquiry after Medicare breach

Australian senators are demanding the heads of multiple tech companies appear at an inquiry after an OpenAI agent breached systems in Australia and around the world. It comes as Prime Minister Anthony Albanese insisted the company had questions to answer following the breach, where an AI bot operated by OpenAI gained unauthorised access to an Australian Medicare statistics website in June. Prime Minister Anthony Albanese insisted OpenAI has questions to answer after Thursday’s breach. Today OpenAI has confirmed its autonomous (artificial intelligence) AI bots bypassed security controls on the websites of “dozens” of organisations, including high-profile government and university systems. In a statement posted on Saturday (local time), OpenAI said it would not publ...
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24Sep By AdminsNo Comments

Hunter Biden weighs in as Republican demands Trump Jr wedding investigation

A top Republican senator has demanded an investigation into a wedding gift worth hundreds of thousands of dollars made by a Russian oligarch to Donald Trump’s son. Umar Kremlev rented a private island as part of a three-day wedding celebration between Donald Trump Jr and his wife Bettina. Donald Trump Jr. and his wife Bettina Anderson were married in the Bahamas in May. AP Photo/Julia Demaree Nikhinson He also paid for a fireworks show for the couple at an estimated cost of almost $100,000. Now Utah Senator John Curtis has demanded an investigation into the gift. "A toaster is a wedding gift," Curtis said. "A private-island party paid for by a Putin-connected oligarch is something else." Curtis invoked the Senate’s previous investigati...
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24Sep By AdminsNo Comments

‘Inevitable next stage’: Australia knocks back Trump warning

Prime Minister Anthony Albanese has knocked back criticism from the Trump administration after it weighed in on domestic politics as he pushes his digital agenda to world leaders. The US government on Tuesday raised “serious concerns” about Labor’s proposed digital duty of care, which would force social media companies to provide an opt-out measure to users, accusing it of “facilitating censorship”. The Trump administration has weighed in on Australian politics. AP Photo/Julia Demaree Nikhinson Asked about the remarks on the sidelines of the United Nations meeting in New York, Albanese pushed back on the concerns raised and called it the “inevitable next stage”. “I will always stand up for Australia’s national interests and the digital duty of care i...
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