Warner Bros’ revenue disappoints on soft ad sales, weak box-office performance

Warner Bros Discovery reported second-quarter revenue below expectations, mainly due to significant declines in box-office and advertising sales, which weighed on overall financial performance. Despite these challenges, the streaming segment thrived, presenting a glimmer of hope. A merger with Paramount gained UK approval but is entangled in legal issues in the US. The company aims…

Meta admits to ‘serious issues’ in talks with govt over CSAM, deepfakes & bots

Meta’s international team is in ongoing talks with Indian government representatives today, aiming to align with local laws and tackle content moderation challenges. Officials are requesting insights into algorithms and preventive measures against harmful content. They are also discussing WhatsApp policies and strategies to combat CSAM. A meeting between IT Minister Ashwini Vaishnaw and Meta’s…