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News archive · May 2025 · Page 36

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Netflix Overhauls TV Home Page with AI and New Features

Netflix is revamping its TV home page, launching in the coming weeks and months. The new design is cleaner, features enhanced visual elements, improved recommendations based on mood and interests, and incorporates shortc…

Netflix Tests Short-Form Video Feature to Combat TikTok

Netflix is testing a new short-form video feature on its mobile app, mirroring similar offerings from TikTok and YouTube Shorts. This global rollout, appearing as a new tab, features curated clips from "Today's Top Picks…

Disney+ Profit Soars After Price Hike, Password Crackdown

Disney reported a significant jump in Disney+ and Hulu profitability, reaching $336 million in operating income during the second fiscal quarter, compared to $47 million last year. This increase follows price hikes and a…

PlayStation Studios Launches New Team-Based Action Game Studio

PlayStation Studios has announced the creation of teamLFG, a new studio based in Bellevue, Washington. Composed of industry veterans and newcomers, teamLFG is developing a team-based action game inspired by fighting game…

Disney Reports Strong Q2 Earnings, Disney+ Subscriber Growth

Disney reported strong Q2 2025 results, exceeding Wall Street expectations. Revenue reached $23.62 billion (up 7%), with net income at $3.28 billion. Disney+ unexpectedly added 1.4 million subscribers, boosting streaming…

Disney Parks Profit Soars Despite Inflation

Despite rising costs impacting American consumers, Disney's domestic theme parks saw a 13% surge in operating profit to $1.82 billion in its winter quarter. Revenue increased 9% to $6.5 billion, driven by higher park att…

Xbox Handheld Console Leak Confirmed by FCC Photos

Leaked FCC photos seemingly confirm an upcoming Xbox-branded handheld gaming console. Two versions of ASUS's ROG Ally 2 are shown, one with a dedicated Xbox button and another without. The Xbox version boasts a more powe…

Cannes Classics: LaBeouf Doc, Tarantino Tribute Highlight Lineup

The Cannes Classics lineup features documentaries on Shia LaBeouf's acting school, Jayne Mansfield (by Mariska Hargitay), and David Lynch, plus a conversation with Quentin Tarantino about George Sherman. Other highlights…

AMD Stock Surges on Strong Earnings, Data Center Growth

AMD's first-quarter earnings surpassed expectations, driven by a 57% surge in data center sales. The stock price rose 1.7% in after-hours trading following the report, reaching $100.32. Despite cautionary notes about exp…

Disney Earnings Report: Streaming, Parks Under Scrutiny

Disney's fiscal second-quarter earnings report is anticipated on Wednesday, with Wall Street focusing on its streaming and theme park performance. Analysts predict earnings per share of $1.20 and revenue of $23.14 billio…

Novo Nordisk Q1 Profit Beats Forecast, But Cuts Sales Outlook

Novo Nordisk reported a stronger-than-predicted first-quarter net profit of $4.4 billion, exceeding analyst expectations. However, the company lowered its full-year sales growth forecast due to competition from copycat w…

WeightWatchers Files for Bankruptcy, Plans to Restructure

WeightWatchers (WW International), facing $1.5 billion in debt and competition from new weight-loss drugs, filed for Chapter 11 bankruptcy. The company, which aims to emerge from bankruptcy in 40 days, expects operations…

Met Gala 2025: Black Style Takes Center Stage

The 2025 Met Gala, themed "Superfine: Tailoring Black Style," celebrated Black fashion and tailoring. GQ highlighted menswear looks, including Justin Jefferson in a Public School zoot suit, marking the brand's revival. B…

SpaceX Launches 28 Starlink Satellites

SpaceX successfully launched a Falcon 9 rocket from Florida's Cape Canaveral on Tuesday evening. The mission deployed 28 Starlink internet satellites into low-Earth orbit. This marks the sixth flight for the Falcon 9's f…

Rivian Cuts EV Delivery Forecast Amidst Trump Tariffs

Rivian lowered its 2025 EV delivery forecast to 40,000-46,000 vehicles, citing President Trump's tariffs and regulatory changes. This follows similar announcements from Ford and GM. The revised forecast represents a redu…

TeleMessage App Security Flaw Exposes Sensitive Government Data

Security researcher Micah Lee uncovered critical flaws in TeleMessage Signal, a communication app used by high-ranking US officials, including former National Security Advisor Mike Waltz. Lee's analysis revealed that the…

GTA 6 Trailer Released, Delayed to May 2026

Rockstar Games surprised fans with a new GTA 6 trailer, showcasing the Vice City setting and characters Jason Duval and Lucia Caminos. The trailer, captured on PS5, follows a delay pushing the release date to May 2026. T…

Trump's Tariffs Cause US Price Hikes, Shortages

President Trump's trade war with China is causing significant disruptions to US consumers. Tariffs on Chinese imports have increased dramatically, leading to a sharp drop in imports – as much as 60% according to some est…

DOJ Demands Google Divest Ad Businesses

The Justice Department is pushing for Google to divest two digital advertising businesses, Ad Exchange and its publisher ad server, following a federal judge's ruling that Google holds an illegal monopoly. The DOJ argues…

Rivian Cuts 2025 Targets Amidst Economic Uncertainty

Rivian Automotive lowered its 2025 delivery target to 40,000-46,000 vehicles and increased capital expenditure guidance to $1.8-$1.9 billion, citing global economic uncertainty and trade impacts. Despite this, the compan…

Billionaire Diller reveals past same-sex relationships

Barry Diller, 83, revealed in a New York Magazine essay that he's had relationships with men alongside his 24-year marriage to Diane von Furstenberg. Diller, who met von Furstenberg in 1974, describes their relationship …

Google Unveils Top-Ranked Gemini 2.5 Pro AI Model

Google launched Gemini 2.5 Pro Preview (I/O edition), a superior AI model boasting top rankings in coding benchmarks like LMArena and WebDev Arena. Available via Gemini API and Vertex AI, it offers improved coding, web a…

Thunderbolts: MCU's Unexpected Anti-Hero Hit

Marvel's *Thunderbolts*, directed by Jake Schreier, surprises critics and audiences with its unconventional approach. The film, featuring a team of flawed anti-heroes grappling with mental health issues, receives positiv…

GTA 6 Trailer 2 Released, Game Delayed to 2026

Rockstar Games released a second trailer for Grand Theft Auto VI (GTA 6), showcasing the game's story and characters, Jason and Lucia. The trailer, captured on PlayStation 5, reveals a criminal conspiracy in the fictiona…

Rite Aid Closes All NY Stores After Bankruptcy Filing

Rite Aid, facing long-standing financial difficulties, including lawsuits and post-pandemic theft, filed for bankruptcy for the second time in two years. The company is closing all its remaining 178 New York stores, impa…

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