Netflix released at least one movie a week over the past two years – I challenge you to name them all! – but for 2023, the company is changing course. According to Bloomberg, the streaming giant is restructuring its movie division and releasing fewer movies overall. Despite the sheer number of titles Netflix previously released, only a few had won accolades, attained significant hours of streaming, or had the kind of cultural impact some of the biggest blockbusters had achieved. (According to the company’s Top 10 page, its most-watched movies for 2021 and 2022 include Red Notice, Don’t Look Up and Glass Onion: A Knives Out Mystery.)
Netflix ramped up its film development after studios started building their own streaming services instead of licensing their movies to the company. This restructuring will combine the team working on small projects with a budget of $30 million or less and the unit that produces mid-budget films that cost $30 million to $80 million. There’s also a big-budget arm to its film development unit – likely involved with the aforementioned hits. No word yet on whether the restructuring will affect that part of the business.
– Mat Smith
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Testing the limits of today’s leading AI chatbots.
Tech Reader
The generative AI race is on, and the current frontrunners appear to be Google’s Bard and Microsoft’s Bing AI, which is powered by ChatGPT. But what are the limits to the questions it can answer? We asked Google’s Bard chatbots a series of questions to see which is better at delivering facts, replacing us at our jobs or participating in existential debates. We also looked at their speed, transparency and how likely they were to break if we started to push its buttons And don’t worry, Bing AI got the same treatment.
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Through a technicality.
Apple won an appeal against an investigation launched by the UK’s antitrust watchdog last fall. The Competition and Markets Authority (CMA) opened a full probe into Apple and Google in November. At the time, the regulator said that many UK businesses felt restricted by the “stranglehold” the two tech giants had on mobile browsing. The probe also sought to determine if Apple was restricting the cloud gaming market through its App Store rules. The company said the CMA should have opened the probe at the same time it first published its report on mobile ecosystems last June. The Competition Appeal Tribunal (CAT), the court that oversees CMA cases, agreed with Apple, saying the regulator gave notice of its investigation too late.
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Tesla has also been ordered to rehire a worker that it illegally fired.
According to a federal appeals court, Elon Musk broke US labor law in 2018 when he tweeted that Tesla factory workers would forgo stock options if they chose to unionize. In May 2018, a Twitter user asked Musk about his union stance. “Nothing stopping Tesla team at our car plant from voting union. Could do so tmrw if they wanted,” he tweeted in response. “But why pay union dues & give up stock options for nothing? Our safety record is 2X better than when plant was UAW & everybody already gets healthcare.” Tesla has argued the tweet was Musk’s way of pointing out that workers at other automakers don’t receive stock options. The court ordered Musk to delete the tweet. As of the writing of this article, the tweet is still there.
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