As the smart home world prepares for the Matter 1.5 update this fall, the Connectivity Standards Alliance is releasing a 1.4.2 update designed to bridge the gap, making devices more secure and efficient. Improvements include support for Wi-Fi-only commissioning. Using Wi-Fi Unsynchronized Service Discovery (USD), the protocol bypasses Bluetooth Low Energy (BLE) radios in onboarding devices to Matter over Wi-Fi, providing a path to more affordable devices. A host of security upgrades includes cryptographic Vendor ID (VID), ensuring that the admins installed on a device are authentic. Continue reading Matter Releases an Update as a Next Step Toward Version 15

The Walt Disney Company and Fox Corporation are joining forces to market their sports streaming services. In addition to being sold separately, ESPN’s upcoming direct-to-consumer platform and FOX One will be offered as a $39.99 monthly bundle starting October 2. Both individual services debut August 21, with ESPN charging $29.99 per month and FOX One priced at $19.99 monthly. FOX One will include Fox’s NFL and MLB telecasts as well as FOX News, FOX Weather, FOX Business, FOX Broadcasting and more, while the ESPN DTC service will include access to ESPN’s linear networks, ESPN+ and ESPN on ABC. Continue reading ESPN DTC and FOX One Merging into Mega Package This Fall

Kansas-based AMC Entertainment Holdings reported substantially improved financials for Q2 2025, reducing losses by 150 percent year-over-year to $4.7 million from $32.8 million from the same period a year prior. The world’s largest theater chain reported a 26 percent attendance increase during the period. CEO Adam Aron attributed the strong showing to an industrywide box office recovery that produced strengthened results across AMC Theatres in the U.S. and Odeon Cinemas in Europe. Total revenue of $1.4 billion marked a 35 percent improvement compared to Q2 2024, and EBITDA (earnings before interest, taxes, depreciation, and amortization) grew a stunning 150 percent to $189 million. Continue reading AMC Entertainment Turns Corner: Sales Surge, Losses Narrow

AMC Networks increased streaming revenue by 12 percent to $169 million in Q2 despite an 18 percent dip in U.S. ad sales. The company — whose portfolio of streaming platforms includes AMC+, Sundance Now, Acorn TV, Shudder, HIDIVE and ALLBLK — added 200,000 new subs in the April through June period, ending the quarter with a total of 10.4 million, a 2 percent increase. AMC said it now calculates streaming subscribers on the basis of paid signups. Ongoing challenges in the U.S. cable and satellite TV markets that berth the bulk of its business continue to drag on the balance sheet. AMC’s cable and satellite brands include AMC, BBC America, IFC, IFC Films, SundanceTV and WE tv. Continue reading AMC Networks: Streaming Revenue Growth, Drop in Ad Sales

OpenAI is rolling a new foundation model, GPT-5, via API for developers and enterprise users in three branded sizes — gpt-5, gpt-5-mini and gpt-5-nano — “to give developers more flexibility to trade off performance, cost, and latency.” The company said Thursday that it is also making GPT‑5 available to all ChatGPT Plus, Pro, Team and Free tier users. Enterprise and Education tier users are promised access this week. While GPT‑5 in the API platform is the reasoning model that powers maximum performance in ChatGPT, “GPT‑5 in ChatGPT is a system of reasoning, non-reasoning, and router models,” OpenAI explains. Continue reading OpenAI Announces Launch of GPT-5 Model Across All Tiers

Anthropic has released Claude Opus 4.1, an upgrade to Opus 4 that reportedly improves on agentic tasks, computer coding and reasoning. Pricing has not increased from what customers were paying for Opus 4, and the company promises “substantially larger improvements to our models in the coming weeks.” The move comes as Anthropic nears a new funding round targeting $3 to $5 billion, which could place a valuation of up to $170 billion on the startup. Recurring revenue hit $5 billion as of late July, which could increase to $9 billion by the end of the year. Claude Opus 4.1 was released two days before OpenAI unleashed GPT-5, and performs comparably in coding benchmarks. Continue reading Anthropic Seeks to Raise $5 Billion, Debuts Claude Opus 4.1

Meta Platforms has launched a war against scammers who have infiltrated its popular messaging service WhatsApp, reportedly taking down more than 6.8 million accounts on the platform and adding features to help people identify fraudulent schemes in group and individual chats. Meta claims the scams go far beyond WhatsApp, involving crime syndicates linked to known fraud communities around the world. These criminal scam centers commonly use forced labor to target people across multiple apps, commonly disrupting WhatsApp, the mobile SMS tree that underpins private text messaging, as well as users of ChatGPT, TikTok, Telegram and blockchain. Continue reading WhatsApp Deletes Scam Accounts and Adds Safety Features

