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. Read more

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. Read more

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. Read more

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. Read more

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. Read more