Town Hall News

WASHINGTON (Reuters) – Leaders of the U.S. Federal Trade Commission said on Tuesday the agency would pursue companies who misuse artificial intelligence to violate laws against discrimination or be deceptive. The sudden popularity of Microsoft-backed OpenAI’s ChatGPT this year has prompted calls for regulation amid concerns around the world about the possible use of the innovation for wrongdoing even as companies are seeking ways to use it to enhance efficiency. […]

(Reuters) – Netflix Inc on Tuesday reported first-quarter revenue and earnings roughly in line with Wall Street expectations but offered a forecast below analyst estimates for the next three months. Shares of Netflix fell 9.3% to $302.43 in after-hours trading. The streaming video pioneer began to reap the benefits of a crackdown on password sharing and the introduction of an ad-supported tier. From January through March, Netflix posted diluted earnings […]

(Reuters) – World number two Nelly Korda has tightened up the “loose ends” in her game in pursuit of her second major title at the Chevron Championship, which begins this week in the Woodlands, Texas. The American has come tantalisingly close this year to adding another title to her eight LPGA wins, finishing in the top six in four of her last five starts, including a second-place showing at the […]

(Reuters) – Russian President Vladimir Putin met his commanders in two regions of Ukraine that Moscow claims to have annexed, while Russian forces stepped up artillery bombardments and air strikes on the devastated eastern Ukrainian city of Bakhmut. POLITICS/DIPLOMACY * Ukrainian President Volodymyr Zelenskiy visited troops in the small eastern city of Avdiivka on Tuesday, thanked them for their service and was briefed by commanders on the battlefield situation, his […]

By Dawn Chmielewski and Lisa Richwine (Reuters) – Netflix Inc on Tuesday reported first-quarter revenue and earnings roughly in line with Wall Street expectations but offered a forecast below analyst estimates for the next three months. The streaming video pioneer began to reap the benefits of a crackdown on password sharing and the introduction of an ad-supported tier. From January through March, Netflix posted diluted earnings of $2.88 per share, […]

WILMINGTON, Delaware (Reuters) – Fox Corp and Fox News have resolved a defamation lawsuit by Dominion Voting Systems, the judge in the case said on Tuesday, averting a high-profile trial putting one of the world’s top media companies in the crosshairs over its coverage of false vote-rigging claims in the 2020 U.S. election. The resolution, whose terms were not immediately disclosed, was announced at the 11th hour, with a 12-person […]

(Reuters) – Netflix Inc is winding down its DVD rental business, the company said in a blog post on Tuesday, ending the service it started around 25 years ago. The streaming service said the DVD business had been shrinking and it will not be able to continue to offer quality service. The company will ship the last discs on Sep. 29. Netflix, which was founded in 1997, started the DVD […]

By Lewis Krauskopf, Sruthi Shankar and Ankika Biswas (Reuters) – The S&P 500 ended little changed on Tuesday after a mixed performance from megacap stocks and disappointing quarterly reports from Johnson & Johnson and Goldman Sachs as first-quarter earnings season kicked into gear. J&J shares fell after the healthcare conglomerate cautioned investors over the lingering impact of inflation-driven costs this year. Goldman shares dropped after the Wall Street firm’s profit […]

(Reuters) – The Russian-installed head of the Moscow-controlled part of Ukraine’s Donetsk region met Belarusian President Alexander Lukashenko in Minsk on Tuesday and said he had discussed ways of boosting trade. Denis Pushilin, writing on Telegram, said he was interested in quarry equipment, tractors and buses as well as building products and furniture. In return, his region was ready to export grain to Belarus in addition to existing shipments of […]