Warner Bros. Discovery reported revenue growth in Q2 with a $9.8 billion total compared to $9.7 billion for the same period in 2024. Propelled by the success of films like the action/comedy “A Minecraft Movie” and the horror hit “Sinners” starring Michael B. Jordan — in addition to the international rollout of HBO Max — the company turned a profit of $1.58 billion for the quarter, a significant increase over the same frame last year. Television series including “The Last of Us” and “Abbott Elementary” were hailed as examples of “creative excellence.” In the shareholder letter, WBD says it “optimized” linear networks, while making “substantive progress” in the movie studios and streaming arms. Continue reading WBD Earnings Buoyed by ‘Minecraft’ Film, HBO Max Growth

Grok Imagine is xAI’s new video and image generator, which is currently available via the X social platform, the Grok mobile app, and Grok web interface. Imagine replaces AI image generator Aurora, which was retired in May following a string of offensive posts that led to media criticism and user concerns. Despite the backlash, Elon Musk’s xAI seems determined to have Imagine push conventional limits, with a “spicy” mode that outputs imagery including adult content. Its text-to-image capabilities work with text or voice prompts, while the video tool relies on image prompts to make short clips using images from a user’s gallery or generated by Grok. Continue reading Grok Imagine from xAI Offers Video Generation, ‘Spicy’ Mode

Feed is a new social platform featured within the Character.AI mobile app, which launched in 2023 and now has more than 20 million active users worldwide. Described as “TikTok-meets-ChatGPT,” the AI-native Feed is populated by AI-generated avatars, called Characters, created by the platform’s subscribers using the company’s tools. Characters can post AI-generated content, including videos, viewed in a scrollable format that invites familiar interactions like sharing, comments, follows and likes. What sets Feed apart, Character.AI says, is its vibe of a “remix playground,” as opposed to the “passive consumption” approach typical of conventional social platforms. Continue reading Character.AI Launches AI-First Social Platform Named ‘Feed’

Disney’s fiscal Q3 earnings and full year projections have topped expectations, with its Streaming and Parks businesses leading revenue streams. Operating income from streaming hit $346 million for the quarter, a significant increase over the same period last year. Disney ended Q3 with 183 million Disney+ and Hulu subscriptions, an increase of 2.6 million from Q2. Overall, revenue was up 2.1 percent to $23.7 billion for the three-month period ending June 28. In addition, the company announced that it plans to integrate Hulu into Disney+ for a new streaming app to be available next year. Continue reading Disney Reports Jump in Profit, Plans to Fold Hulu into Disney+

Roku has launched Howdy, an ad-free U.S. SVOD service that will cost $2.99 per month for access to a catalog of nearly 10,000 hours of entertainment from inaugural partners Lionsgate, Warner Bros. Discovery and FilmRise, as well as select Roku Original titles. “Priced at less than a cup of coffee,” Howdy is “meeting a real need for consumers who want to unwind with their favorite movies and shows uninterrupted, and on their terms,” said Roku founder and CEO Anthony Wood who feels people are willing to pay to avoid ads even though many ad-supported streaming services are available free. Continue reading Roku Launches Ad-Free Streaming Service for $3 per Month

OpenAI is releasing two lower-cost, open-weight reasoning models in an effort to be more competitive with Meta, Mistral and DeepSeek and they will be the first OpenAI models available from Amazon. The new offerings — gpt-oss-120b and gpt-oss-20b — will be among the model choices on AWS’s Bedrock and SageMaker AI services. Both models are said to be well-suited for agentic use. The gpt-oss-120b model performs comparably to OpenAI o4-mini on core reasoning and can run on a single 80GB GPU. The gpt-oss-20b model is compared to OpenAI o3‑mini and can run on edge devices with just 16GB of memory. Continue reading Open-Weight Models Are a First from OpenAI in AWS Catalog

OpenAI has reportedly secured another $8.3 billion in funding, for a valuation of $300 billion. The new investment is a major coup for the firm, coming months ahead of schedule in its plan to secure $40 billion in funding by the end of the year. The company previously secured a $30 billion commitment from SoftBank if certain goals are achieved by the start of 2026. The funding news comes as ChatGPT is close to reaching 700 million weekly active users, including a significant jump in new users over the last several months. The company has also experienced an increase in paying subscribers as more enterprises and educators turn to AI. Continue reading OpenAI Raises $8.3B as ChatGPT Nears 700M Weekly Users

YouTube is testing a new collaboration feature that allows creators to link other users’ content to their videos, enabling recommendations to followers of each account as a means of driving visibility and engagement. Creators can tag collaborators, who must approve before their name and audience reach is added to the clip. In addition to a collective graphic, a designation along the lines of “and three more” appears next to the name of the host account holder. When clicked, the “more” opens to display the hot-linked channels that are collaborating. Instagram and TikTok already have similar features in place. Continue reading YouTube Collaboration Tool Helps Creators Expand Audience